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Every organisation is defined by their DNA.
Contrary to popular belief, values-based organisations are not fluffy, but are fierce competitors – with the very values that create this competitive streak being a necessity, rather than an option, in today’s world.
A study by R Waterman, titled ‘Adhocracy: the power to change’, discovered that a business with clearly communicated values, both internally and externally, and with the mechanisms in place to enact upon them, outperformed the Dow Jones average by 350%.
Therefore, it’s essential that employees see the direct line of vision between their day-to-day activities and how this impacts upon the broader scope of the organisation; especially with Millennials entering the employment world that want more than money.
And this stems from the top. An inspirational, visionary leader transcends the values, and everything else falls in line. Similarly, with these values embedded in an organisation, said business is defined by more than its latest product or industry.
Accordingly, 10Eighty investigated to see if these values are same across cultures and industries, or whether they are dependent on certain factors.
Their findings, titled ‘Values & talent branding global insights paper’, can be found here.
