Core Values: The beginning and the defining thing!
I have seen companies
struggling define their values. They struggle because they do not know who
these values are for and who has to live these values. How having values helps, what is the cost of maintaining and managing values, what are the consequences of having values defined and not lived.Simply put values are created, recognized, and reflected in everyday life. They are not special effects! They are not oath, they are not passive artifacts. They remind us subtly when we ignore them.
We also find it hard to understand whether values are “what we do”, “What we believe we do”, “Are they personal values, work values, delivery values, client values, employee values, community values? Not sure how many values? Are they promises? Are they commitments? They are all but “Core Values” are very few and they reflect encompassing what all we do, everyday with everyone, for everyone.
We also find it hard to understand whether values are “what we do”, “What we believe we do”, “Are they personal values, work values, delivery values, client values, employee values, community values? Not sure how many values? Are they promises? Are they commitments? They are all but “Core Values” are very few and they reflect encompassing what all we do, everyday with everyone, for everyone.
If we look at McKinsey
values, they will sound perfect for any services organization that provides
services and consulting, blended in approach and delivery. Why struggle, add
them to your core values and see if you really do all that today as you have
written. Ask yourself, why you are not doing many things as you would like to.
You will find answers in
one of these factors below-
1. You do not consider environment much important in
what you do. Environment mean people you work with as team or coordinates, organization
and client.
2.
You consider ends as the
only thing that matters.
3. You believe others will take care of things
around what you do and there is no need to worry about, whether your actions
have met the meaningful and logical intent and purpose.
McKinsey values are
quite inspiring and need to be looked at when you are thinking of working on
your organization’s core values!
McKinsey.com/ http://www.mckinsey.com/about_us/our_values
"Our values
aren't quasi-religious virtues but rather a set of interlocking and mutually reinforcing choices."
Our Mission
To help our clients make
distinctive, lasting, and substantial improvements in their performance and to
build a great firm that attracts, develops, excites, and retains exceptional
people.
. Create an unrivaled
environment for exceptional people
. Be nonhierarchical and
inclusive.
. Sustain a caring
meritocracy.
. Develop one another
through apprenticeship and mentoring.
. Uphold the obligation
to dissent.
. Govern ourselves as a
"One Firm" partnership.
Though we share the same
core values and passion for our work, you will be hard pressed to find two people with the same story. Our knowledge professionals come from a
multitude of backgrounds and cultures. Our community includes accountants,
engineers, economists, scientists, musicians, and recent graduates from a full
range of disciplines. In addition to this rich diversity of professional
profiles, you’ll find yourself surrounded by opera singers and pianists,
marathon runners and mountain climbers, ballerinas and flamenco dancers, chefs
and sommeliers*!
*A sommelier
(/ˈsɒməljeɪ/ or /sʌməlˈjeɪ/; French pronunciation: [sɔməlje]), or wine
steward, is a trained and knowledgeable wine professional, normally working in
fine restaurants, who specializes in all aspects of wine service as well as
wine and food pairing.
We believe we will be
successful if our clients are successful.
Solving the hardest
problems requires the best people. We think that the best people will be drawn
to the opportunity to work on the hardest problems. We build our firm around that
belief. These two parts of our mission reinforce each other and make our firm
strong and enduring.
We are a values-driven
organization. For us this means to always:
Put the client’s
interest ahead of our own
This means we deliver
more value than expected. It doesn’t mean doing whatever the client asks.
Behave as professionals
Uphold absolute
integrity. Show respect to local custom and culture, as long as we don’t
compromise our integrity.
Keep our client
information confidential
We don’t reveal
sensitive information. We don’t promote our own good work. We focus on making
our clients successful.
Tell the truth as we see
it
We stay independent and
able to disagree, regardless of the popularity of our views or their effect on
our fees. We have the courage to invent and champion unconventional solutions
to problems. We do this to help build internal support, get to real issues, and
reach practical recommendations.
Deliver the best of our
firm to every client as cost effectively as we can
We expect our people to
spend clients’ and our firm’s resources as if their own resources were at
stake.
We operate as one firm.
We maintain consistently high standards for service and people so that we can
always bring the best team of minds from around the world—with the broadest
range of industry and functional experience—to bear on every engagement.
We come to better
answers in teams than as individuals. So we do not compete against each other.
Instead, we share a structured problem-solving approach, where all opinions and
options are considered, researched, and analyzed carefully before
recommendations are made.
We give each other
tireless support. We are fiercely dedicated to developing and coaching one
another and our clients. Ours is a firm of leaders who want the freedom to do
what they think is right.
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