The Surprising Truth About How Often Companies Need To Discuss Their Values

  • 📰 Forbes
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

When companies discuss their values frequently enough, employee engagement is 88% higher.

Of course, in theory, a company can talk about its values daily and still be utterly hypocritical, incenting and encouraging behavior at odds with its stated principles. But those situations are rare.

One of the great benefits of talking about values frequently is that those discussions encourage employees to hold leaders and each other accountable to those values. For leaders, that can be both a blessing and a curse. It's incredibly painful to hear that we're in violation of our own stated principles. And yet, it's only by getting called out for that hypocrisy that we can course-correct.

Too many organizations throw together a values document without giving much thought to what happens if it fails to hold itself to those standards. Or what happens if leaders and employees start to question whether the company truly believes those principles. As you saw with the employee engagement numbers, the upside is tremendous when a company takes it principles seriously. And when the company embeds them even deeper into its daily operations, the benefits continue to accrue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Politicians should remember the values of their country prior to focusing on business.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CEO of all-electric truck company Rivian on his goals and recent setbacks: 'You don't start a car company immediately making money'Rivian, which won the race to deliver the first all-electric pickup truck, is launching its SUV amid major questions about whether it can deliver on its ambitious goals. He should hang in there, he has actually brought out a pretty compelling product These trucks run on coal.
Source: CBSNews - 🏆 87. / 68 Read more »