RECRUITING AND RETENTION. JOB SEEKERS WILL APPLY FOR JOBS AT COMPANIES THAT SHARE THEIR VALUES. CORE VALUES CAN HELP distinguish a company’s identity in specific ways. A company becomes more competitive, both in the marketplace and as an employer when its clients and employees know what it stands for. Core values establish that. Core values are personal ethics or ideals that guide you when making decisions, building relationships and solving problems. Identifying the values that are meaningful to you can help you develop and achieve personal and professional goals. WHY ARE CORE VALUES IMPORTANT? • Core values are the guiding principles that define your identity and your choices. They help you determine which people, things, goals, and decisions align with your true self. At the deepest level, knowing your core values prevents you from betraying yourself in pursuit of temporary or futile distractions. Values give you a firm footing in your beliefs and a solid internal compass to gauge your decision-making IMPORTANCE OF CORE VALUE • Core values facilitate decision-making. A company will eliminate all subpar products if its core value is standing behind quality. Core values educate current and future clients and customers about the company’s identity. They form expectations for the outcome of future interactions. A set of constructive values helps a company gain a competitive edge. ICORE VALUES: THE ULTIMATE PURPOSE • Core values should create a healthy work environment that is conducive to attaining a common goal. They function as a unifying force. If employees do not share values, this can (and often does) damage not only productivity but also working relationships. Successful companies make sure their employees share the core values of the organization. Core Values: The Ultimate Purpose • Core values also influence behaviour. When a company defines and enforces specific values, employees are inspired to go above and beyond the call of duty. This makes employee criticism a question of upholding the values. When companies operate, hire, and exercise accountability, this shapes the work environment and allows them to maintain high performance even as leadership, employees, or circumstances change. EXAMPLES OF CORE VALUE Here’s axpansive list of values that companies consider important. • Integrity. Acting with strong ethics is a priority for everyone representing the organization as well as the company’s behavior as a whole. • Honesty. It’s not just the best policy. It’s a core business practice to act in a transparent, trustworthy manner that earns the respect of colleagues, customers, and the public. • Fairness. Treating everyone with the common decency we all deserve and expect. • Accountability. Accepting responsibility for your actions (and inactions) is the ultimate way to build trust internally and externally. • Promise to Customers. Creating a great customer experience begins with staying true to the words we speak and the bonds we make. EXAMPLES OF CORE VALUE • Diversity and Inclusion. Organizations succeed by bringing different lived experiences and a range of backgrounds into a shared environment where everyone has equal opportunity. • Learning. No one has all the answers. A culture of humility and continuous learning is a bedrock principle of successful companies. • Teamwork. When people work together, they can create something greater than themselves as individuals. • Passion. Having a joy not just for the work itself but also the people around us, so that everyone can be bold, innovative, and creative. • Quality. Companies are judged by the craftsmanship of their products and services, so the highest standards must be maintained.