Developing a Values-drive Organization
In good economic times, most businesses can maintain a sufficient profit margin. The businesses that are profitable in a poor or struggling economy, however, are those that have identified internal and external strategies for growth, sustainability, and longevity. Values-driven organizations have be...
Gespeichert in:
Veröffentlicht in: | World Trade 2009-04, Vol.22 (4), p.46 |
---|---|
1. Verfasser: | |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
Zusammenfassung: | In good economic times, most businesses can maintain a sufficient profit margin. The businesses that are profitable in a poor or struggling economy, however, are those that have identified internal and external strategies for growth, sustainability, and longevity. Values-driven organizations have been able to withstand the test of time, achieving success and maintaining resilience even when economic circumstances have made competitors throw in the towel. There are many reasons to implement a values-driven culture. Typically, values-driven organizations operate at a higher level of production, enjoy greater employee satisfaction, and have better employee retention. Efficient results tracking methods and a plan for achieving the desired key performance indicators gives leaders and team members the ability to effectively measure improvements. Values-driven organizations invariably realize increased cost savings, improved service levels, and sustainability for continued business growth and success. |
---|---|
ISSN: | 1949-9140 1949-9159 |