Revise Your Company Values with a Fresh Perspective

by | Nov 28, 2022 | Corporate Culture

Close-up of a hand placing a letter "S" at the end of the word "CORE" to form "CORES," with "VALUES" arranged on top, symbolizing corporate values. The background is a textured surface, and the logo for "Global Investment Strategies" is visible in the lower-right corner.

Great company culture inspires great values, vision, and mission statements. It defines the company’s purpose and objectives. The organization’s vision represents its aspiration, whereas values are how to handle work commitment. But these values should not be static. Instead, they must keep changing as per the company environment and work culture.

When you are switching to the new normal after the pandemic onset, it is also essential to refresh your values with today’s context. The company focus these days must be shifted to mental and physical health along with equity, diversity, and flexibility. In addition, your customers have found new priorities for their life, and they expect some support from companies. In this scenario, you should revise your company values with a fresh perspective to establish leadership.

How can companies revise values, mission, and vision?

The leadership team in the organization needs to own the values, vision, and mission of the process and organization. In addition, every person in the organization needs to play an essential role in shaping the corporate approach, culture, and activities. Therefore, these statements must be actualized and owned by the entire organization. Below are a few tips from experts at Global Investment Strategies to help you improve your company values, mission, and vision.

Ensure comprehensive engagement of the entire organization

Every person in the organization needs to know that you are taking a fresh take on values, vision, and mission. These changes must be made with the experience during the past two years. Make sure that the processes are public and formal. Moreover, they should reengage everyone with the principles and purposes of the organization. It is also vital to help new employees to connect with the organization, especially in remote or hybrid environments.

Careful and authentic listening

Senior leaders in the organization need to engage with the employees directly. Leaders can send videos to employees or use some online tools or survey systems to receive employee feedback and opinions. Senior leaders must work with diverse groups at all levels in the organization and craft the company’s purpose as per their authentic feedback. This approach may help you to develop a healthy and positive work culture with well-defined values, mission, and vision.

Humans have a habit of learning the best lessons from stories. Therefore, leaders need to guide their teams by creating real-life examples. It is crucial to ensure that every member understands company values, vision, and mission and demonstrates good behaviors to achieve them. These cultures must be recognized publically. This thoughtful approach can help you achieve long-term returns with a fresh and focused strategy.