Core values are more than just words on paper; they’re often the defining fabric of the organization itself. Here are some of the reasons why measuring the core values is must for the organizations:
The pressing need for organization to measure adherence to core values:
This is something that leading organizations of the world recognize — which is why there are sometimes entire cross-functional initiatives dedicated to ensuring everyone who comes on board truly understands what the Company’s Core Values mean.
Core values define workplace culture and create common ground:
A firm’s core values are much like the characteristics that allow us to define what people from a certain country or region are like. They’re these overarching common threads that run through everyone from that area, regardless of gender, age or other demographic or socioeconomic factors. In an organization, the shared belief in and adherence to the core values can blur the lines between departments, hierarchy, and geography, creating common ground.
It is increasingly important for companies to have a strongly entrenched core value system as they grow. Whether across geographies or even in the sheer number of employees, growth can make it difficult to create a work culture that translates. However, with the right set of core values, a firm can ensure that the culture remains intact even as the day-to-day changes and growth might make other changes inevitable. If employees adhere to these core values, the culture withstands any forces that come its way. Whether it is in its early days as single office startup with just ten employees or ten years later as a mammoth multinational with a presence in 50+ countries, the core values endure IF employee adherence to these values is always held as non-negotiable.
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