Yes. This is yet ANOTHER blog post about CORE VALUES. Perhaps the topic of core values seems to get so much attention because they’re vitally important. This post is my take on why.
Instead of having you read to the end to get to the punch line, here it is: core values are part of, what I refer to as, your company’s “navigation system” and a foundational building block of your company culture and gateway to a company’s success. More about that navigation system in a future post . . .
Whether or not it’s intentional, your company has a culture. Woven into that culture are core values defining behaviors that are acceptable - - and not acceptable - - in your organization. And, unless your core values have been intentionally clearly defined, your corporate culture will take on a life of its own and it may not be what you want it to be. As the leader of your organization, if you haven’t done your job you don’t get to be frustrated and disappointed.
Despite sounding like “the team-building exercise dujour” defining core values in an organization has a high ROI. Core values help to shape many processes and systems of including a successful interview process, client selection & competitive advantage. And, one of the most rewarding results I hear from clients is that their team can take actions and make decisions without the leader micromanaging everything. Core values empower your team to effectively perform in the roles for which you hired them. It makes it possible for them to function as a team.
If you’ve ever been frustrated by having to do other people’s jobs for them, this may be the one of the missing elements in your organization. In combination with defining WHY your company exists, core values help provide guidance to team members on what is acceptable and not acceptable in managing situations and clients. And, when you’re able to fill your organization with people who embody the same core values and shared passion, amazing things begin to unfold. It’s worth spending some time getting your mind around that and imagining what could be possible in your own organization by putting even just these two elements in place.
A new year is upon us. No time like the present to start anew. May you have a happy and prosperous 2017!
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