Core values are traits or qualities that you consider not just worthwhile, they represent an individual's or organization's highest priorities, deeply held beliefs, and core, fundamental driving forces.
Core values define what your organization believes and how you want your organization resonating with and appealing to employees and the external world.
Core values are also called guiding principles because they form a solid core of who you are, what you believe, and who you are and want to be going forward.
Values form the foundation for everything that happens in your workplace. The core values of the employees in your workplace, along with their experiences, upbringing, and so on, meld together to form your corporate culture. The core values of the founder of an organization permeate the workplace. His or her core values are powerful shapers of the organization's culture.
The core values of your senior leaders are also important in the development of your culture. The reason? These executive leaders have a great deal of power in your organization to set the direction and define daily actions. The executive leaders and the managers who report to them set the tone in establishing the quality of the work environment for people.
This work environment reflects the core values of all employees, but the core values of executive leaders who walk their talk, are overreaching. Additionally, your leaders and managers have selected employees who they believe have congruent core values and fit your workplace culture.
Your goal, when you identify the core values of your organization, is to identify the key core values, not a laundry list of cookie cutter values that you copied off of another organization's list of core values. An organization's employees woud have a hard time living any more than 10-12 core values (at a maximum).
Core values are made accessible by translating them into value statements. Value statements are grounded in values and define how people want to behave with each other in the organization. They are statements about how the organization will value customers, suppliers, and the internal community.
Value statements describe actions that are the living enactment of the fundamental core values held by most individuals within the organization.
More About Core Values
- More About Core Values and Value Statements (Sample Values)
- Strategic Planning Framework
- How to Make Strategic Planning Implementation Work
- Create Your Personal Vision Statement
- Readers Share Their Life Vision
- Build an Organization Based on Values
- How to Make Values Live in Your Organization
Also Known As: values, guiding principles, value statements