7 Steps to Discovering Your Core Values

Core values are the root beliefs that a person or organization operates from. They are the principle perspectives that guide a person or organization’s behavior with others.

Consider using these steps when establishing your company’s core values to productively clarify and build your unique set of core values:

1. Brainstorm values.
2. Group and eliminate.
3. Distill core elements.
4. Draft a statement.
5. Finalize core values.
6. Communicate the statement.
7. Live the values.

What Defines Effective Company Values?

1. Lead with your purpose statement. Your company’s purpose defines the reason why your organization exists.
2. Keep your values unique.
3. Make values easy to understand and remember.
4. Your values must cost you.
5. Update your values over time.

Simply put, the two principles of integrity and ethics translate into doing the right thing, in an honest, fair, and responsible way. Building your entire business on the foundation of honesty and integrity goes a long way into building a strong, trusting relationship with its employees, stakeholders, and customers.

1. Step 1: Begin with a Beginner’s Mind.
2. Step 2: Create a Master List of Your Team’s Internal Values.
3. Step 3: Chunk Your Values into Related Groups.
4. Step 4: Highlight the Central Theme of Each Value Group.
5. Step 5: Focus on What You Value Most.

Having a clear set of values helps your employees understand what you stand for. Your company values also give them guidance for their work and a sense of security. As a result, your employees are more likely to make the right decisions — the decisions that help them achieve the company’s vision and goals.

25 Core Value Statements from 2018’s Top Organizations “That horizon might be closer than you think.” – Intuit Mint. “Mint’s value statement is inspiring, especially for those operating in the retirement and financial industry. “We do the right thing. Period.” – Uber. “Treat your customers like human beings…” – L.L Bean. “Sport is the foundation for all we do…” – Adidas.

Companies usually have anywhere between5 and10 core values. It is very rare to have less than5 or more than10 core values because too few (like too many) would have a fire-back effect on the role and effect of these core values on corporate performance !

How To Create A Company Culture Around Your Core Values Nail Down Your Core Values. First thing’s first: you need core values to create a successful company culture. Follow Your Core Values. Once you nail down your core values, practice them every day. Ingrain Core Values In Your Business. Your company culture will embody your core values if you ingrain them in your business. Remind Employees Of Core Values.

Core values in business are beliefs that guide decision-making and actions. Some examples of company core values include integrity, honesty, self-discipline, and dependability.