The Core Values Of A Company - 1022 Words

The core values of a company set the foundation of an organizational culture, which in turn provides employees with a sense of direction and an overarching guideline when it comes to decision making, workplace behavior and ethics. Given its unique function, it is not hard to see the importance of having strong and effective core values in place. However, by simply coming up with a written set of values is definitely not enough to achieve the desired effect; it also requires the effective communication and continuous cooperation of the management. For instance, if the management does not continuously emphasize and manifest these values in their words and through their actions or if there are inconsistency in the values that the management promotes and the decisions that it actually makes, then the employees could easily get confused amidst the conflicting culture. As a consequence, employees may become inefficient and unproductive as they would not know how to differentiate what shoul d and should not be done. There is no denying the fact that Apple has core values in place. In fact, these values were mentioned during various occasions by Tim Cook and were published in many business articles. Some of which could also be found in Apple’s official website. However, judging by the complaints of Apple’s employees, it appears that the current management has failed to effectively communicate, assert, and instill these core values into the minds of the employees. Furthermore, it canShow MoreRelatedWhat Would Make My Future Company?898 Words   |  4 Pagesto start up my own company someday. After I finish Managing People Organizations, I feel I know how to build my company from a more broadened perspective. It’s like that I used to look at the issue through a peep-hole and then this class suddenly broadens my view by looking through a three-store window. What would make my future company outstanding? The answer now is it will have LIFE: Leadership , Integrality, Fun and Efficient. LIFE not only is the written company core value, but also brings meaningRead MoreReflection Of Business Analysis1402 Words   |  6 PagesReflection is a great way to learn from past experiences. It is important to reflect and consciously think about how to do things better the next time. The Baldridge core values are an excellent baseline to use as a guide to understanding how effective the learning in the Business (BUS) 411 class. The BUS 411 class applied the Baldridge core values to learning in a fun and exciting method. However, reflection is needed to understand just how effective is the learning in the BUS 411 class. The Gibb’s ReflectiveRead MoreSummury of: Building Your Company`S Vision by James C. Collins and Jerry I. Porras716 Words   |  3 PagesSUMMURY OF: Building Your Company`s vision By James C. Collins and Jerry I. Porras Companies that enjoy enduring success have core values and a core purpose that remain fixed while their business strategies and practices endlessly adapt to a changing world. Examples include Hewlett-Packard, 3M, Johnson amp; Johnson, Proctor amp; Gamble, Merck, Sony, Motorola, and Nordstrom. Truly great companies understand the difference between what should never change and what shouldRead MoreBusiness Models1449 Words   |  6 Pagesthe strategic plan. In the plan, it will define the mission, vision, ad value statements. The strategic plan is designed to assist the organization with its strengths, weaknesses, opportunities, and threats. The SWOT analysis will help develop a strong strategic plan and map out the direction to follow to achieve an organizational vision and goal. The purpose of this paper is to cover the mission, vision and core value of De Von’s Printing. 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SLV Health updates the strategic plan annually; this is the best time for leadership to integrate the ideas of innovation and corporate entrepreneurship into its core values. Currently, the company’s core values are as follows: Read More Core Competency Essay1687 Words   |  7 PagesCore competencies are the most significant value creating skills within a company and key areas of expertise that are distinctive to a company and critical to the companys long-term growth. Core competencies are the pieces that a company is superior than its competitors in the critical, central areas of the company where the most value is added to its products. These areas of expertise may be in any area from product development to employee dedication. A compet ence which is central to businesssRead MoreOverview and Analysis of Zappos.com 1719 Words   |  7 PagesZAPPOS.COM 2009: Clothing, Customer Service, and Company Culture Business strategy and model: Zappos.com had a differentiation strategy with which they had differentiated themselves from the rest of the market. They had use a unique corporate culture in their company which was one of the major competitive edges of the company. According to the CEO of the company, Tony Hsieh, that everything that they had done at Zappos such as their relationships with 1,200 to 1,500 brands, policies and websiteRead MoreEthics Away From Home By Thomas Donaldson1507 Words   |  7 Pages In Thomas Donaldson’s Values in Tension: Ethics Away from Home he examines whether or not companies should alter their own moral standards and those of their home country when doing business in foreign countries whose own ethical standards contradict the company’s and those of the company’s home country. He also raises the question of whether or not it is an acceptable practice for a company to invest in a country where the people’s human and political rights are being violated. Early in his essayRead MoreThe Business Plan For Actavis Plc1413 Words   |  6 Pagesan international business, with generic and brand named pharmaceuticals. This pharmaceutical company is involved in the manufacturing, development, sale, distribution, and marketing of these products (Actavis, 2015). Actavis base operations is located in Dublin, Ireland. When creating a business and developing a strategic plan it is important to start with a solid base. The mission, vision, and values of the business forms this base that leads a business to make future business decisions for the