In management literature can be found different attempts and discussions about the impact of personal values on managerial working and behaviour. This problematic is primary researched in sociological and psychological literature, where the impact of personal values on people's behaviour is widely recognized and also empirically confirmed. Majority of empirical investigations studies are focused on researching the impact of different groups of values (i.e. single values are grouped together) on managerial work and behaviour. In literature and business practice is substantial lack of studies about the impact of personal values on characteristics of management. On the base of cognitions from literature and our experiences form business practice, we can most general suppose, that managerial personal values importantly drive working and behaviour of management. Among different possible viewpoints (also approaches, levels of analysis) we focused on management innovativeness, since it has become one among most important and frequently researched and discussed management characteristic in modern organizations. This is especially important in current economic conditions, where organizations can only survive by permanently improving their performance, which is often possible only with innovations. In proposed framework the thesis for our contribution is: How managerial personal value influence assigned targeted characteristic of management innovativeness. For our work we select a set of important characteristics of management innovativeness, and for each of selected vales we research its' influence on targeted managerial characteristics. We also empirically tested our thesis, based on results of a survey among more than 200 managers in Slovenian organizations.