Focusing on values instead of profit margins has a variety of potential benefits, including increased performance levels, improved service, reduced employee variability, and long-term sustainability. Establishing a values-driven culture is also a powerful point of action in developing a positive social impact on the community as well as leaving a legacy for future generations.
There are three major benefits to a values-driven culture:
Cultural change happens from the top down. Management and employees must take the time to assess the desired core values of the company. Then, a new values and mission statement must be developed and agreed upon as the foundation of the new values-driven culture. A company should utilize coaching, action plans, and alignment and cohesion plans to drive the best values-driven results from the top down.
When considering transforming a company’s culture to a values-driven culture, companies should seek the consultation of an expert. An expert in corporate culture will help develop a new values-driven culture with their tools, know-how, and resources to measure and align new corporate values while allowing a company to remain focused on its core competencies.
For more information download our “Adopting a Values-Driven Culture” white paper here, which goes into further detail about why a values-driven organization is the most successful and sustainable business model.
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