10 Steps For Developing Your Company’s Core Values

Each value should be one word or at most a short phrase

Step #1
DECIDE IF YOU’RE COMMITTED to running a values-based company.

This requires more patience with revenues and profits in order to lay the foundation.
Make the decision sooner rather than later.

Step #2
FIGURE OUT YOUR PERSONAL VALUES.
It’s surprisingly harder than you think.
Be honest with yourself.

Step #3
GET KEY PEOPLE’S PERSONAL VALUES.

Step #4
COMBINE PEOPLE’S VALUES.
Don’t do this by committee – just 1 or 2 people.

Step #5
ASK MANAGERS TO TEST VALUES AGAINST EMPLOYEES & EX-EMPLOYEES.

Step #6
TEST YOUR COMMITMENT.
Are you willing to hire/fire people based on whether they fit your core values, even if an employee adds a lot of value in the short-term?

Step #7
SEND TO ENTIRE COMPANY, AND ASK FOR FEEDBACK.

Step #8
COMBINE PEOPLE’S VALUES (again)
Don’t do this by committee – just 1 or 2 people.
You can’t make everyone happy.

Step #9
ROLL OUT CORE VALUES TO ENTIRE COMPANY.

Step #10
INTEGRATE CORE VALUES INTO EVERYTHING YOU DO.
Especially hiring, firing, and performance reviews.

Source: deliveringhappiness

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

Houston business coaching.

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