The Role of Organisational Values in Developing Organisational Strategies

Posted by John Puttick in Apr, 2024

Develop organisational strategies

Organisational values are the foundational beliefs and principles that guide the behavior, decision-making, and interactions within a company.
In enterprises, organisational values play a crucial role in shaping the company’s culture, driving decision-making, and influencing the strategic direction of the business.
Key components of organisational values include integrity, diversity, transparency, innovation, and respect. These elements provide a framework for employees to align their behavior and decisions with the company’s overarching mission and vision.
Key terms related to organisational values include integrity, which refers to the fundamental ethical and professional standards upheld by the company, and diversity, which encompasses the inclusion of different perspectives and backgrounds within the organisation.
Typically, leaders, managers, and human resource professionals are engaged in operating and implementing organisational values. They are responsible for communicating and reinforcing these values throughout the organization.
Organisational values align with other components within the sphere of influence, such as organizational culture, mission, and vision. When these elements are in harmony, they contribute to the development of coherent and effective organisational strategies.
Students can find more information about organisational values in books, academic journals, reputable websites, and through case studies of successful companies that exemplify strong organisational values in action.  Click to see Industry Professor John Puttick’s articles on organisational strategies.
Job roles such as HR managers, organizational development specialists, and corporate trainers are knowledgeable about organisational values and their impact on organizational strategies.
In sports, organisational values are akin to the team’s core principles and ethics that guide their behavior on and off the field. Similar to family, organisational values reflect the shared beliefs and standards that shape the family’s decisions and interactions. In schools, organisational values are comparable to the school’s mission and values that set the tone for the educational environment and guide the development of academic strategies.

(The first edition of this post was generated by AI to provide affordable education and insights to a learner-hungry world. The author has edited, endorsed, and published it, updating it with additional rich learning content.)

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