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VBM |
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Since Keisling presided over the establishment of Oregon's vote-by-mail system (VBM), his umbrage at Rubin's "casually dismissive half-sentence" characterizing VBM as a "terribly insecure system" is understandable, but his defense of VBM is hardly unbiased. The VBM or Value Based Management system constitutes a management system designed to create value for shareholders. ``Although ambitious, we believe VBM has the makings of a shift in operating philosophy of such magnitude that its success or failure may well define the current generation of Nordstrom management,'' said a report by Dain Rauscher Inc. |
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