Recently, the list of the companies with the happiest employees was spread on the Internet. Companies have been praised for their ability to promote a healthy work environment and maintain a work-life balance. Pfizer came out on top and Kaiser Permanente came in second, followed by Texas Instruments. Looking at these lists, one wonders how these companies manage to foster such a positive productive environment for their employees.
Many would think it is due to compensation packages or other related benefits. But then, is work just to make money? Is it the most important aspect when employees join a new company? What about other factors that play an important role in creating a strong bond between an employee and an organization?
- A bond that stems from a mutual appreciation and respect for the value system that both parties form together.
- Communication that depends on many different factors such as recognition, open communication and teamwork.
- A bond that strengthens over time when an employee performs well.
The importance of core values is illustrated by the famous author and inventor Edward de Bono’s quote: “Efficiency without values is a tool without an end.”
This analogy really hits home. A tool without a purpose is worthless, and so is a company without a university—a culture built on core principles.
What are the organization’s core values?
|:Core values serve to constantly guide both the employee and the company in achieving their mutual goals in an ethically and ideologically grounded manner. Every business is different and so are its core values. That being said, there are some principles that are the same for everyone, although they may be phrased differently.
Here are four core values that every organization should have:
What are the 4 core values of the organization?
The organization’s four core values are integrity and ethics, respect, innovation (not imitation), and drive.
1. Integrity and ethics
Simply put, the two principles of integrity and ethics translate to doing the right thing in an honest, fair and responsible manner. Building your entire business on a foundation of honesty and integrity goes a long way toward building strong, trusting relationships with your employees, stakeholders, and customers.
Honest behavior by everyone can create a strong, trustworthy reputation for a company in the market, which is beneficial to everyone’s interests.
Without dedicated employees, a company is nothing. Era.
Loyal employees form the backbone of the entire corporation. They work with the system to achieve growth and profitability.
A company has a responsibility to its employees, and if one of its core principles is to show the utmost respect to its employees, then management is likely to have a low employee turnover rate.
Respecting all employees means respecting their individual rights and privacy, and eliminating all types and forms of discrimination, regardless of religion, belief, race, ethnicity, nationality, gender or physical disability. Furthermore, providing a safe and healthy work environment for all employees is an important part of their respect.
Many organizations around the world adopt an attitude where the entire company interacts together like a close-knit family. Such an atmosphere helps to increase the confidence of employees and makes them feel like an important, even indispensable part of the organization. This inspires a sense of commitment and drive to do better.
3. Innovation (not imitation)
Companies that focus on getting ahead of their competitors and introducing new ideas to the market follow the principle of “innovation, not imitation”. This is very important if the company wants to be trendy and introduce new products that consumers appreciate.
Employees of such companies are encouraged to be dynamic and come up with innovative ideas that can turn into successful products for the company. Constantly imitating others will not get the business far.
The thirst for constant improvement can be achieved if one is never satisfied. Organizations that have this principle as one of their core values try to provide a dynamic platform for their employees where they can discover their creativity and skills and improve themselves further.
While it’s important to celebrate successes, it’s unacceptable for companies like this to simply sit back and be complacent. Some companies usually do well because they know that employees are their most valuable resource.
Nothing compares to an employee who is dedicated and willing to go the extra mile. This requires the company to develop an environment that promotes respect and face to face policy. If you want to achieve this type of work environment in your company, these four core values are a great place to start.
Do you want to work for a company with these four core values?
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This article was originally published on an earlier date.
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