Definition of values in organizational behavior
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Organizational Behavior : Values
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- Albert Einstein
When you think about Gandhi, Martin Luther King, or even Steve Jobs, they were all successful because of their ideas and values. People didn't follow them, believe in what they said, or even work for them because they were successful. Instead, people followed them because they believed in the same values.
A value is one of the most important things a person believes and stands for. It's something essential that defines that person. Without their values, people wouldn't be the same.
In this explanation, we will have a closer look at values from a personal point of view and in the workplace. Keep on reading to learn more about them.
Values Definition
To better understand what values are, we need to define them first.
A person's values are their code of conduct, behavior, beliefs, and principles they live by.
It's important not to mistake someone's values for their beliefs. A value is more than something people care about. A value is a guiding prin
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Organizational Values: Definition Importance and Examples
Without organizational values, even the most resource-rich, “future-ready” organization increases its chances of facing potential drawbacks down the line.
Despite the benefits of digital transformation and the adoption of emerging tech solutions in accelerating business-critical processes, organizations that lack a guiding principle to direct their actions and decisions are like a fartyg sailing without a compass — unable to navigate effectively towards its desired destination.
According to Deloitte, 94% of executives and 88% of employees believe a distinct workplace culture is important to business success.
“No company, small or large, can win over the long run without energized employees who believe in the uppdrag and understand how to achieve it.” — former General Electric CEO Jack Welch.
A company’s organizational values set a clear direction and guide every business decision, strategy, and action.
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