Core Values – Say What?
Beliefs That Guide Actions Core values defined simply are the basic beliefs which guide every individual’s actions, whether at work or at leisure. Like individuals, organizations too have core values which help them set apart their culture and influence their strategy for reaching common goals. For an organization, core values can help determine the key priorities, support or even help create a vision, and build policies and practices that uphold them. In a sense, core values form the soul of the company – its principles, beliefs, and philosophy. This is why core values are considered a peek into the organizational culture. Unfortunately, many organizations only attend to their technical expertise while ignoring their underlying capabilities that can drive a sustained competitive advantage. Core Values Help Decision Making If customer delight is a core value, consistent low rankings of customer feedback about any issue needs immediate attention. Educating customers. Core values c...