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Jan. 8, 2021

3. Truth #2: Your business already operates on a system of values

3. Truth #2:  Your business already operates on a system of values

This is part 2 of a 5-part series on what it means to lead thru values.

There are 4 types of values systems present in any organization:

Core values Your uncompromising performance standards for how you do business. 

  • We do what we say
  • We are always on time with our production orders; never late
  • We refuse to take shortcuts or compromise our quality

Aspirational values – What you aspire to be now, and in the future. 

  • We’re not afraid to take risks
  • We don’t just maintain, we multiply

Permission to play” values – The baseline expectations at your company. 

  • You are honest
  • You treat others respectfully
  • You are reliable – others can count on you 

Accidental values – values that develop accidentally and have a negative influence on personnel and strategy.

  • Taking a “one size fits all” approach for employee development
  • Stale mindsets such as “We’ve always done it that way,” and “We tried that before” are visibly present
  • Low accountability that allows people to cut corners or settle for ‘good enough’ attitudes

High-cost consequences of accidental values

  • Accidental values are the result of poor leadership styles or structure and lead to:
  • Incomplete and inconsistent communication; lack of transparency; 
  • Lack of unity; work is completed but frequently misses critical company objectives
  • Little or no collaboration; people working in isolation accentuates problems with communication
  • Apathetic attitudes
  • Suspicion & gossip run rampant
  • Struggle to attract new employees; weak candidate pipeline
  • Growth is stagnant
  • Low energy; no new ideas
  • Stress and hurriedness are the norm, not the exception

Confidence Covered by Humility is a podcast that explores what it takes to lead your business, your team and your home with humble confidence.