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Review article

https://doi.org/10.70077/et2er.7.2.11

Value-based Managerial Competency Preferences: Applying Schwartz’s Theory of Basic Human Values to Graduate Business Students

Lahorka Halmi ; Karlovac University of Applied Sciences *
Ivana Varičak ; Karlovac University of Applied Sciences
Silvija Vitner Marković ; Karlovac University of Applied Sciences

* Corresponding author.


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Abstract

This research examines the integration of individual values within the framework of individual values defined as by
Schwartz’s Theory of Basic Individual Values. Drawing on qualitative methodology, the research used a coding procedure
to link competencies with corresponding values by academics and was measured by Choen’s Kappa, while managers
assessed the importance of general and professional competencies on a 1-5 Likert-scale, with mean ratings above the
4.5 threshold were considered important and further discussed. The results show that there is a need for professionals
who can navigate complex and unpredictable environments effectively, where they are able to communicate clearly in
challenging situations, make informed decisions while taking responsibility within a team, demonstrate ethical and
social awareness, manage their own and others’ emotions, fostering productive relationships, lead adaptively and
achieve objectives under uncertainty, and are able to communicate clearly in challenging situations, make informed
decisions while taking responsibility within a team, demonstrate ethical and social awareness, manage their own and
others’ emotions, fostering productive relationships and lead adaptively and achieve objectives under uncertainty.

Keywords

Choen’s Kappa; Graduate business program competencies; Schwartz’s Theory of Basic Individual Values

Hrčak ID:

341347

URI

https://hrcak.srce.hr/341347

Publication date:

16.12.2025.

Visits: 245 *