Posted by on September 4, 2012
Organizational core values are a primary determinant of culture, employee satisfaction and business performance. This article addresses six core value topics that CEOs and business executives should know about.
The Six Topics
Below is the core value list: * Core values are the building blocks of organizational culture. * The process of defining, measuring, and improving core values can be an excellent vehicle for improving organizational culture. * Core values provide a common language to address unacceptable behaviors in a less threatening way. * Core values guide decisions and emphasize what is important to the business as the organization continues to change and improve. * Core values influence business performance. * If core values have not yet been established, a step-by-step process described in this article can be followed to discover them.
1. Core values are the building blocks of organizational culture
The core values of an organization are the foundation of the corporate culture.
Organizational core values do more than just promote ethical business practices. The system of core values that a business owns will shape the culture of the enterprise, the decision-making criteria of your managers and the actions of your employees. The more strongly defined the organization’s core values, the more likely that this value system will serve as a code of conduct that promotes and guides strategically-aligned behaviors within managers and employees.
2. The process of defining, measuring, and improving core values can be an excellent vehicle for improving organizational culture
There are many benefits to be realized by utilizing core values to drive cultural change, but perhaps the following are most significant: * The process defines a shared set of beliefs and commitments to the way the employees of a business want to behave and treat each