Businesses which align their values with their vision, mission and strategic goals will have a clearer focus and expectations. Values help with lots of different business processes:
- Values based decision making assures consistent decisions aligned with the vision and purpose. This increases transparency and fairness behind the decision and ultimately resource allocation.
- Staff are employed based on values fit, and values fit reduces staff turnover, recruitment costs, and time spent performance managing.
- Values can support compliance and reduce the amount of policy needed to make your organisation work.
Hence, spelling out the intent of values brings people onto the same page. Three to five organisational values and explicit wanted behaviour statements for each define organisational expectations. These expectations need role modelling and managing by leaders to create the espoused culture. Last week’s Friday’s Insight talked about the connection between values, behaviours and organisational culture.
You can find out about your values in a 5 minute free personal values assessment.
There are tools which help measure culture. For instance Cultural Transformation Tools use personal values, current culture values and desired culture values to start culture planning and development and the conversation of organisational alignment.