A Fresh View of Company Values

A Fresh View of Company Values

Values of the heart (corporate core values) and values of the mind (team values) are essential for a complete organizational culture. Corporate core values establish an emotional foundation while team values establish operational foundations. ?

Values of the Heart

The term core values was first introduced in 1994 in Built to Last. The authors argued that many of the best, most enduring companies had principles that they termed ‘core values’ at their heart. Ten years later, 90% of companies declared having core values.

Core values are values of the heart that resonate emotional beliefs. Often cited examples include integrity, respect, humility, kindness, courage, and empathy.

Values of the Mind

Team values are values of the mind that strikes a chord of actionable practices such as accountability, innovation, and collaboration. Since each team is unique, each will have both shared and distinct values that reflect their specific context, whether for projects, products, departments, locations, or the organization as a whole.

The 2024 Rise in Interest About Team Values

There has been a sudden rise in interest for team values.? The topic appears in several 2024 papers and almost none in prior years.? These are some examples: The Power of Team Values and Principles; What Are Team Values & How to Create Them; Team Values:? Their Importance, How to Create Them, and Examples; 10 Examples of Team Values and How to Create Them.

A Tool for Both

The Culture Quest software and process provides a straightforward online step-by-step template to both types of values. Once a plan is completed, it becomes available online for all team members to review, evaluate, and contribute suggestions. See the actual step-by-step process at www.employeesforcultureinnovation.?

www.culturesinaction.com

Leslie Martinich

Speaker | Author | Leadership and Trust | IEEE Distinguished Speaker

4 个月

Thanks, Gerald R. Wagner, PhD.! Nice history on "core values" and "team values." And a very useful tool!

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