What are we talking about? Company values are clear requirements that are presented to each employee of the organization. They cover all departments and affect all business processes: from communication with colleagues to customer service.
Why can't it be ignored? If a company doesn't stick to its own beliefs, it is always noticed by consumers of goods or services, which leads to a loss of trust and a decrease in sales. And it undermines the morale of employees, which is reflected in the quality and results of work.
In this article:
What are company values?
6 Functions of Corporate Values in Business
What role does the investor database value system play in a company?
Can a company operate successfully without values?
Types and kinds of company values
4 Basic Values of Any Company
10 Requirements for Company Values
How to Form Company Values: A Guide from Top Managers
3 Tips for Implementing Company Values
Typical mistakes when implementing a company's value system
How to Maintain a Company's Value System
How to effectively communicate company values
What is the difference between a company's values and its mission?
Successful examples of Russian companies' values
8 Signs It's Time to Rethink Your Company's Value System
Frequently Asked Questions About Company Values
5 Scenarios for Using Neural Networks to Increase Website Conversion by 40%
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What are company values?
The corporate values of a company are the theses on which any enterprise is based in the process of both internal and external communication.
Corporate values can be:
integrity;
authenticity;
honesty;
diversity;
innovation;
teamwork;
leadership;
stability;
originality;
productivity.
The internal values of the company influence the interaction process between managers, employees and the team. So, if the organization values independence and the ability to take responsibility, then managers will have to monitor the status of each task and check the work of each performer on a daily basis.
What are company values?
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Corporate values determine how a company will build its work with the outside world. That is, with clients, users, partners, and the state. If such interactions have uniform principles, then the work, services, and communication style will be the same regardless of the situation.
Thus, if a manager needs to go on vacation or change jobs, his regular clients will be transferred to a colleague. Since the company has uniform corporate values, there will be no difference in interaction for consumers, and no one will wait for the first manager to return from vacation to conclude a deal, nor will anyone follow him to a competing company.