The fundamental objective of managing any organization

Hence, the fundamental objective of managing any organization is maximization of the aggregate value of the organization in question (financial + functional + emotional + spiritual) for all of its stakeholders - business owners, NGO sponsors, personnel, clients/customers, suppliers, partners, etc. In other words, to transform the company in question into a happy organization – and keep it that way (in the permanent state of corporate happiness)

In order to achieve harmony between the organization in question and its environment, one must also maximize the aggregate value of each stakeholder to the organizations.

Now I will prove that this fundamental management objective is the one that best fits objective reality, facts, logic and common sense.

Why does an entrepreneur start a business?

First, to make as much money as possible – in other words, to create the maximum amount of financial value. Second, to create an organization which will provide its clients/ with functionally useful products - in other words, to create the maximum amount of functional value. 

Third, to maximize his/her emotional pleasure from both the process and the result - in other words, to create the maximum amount of emotional value. And, finally, to implement in his/her company his/her fundamental values, beliefs and principles - in other words, to create the maximum amount of spiritual value.

Why does an employee work for an organization?

First, to earn as much money as possible – in other words, to create the maximum amount of financial value. Second, to earn his or her living by providing his/her internal and/or external customers with useful products and/or services – in other words, to create the maximum amount of functional value. 

Third, to maximize his/her emotional pleasure from both the process and the result - in other words, to create the maximum amount of emotional value. And, finally, to implement in his/her on-the-job activities his/her fundamental values, beliefs and principles - in other words, to create the maximum amount of spiritual value.

Why does a stakeholder work with an organization?

To satisfy his/her/its aggregate needs and desires – financial, functional, emotional and spiritual – to the maximum possible extent. In other words, to obtain from these interactions/relationships the maximum possible aggregate value.

Therefore, the stakeholders of a company in question are interested in building and maintaining relationships with the company in question only to the extent that this organization is capable of satisfying their aggregate needs (create aggregate value for them). And the higher is the amount of financial value created by the organization for its stakeholders, the more interested are they in building and maintaining relationships with the company in question. And the more competitive is this organization.

Hence, maximization of aggregate value for all of its stakeholders is, indeed, the truly fundamental organization management objective best corresponding to objective reality, facts, logic and common sense.