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Strong organizational values support your company’s vision, shape its culture, and communicate its goals and aspirations. It is surprising how many organizations have dedicated significant time and energy to developing and solidifying company values but then fail to integrate them into the employee work culture.
Organizational values support the mission of your company and help shape its culture. As an expression of the principles you believe in, they act as a North Star that guides your business decisions. Unfortunately, only 42% of employees know their company's values.
The answer to when to let an employee go becomes clear when that staff member has committed something egregious — in the lying, cheating, stealing vein. But how do you know when to fire an honest worker who just can’t engage with the company values?
Organizational values have a tendency to lean toward the abstract, or even the touchy-feely — “Integrity,” “Be Good,” or other buzzwords and phrases. These can easily veer into the meaningless if they aren’t tied to something concrete. And there’s evidence showing that making more concrete values and aligning them with your company goals will help your employees be more productive toward achieving these goals.