Business Values - do they really exist?

Values are what drive all our behaviours and are our unconscious motivators and de-motivators. Understanding them more, therefore, helps us to explore changes that may need to take place in order for progress to be made towards our goals. What values aren’t – are things we decide or even choose to have ie they’re not conscious they’re unconscious.

The challenge is, whilst we might try, can we really translate personal values into business values?

I know many organisations have published values statements but I wonder can we really suggest the current values statements used by most organisations are the same or even similar to our personal and unconscious values? And therefore should we be even calling them such?

I’d suggest not – for a number of reasons:

When eliciting personal values we start with an individual’s behaviour to understand the value(s) driving that behaviour. Business values seem to work the other way round and simply become aspirational choices rather than something that reflects or explains current actions.
Personal values cover ALL our actions. Many business values seem to concentrate on the ‘softer’ aspirational values and forget about the ‘harder’ values that inform for example the strategic direction, profitability or pricing choices made.
Even if people have the same core value, what behaviours they judge to be acceptable or unacceptable will differ greatly. Why else, for example, are there numerous linkedin group discussions exploring what integrity or honesty mean. Business values statements are therefore useless without a statement of behaviour to identify what the values looks like for that organisation.
Because they’re our personal values it’s automatic for us to behave in ways that support them. Unless our values are aligned with an organisation’s it’s likely we may find taking on its values and associated behaviours difficult. If they’re in conflict with our own even more so. I certainly don’t see much evidence of values based alignment in interviews or restructuring when new or updated values statements are published.
Making any changes to our personal values and/or their hierarchy (ie their relationship to each other) is not easy. Yet organisations’ management teams seem to be able to find it easy to issue a values statement and assume it’ll work.