VALUE OF COMPANY VALUES
Values are the core principles that an organisation live by and these principles help shape the culture of the organisation. Values convey the character of the organisation to external stakeholders
WHO DEFINES VALUES:-
The top Executives/Leadership of an organisation define values as guidelines for all company’s actions and decisions. Organisation’s vision can also play a vital role in defining the values.
WHY IS IT IMPORTANT
Importance to Organisation –
Values act as guiding principles just like “North Star” that provides direction so that you never feel lost.
Defining values can set an organisation apart from its competition by establishing its own identity and can help build a brand for itself.
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Importance to Employees –
Values act as guidelines to build strong culture for an organisation. The employees should have clear understanding of the values and are expected to exhibit the values when taking any action or decision. The values can help identify the best course of action in any given situation.
Values of the organisation define how employees should operate, behave and communicate thus necessitating alignment of all actions and decisions to values
Importance to Job Seekers –
Values define culture of the organisation and as a Job seeker its important to align own values to the values to the organisation. Data suggests that approximately One third of the employees leave within 6 months of joining an organisation. One of the key reasons for such high attrition is the lack of alignment to the values of the organisation.
The decision to join an on organisation on the basis of compensation or company reputation and not checking own values with the culture can cost time, effort and can lead to disappointment.
SUCCESS MANTRA
To build a great character you need strong will power similarly the willingness to bear the pain and grit defines how committed an organisation to its values. Leading by example holds the key to success as employees tend to observe the actions of Executives/Leaders and such observations are reflected in their own actions later.
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2 年Interesting read Nitin Verma. We'll articulated ????
Contract Management Lead | Mental health Speaker | Motivator | Content Writer | Certified Emotional Practitioner |
2 年Can't agree more and companies who do not follow and still want to grow need to understand how important a company culture is to employees. They want to come back again and again not for the work bt for the people and the culture ??