Why do personal Values fuel everything?
As an introduction, here are a few answers:
- Decision-Making is simplified when values are clear and known. When decision-making is simplified, that creates efficiency…and efficiency means lower costs, higher gross margins, and higher profit.
- Trust can be built quickly. Deals are easier to do when the parties each knows the other’s ‘good values’. Trust promotes prompt and fair deals, so more opportunities are realized. Trust helps us build long-term relationships…an efficient and effective way to grow business.
- A group of people who share common ‘good values’ and work together toward shared goals have an opportunity to achieve excellence & accomplish great things.
3 examples to introduce why personal Values fuel everything
Decision-Making is simplified
“It is not hard to make decisions when you know what your values are.”
Roy Disney, Film Writer & Producer [nephew of Walt Disney]
“Values provide perspective in the best of times and the worst”
Charles Garfield, Business-Leadership Author
Building trust becomes easier & quicker
“Earnings can be pliable as putty when a charlatan heads the company reporting them.”
Warren Buffet, Investment Entrepreneur
"Trust is equal parts character and competence... You can look at any leadership failure, and it's always a failure of one or the other."
Stephen M. R. Covey, Author & CEO
Higher likelihood of accomplishing excellent things
“Authentic values are those by which a life can be lived, which can form a people that produce great deeds and thoughts.”
Alan Bloom, Philosopher
“Executives will have to invest more and more on issues such as culture, values, ethos and intangibles. Instead of being managers, they need to be cultivators and storytellers to capture minds.”
Leif Edvinsson, Intellectual Capital pioneer