Core Values Definition:
Core values are the fundamental beliefs and guiding principles that dictate the behavior and actions of an organization. They serve as the foundation for decision-making and help shape the company culture.
Best Practices for Defining Core Values
- Inclusivity: Involve employees at all levels in the process of defining core values.
- Clarity: Ensure core values are clear, concise, and easily understood.
- Communication: Communicate core values consistently and integrate them into all aspects of the organization.
How Core Values Work
- Identification: Identify the fundamental beliefs and principles that align with the company’s mission.
- Integration: Integrate core values into daily operations, decision-making processes, and organizational culture.
- Reinforcement: Reinforce core values through communication, training, and recognition programs.
Key Features of Core Values
- Guiding Principles: Serve as a guide for behavior and decision-making.
- Cultural Foundation: Help shape and maintain the company culture.
- Consistency: Ensure consistency in actions and decisions across the organization.