org values and impact on strategy original

8/12/2019 Org Values and Impact on Strategy Original

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Organizational Values and

Impact on strategy


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What is a value? Qualities, characteristics, or ideas about

which we feel strongly.Our values affect our decisions, goals andbehavior.

A belief or feeling that someone orsomething is worthwhile.

Values define what is of worth, what isbeneficial, and what is harmful Values are standards to guide your action,

judgments, and attitudes.


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WHAT ARE VALUES?

Values are the ideals That give meaning to our livesthat are reflected through the

priorities we choose & That we act on consistently &

repeatedly


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Values

According to SCANS reportResponsibilitySelf esteemSociabilityIntegrityHonesty


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Importance of Value

Provide understanding of the attitudes,motivation, and behaviors

Influence our perception of the worldaround us.

Represent right and wrong.

Imply that some behaviors or outcomesare preferred over others.


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You have been given Rs 50000to do whatever you like with it.

What would you do with it?

Share with the class what you woulddo with it.


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Conclusion:

What you spend the money on has

everything to do with what you value


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What things did you do during the past week.

What you choose to do with your time also haseverything to do with what you values.


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Hypocrite One who subscribes to oneset of values, and does another.

Immaturity - One who has not identifiedhis values.

Immaturity:Unclear values

FlightyUncertain

Apatheti c

MaturityClear values

Life of purposeMeaning anddirection


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Direction: Values Goals Behavior Self-value

Values give direction and consistency tobehavior.

Values help you know what to and not tomake time for.

Values establish a relationship between youand the world.

Values set the direction for ones life.


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Where do we get values?

our homes, school, society,

friends, TV,music,

books, families,Religious places

culture, employers, time-period in which

you were raised


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Your age will greatly influence your values.

Ages 1-7 --- parents Ages 8-13 --- heroes (sports, TV)

Ages 14-20 --- peers (values because ofpeers )

Ages 21+ your values are established, butyou may test your values from time totime.


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Values and Behaviors:

Happiness comes from letting valuesdecide your behavior and goals.

Values can change over a life-time as

your experiences change your view.


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Types of Values:

MoralMaterial

Aesthetic IntrinsicExtrinsic

Universal Group specific values


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Core value listCore values are the building blocks oforganizational culture.core values can be an excellent vehicle

for improving organizational culture.Core values provide a common language

to address unacceptable behaviors in aless threatening way.


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Core values guide decisions and

emphasize what is important to thebusinessCore values influence businessperformance.If core values have not yet been

established, make it step-by-stepprocess


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Organizational values Accountability

--of individuals, departments and results,problemsCommunications--up, down, with customers and vendors, interms of openness, frankness, clarity,frequency, accuracyCooperation (Teamwork)--among individuals, departments, divisions,

branches


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Coordination-Between departments in terms of plans,activities, and systemsDiscipline

-company policy, rules, systems,procedures, schedules, standards, ethicsFreedom for Initiative of Employees--to make suggestions, develop plans,make decisions, carry out or modify

actions


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Integration

-In terms of plans, decisions, andprioritiesStandardization--in terms of forms, files, procedures,reports, performance evaluations


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Physical Values Accuracy The precision, exactness of work.Cleanliness-- production and warehouse facilities, equipment,customer service areas, raw materialMaximum Utilization of ResourcesProper utilization of its current resources (i.e.

as time, money, equipment, materials, space, peopleOrderliness--in offices, drawers, file cabinets, shelves,

paperwork, files, priority of work


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Punctuality and Timeliness--in arriving on time to work, from breaks,from lunch, to meetings, in replying to lettersand phone calls

Quality of Products and Services--in terms of presentation, choice, value,speed, timeliness, suitability, life span

RegularityR eports, sales calls, performance reviews


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Psychological ValuesCreativity

--in terms of new products, new ideas, newproduction methods, new applications oftechnology new marketing strategies

Customer Delight The positive emotional response and joy that thecustomer feels from interaction

Decisiveness--in solving problems, planning, executing plans,in terms of speed and commitment to decisions


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Develop People The desire and ability of the company to improve

the lot of its employees, including, ultimately,their personal growth.Harmony

The overall atmosphere and interaction betweenpeople, departments, divisions, systems, activities,rules, and policies

Innovation The desire and ability of the company to ventureinto new, breakthrough areas of opportunity


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IntegrityKeeping to one's word, promises, agreements, being

truthful with employees, customers, vendors,government, etc.Loyalty--to and from suppliers, customers, and employeesResourcefulness

The ability to deal resourcefully, i.e. creatively,imaginatively, self-reliably with unusualproblems, difficult situationsRespect for the Individual people's health, safety,self-esteem, feelings, and opinions


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TATA Steel:The Tata Group has always sought to be a value-driven

organization. These values continue to direct the Grou growth and businesses.Integrity UnderstandingExcellenceUnityResponsibility


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Maruti Udyog:

We believe our core values drive us in every endeavor:

Customer obsession;fast,flexible and first mover;innovation & creativity;networking & partnership;openness & learning.


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If you stand fornothing

You fall for anything


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Thank you

org values and impact on strategy original

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