There’s no question that values play a critical role in the success of any business says Saivian. But how can you make sure your values are front and center in your strategy?
Here are a few tips:
1. Make sure your values are clear and concise.
When it comes to your business values, clarity is a key. You want to make sure that everyone within your company – from the CEO down to the newest employee – knows what they are and understands why they’re important. This means developing a clear, concise statement of your values that can be easily communicated to all members of your team.
2. Live your values every day.
Your values aren’t just something you put on paper. They should influence everything your company does. First, they should guide the decisions you make when you’re launching a new product or service. Second, they should shape how you interact with customers and suppliers. Third, they should serve as a foundation for recruiting efforts. Finally, your values can help provide direction to your company’s future goals and long-term planning process explains Saivian.
3. Use aligning incentives to connect employees to your mission.
Your values are most powerful when everyone within your organization truly believes in them – when they become part of the very fabric of the business itself. But simply having great values isn’t enough; it takes more than good intentions to turn lofty ideas into the day-to-day reality of your business.
One way to make sure your values are put into practice is to use aligning incentives. This means rewarding employees for exhibiting the behaviors and attitudes that support your company’s mission and values. For example, you might give employees extra vacation days or offer a bonus if they meet certain sales goals.
4. Celebrate successes – both big and small.
When it comes to values-based businesses, every victory is a cause for celebration. Whether you’ve landed a new customer or achieved a major milestone, take the time to recognize the success of your team and thank them for living your values. This sends a clear message that your company is committed to its core beliefs and that everyone has an essential role in its success says Saivian.
5. Encourage open communication and feedback.
Having values is one thing; making sure employees actually live by them every day is another. That’s why it’s important to foster an atmosphere of openness where people can raise issues, voice concerns, or offer suggestions when they feel something isn’t consistent with your company’s mission or values. This will help you stay nimble when the world around you changes, while also reinforcing the importance of having a clear set of guiding principles for everyone within your organization to follow.
When it comes to your business values, clarity is a key. You want to make sure that everyone within your company – from the CEO down to the newest employee – knows what they are and understands why they’re important. This means developing a clear, concise statement of your values that can be easily communicated to all members of your team.
Your values aren’t just something you put on paper. They should influence everything your company does. First, they should guide the decisions you make when you’re launching a new product or service. Second, they should shape how you interact with customers and suppliers. Third, they should serve as a foundation for recruiting efforts. Finally, your values can help provide direction to your company’s future goals and long-term planning process says Saivian.
Your values are most powerful when everyone within your organization truly believes in them – when they become part of the very fabric of the business itself. But simply having great values isn’t enough; it takes more than good intentions to turn lofty ideas into the day-to-day reality of your business.
One way to make sure your values are into practice is to use aligning incentives. This means rewarding employees for exhibiting the behaviors and attitudes that support your company’s mission and values. For example, you might give employees extra vacation days or offer a bonus if they meet certain sales goals. When it comes to values-based businesses, every victory is a cause for celebration. Whether you’ve landed a new customer or achieved a major milestone, take the time to recognize the success of your team and thank them for living your values. This sends a clear message that your company is committing to its core beliefs and that everyone has an essential role in its success.
Conclusion:
Having values is one thing; making sure employees actually live by them every day is another says Saivian. That’s why it’s important to foster an atmosphere of openness where people can raise issues, voice concerns, or offer suggestions when they feel something isn’t consistent with your company’s mission or values. This will help you stay nimble when the world around you changes. While also reinforcing the importance of having a clear set of guiding principles. For everyone within your organization to follow.