“Values”. What does it mean?

    “Values” is a widely misused term, one that is often a key break out subject at the annual senior management off site session, subject to sage pronouncements, then usually ignored.

    Having participated, and more recently facilitated many of these sessions over the years, I have seen a few words that emerge, and that have actually evolved to mean something to the businesses concerned once the bull session is over:

  1. Reciprocity, where each individuals takes responsibility for their performance, that of their colleagues, and the organisation as a whole. When all individuals take this step, and the structures in the organisation are aligned, a powerful mutual and widely shared obligation, reciprocity, can emerge.
  2. Teamwork, that fosters  collaboration and cross functional  value creation
  3. Achievement, where the employee is recognised and rewarded for setting and achieving ambitious goals, but where money is only a small part of the reward system
  4. Integrity, which creates barriers to the short term, and is the foundation of the other values.
  5. The words used differ from place to place, but the presence of these four in some form appears to be a basic recipe for success. 

     

About strategyaudit

StrategyAudit is a boutique strategy and marketing consultancy concentrating on the challenges of the medium sized manufacturing businesses that make up the backbone of our economy. The particular focus is on their strategic and marketing development. as well as the business and operational efficiency improvements necessary for day to day commercial survival. We not only give advice, we go down "into the weeds" to ensure and enable implementation.
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