Posts tagged ‘best practices’

Sadly, many organizations don’t realize the importance that values play in financial success.  Values are the building blocks for strong companies that want to retain customers as well as stay in business altogether.   One might get by for a few years by skirting the “values” issue, but it will come back to haunt you at some point; with client turnover, employee turnover, or both.

Company values should be identified and named before the mission is stated.   The mission statement addresses, “Why we exist.”   The vision of the company is built from the mission, and then goals and objectives as well as measurements come from the vision.

Here are 15 of the most often cited Corporate Core Values:

  1. Honesty
  2. Integrity
  3. Fairness
  4. Ethical
  5. Customer-Centered Service
  6. Learning Environment
  7. Innovative
  8. Efficiency
  9. Financially Sound/Secure
  10. Best Practices
  11. Fulfilling and rewarding employment
  12. Continuous Improvement
  13. Community Involvement
  14. Excellence
  15. Fun and Engaging culture

So…

  • Determine and name your core values
  • Develop your mission statement (Why you exist)
  • Determine your vision statement (What you want to be)
  • Set your goals and objectives
  • Utilize measurements for goals and objectives
  • Enjoy the fruits of your labor

Corporate Social Responsibility- CSR – is really about Corporate America self-regulating. Most industries have state and federal regulations with which to comply. There are also industry standards that must be kept in check.

But the socially responsible company has practices in place that go above and beyond what is required from a regulatory standpoint. Words such as “ethical” and “integrity” will be found in the mission statement as well as in the company’s vision statement of a socially responsible corporation. Continue reading ‘Corporate Social Responsibility- How Will You Be Rated?’ »

We see so much written on how to be a good leader.  Let’s look at the flip side of the equation and see what qualities make the top of the lists for winning the Worst Leader Award. Continue reading ‘Best Practices for Winning the Worst Leader Award’ »

Employees are a company’s greatest asset.  And this is not a cliché!  The best companies know this to be a tried and true philosophy.  How are the best companies planning now for the incremental turnaround in the economy?  Chances are that these companies never lost sight of their strongest asset…their employees.   Continue reading ‘Best Practices for Human Resources’ »