The article explores the shift from the New Public Management (NPM) paradigm to a public value approach, examining the implications for public sector management and managers. NPM, characterized by post-bureaucratic and competitive principles, focused on efficiency, economy, and performance targets. However, it faced challenges such as high transaction costs, fragmented relationships, and a lack of accountability. In response, the public value approach emerged, emphasizing the creation of public value through collectively determined preferences and trust. This approach shifts the focus from individual preferences to broader societal goals, requiring public managers to engage in collaborative governance, adapt to changing conditions, and develop new leadership skills. The article highlights the need for public managers to navigate complex political and operational environments, fostering trust and legitimacy while balancing multiple objectives. The transition to the public value paradigm represents a significant paradigmatic change, challenging existing managerial capabilities and necessitating the development of new skills to address interconnected policy problems.The article explores the shift from the New Public Management (NPM) paradigm to a public value approach, examining the implications for public sector management and managers. NPM, characterized by post-bureaucratic and competitive principles, focused on efficiency, economy, and performance targets. However, it faced challenges such as high transaction costs, fragmented relationships, and a lack of accountability. In response, the public value approach emerged, emphasizing the creation of public value through collectively determined preferences and trust. This approach shifts the focus from individual preferences to broader societal goals, requiring public managers to engage in collaborative governance, adapt to changing conditions, and develop new leadership skills. The article highlights the need for public managers to navigate complex political and operational environments, fostering trust and legitimacy while balancing multiple objectives. The transition to the public value paradigm represents a significant paradigmatic change, challenging existing managerial capabilities and necessitating the development of new skills to address interconnected policy problems.