Episode 3

3. Truth #2: Your business already operates on a system of values

This is part 2 of a 5-part series on what it means to lead thru values.

There are 4 types of values systems present in any organization:

Core values Your uncompromising performance standards for how you do business. 

  • We do what we say
  • We are always on time with our production orders; never late
  • We refuse to take shortcuts or compromise our quality

Aspirational values – What you aspire to be now, and in the future. 

  • We’re not afraid to take risks
  • We don’t just maintain, we multiply

Permission to play” values – The baseline expectations at your company. 

  • You are honest
  • You treat others respectfully
  • You are reliable – others can count on you 

Accidental values – values that develop accidentally and have a negative influence on personnel and strategy.

  • Taking a “one size fits all” approach for employee development
  • Stale mindsets such as “We’ve always done it that way,” and “We tried that before” are visibly present
  • Low accountability that allows people to cut corners or settle for ‘good enough’ attitudes

High-cost consequences of accidental values

  • Accidental values are the result of poor leadership styles or structure and lead to:
  • Incomplete and inconsistent communication; lack of transparency; 
  • Lack of unity; work is completed but frequently misses critical company objectives
  • Little or no collaboration; people working in isolation accentuates problems with communication
  • Apathetic attitudes
  • Suspicion & gossip run rampant
  • Struggle to attract new employees; weak candidate pipeline
  • Growth is stagnant
  • Low energy; no new ideas
  • Stress and hurriedness are the norm, not the exception

About the Podcast

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Lead Thru Values
A leadership podcast that discusses the connection between company culture and workplace performance.

About your host

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James Mayhew

James Mayhew is an expert on organizational culture and values-based leadership. He is the former chief culture officer for one of the fastest growing small business in the country leading them to also becoming one of the most attractive workplaces in the Midwest.
 
James partners with business leaders to build world-class workplaces through his Purpose Driven Teams framework which seamlessly integrates strategic direction, execution disciplines and organizational culture, helping company leaders have assurance they have excellent people doing exceptional work on the most important things.