How does personal values affect strategy

This may sound easy, but you actually cannot define your values without knowing what they are actually. Well, your values are comprised of the things you think and believe are essential in the way you work and live your life.

How does personal values affect strategy

How does personal values affect strategy

In examining the correlation between the manner in which we conduct business and the principles to which we personally ascribe, it is undeniable that we are inextricably impacted by our respective familial upbringings, social environments and academic influences.

Echoing this observation, noted ethicist and educator Dr. Robert Rue emphasizes that: Our values get us out of bed every morning, help us select the work we do, the company we keep, the relationships we build, and ultimately, the groups and organizations that we lead.

Our values influence every decision and move we make, even to the point of how we choose to make our decisions Rue,p. Consequently, when an individual discovers genuine and meaningful alignment between his or her own personal values with those of his or her employer, a powerful connection is created.

This connection creates numerous possibilities for both individual growth and company productivity, manifested in myriad ways. The need to generate employee enthusiasm and dedication to product produced or service rendered is of utmost concern to retain the employee and infuse passion in those services delivered by the employer.

There has been a long held maxim that if an employee truly believes in the work that he or she performs for an employer, that employee will be invigorated to create a necessary, safe and beneficial service or product with pride, dedication and respect to purpose.

Prior to accepting employment with a new employer, a certain amount of due diligence is customarily performed: Does the organization have a sound historical record in manufacturing a product or providing a service that provides both desired and necessary assistance to the customer?

Will public image be portrayed in conformance with the actual operations of the business? It is imperative, especially in the wake of new legislation enacted to curtail the level of reported corruption and to demand individual accountability e.

Barrett continues to explain that if you use beliefs to make decisions, those decisions will reflect your past history in dealing with similar situations.

Past history is always experienced and context-based, and beliefs are not equipped to handle complex new situations that have not been experienced previously.

Frame the criteria you will use to choose your core personal values

Beliefs are steeped in our past histories, habits and traditions, and are thus constrained by individual experiences and not as adaptable to new situations. Alternatively, if you use values to make decisions, those decisions will align with the future you want to experience.

Values transcend both contexts and experiences. Therefore, they can be used for making tough decisions in complex situations that have not yet been experienced.

In North America, it’s personal. Seventy-three percent of respondents in the U.S. and Canada say that “my personal values system” is a primary enabler for aligning values with decision making, compared with 60 percent who cite corporate strategy. Personal Values Personal values are made up of many environmental influences including upbringing, religion, friends, family, peers and, education. How individuals demonstrate and model their personal values is seen through personal and work behaviors, decision- making, problem-solving and, interpersonal interaction. Personal values define character. These values might include respecting others, keeping promises, showing personal accountability, or providing excellent customer service. It's important to identify and understand the workplace values of successful team members, so that you can select new recruits who share these values.

As a result, values provide a more flexible mode of decision-making than beliefs. When an organization and its team members unite around a shared set of values, they become more flexible, less hierarchical, less bureaucratic, and they develop an enhanced capacity for collective action.

When employees not only share similar values — but also a similar vision — the performance of a company is enhanced.

Shared values build trust. Trust is the foundation on which relationships are established, both with team members and customers alike. Values-based leadership is a way of making authentic decisions that build the trust and commitment of employees and customers.

As a leader, your job is to create a vision and to inspire others to make that vision a reality. In order to get employees passionate about what they are doing, leaders have to possess great energy so that they can spark excitement and achieve results.

Journal of Values Based Leadership - Valparaiso University

While this may seem counterintuitive, a great leader sometimes needs to focus less on the numbers, and more on the values of building a team, sharing ideas and exciting others.

Successfully operating as a values-based leader benefits your team, your organization and yourself. Bonding, appreciation of differences, improved relationships, clarity of team purpose Organizational: Revitalized corporate culture, alignment, commitment and passion for the organizations values and a deeper sense of meaning Customers: A leader who embraces this type of thinking can become very successful in fostering strategic vision and gaining the support and partnership of other potential business partners.

Find people who are competent and really bright, but more importantly, people who care exactly about the same thing you care about.Thomas, Tammara Petrill. "The Effect of Personal Values, Organizational Values, and Person-Organization Fit on Ethical Behaviors and Organizational Commitment Outcomes among Substance Abuse Counselors: A Preliminary Investigation." PhD (Doctor of Philosophy) thesis, University of Iowa, Use your personal core values to help focus your personal decision making.

The Best Guide to Life: Your Personal Values

Strategy Tools Understanding Workplace Values How to Find People Who Fit Your Organization's Culture showing personal accountability. As a leader, choose the values and the ethics that are most important to you, the values and ethics that you believe in and that define your character.

Then live them visibly every day at work. Living your values is one of the most powerful tools available to you to help you lead and influence others. What do you believe in? What values are you willing to stand up for?

Personal values are the beliefs, principles or ideas that are important to you in your life. Values are what you stand for in. Values vary between individuals and, because values govern behavior, they color the way individuals view and respond to their world.

It is important to understand the impact values have on choice. While values can, and do, change over time, they represent a significant component of personality.

Personal Core Values