At The Table with Patrick Lencioni
14. The Limits of Diversity - Creating a Real Company Culture
Nov 13, 2019
Exploring genuine core values in company culture, distinguishing core and aspirational values, balancing values with organizational decisions, importance of aligning values with hiring practices, and formalizing company values for organizational identity.
35:58
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Quick takeaways
- Core values shape organizational culture and guide decision-making.
- Accidental values can limit diversity and clarity in decision-making.
Deep dives
Understanding Core Values
Core values are crucial for organizations, being the fundamental beliefs that guide decision-making. They are not merely words on a wall but should reflect the true essence of a company. Core values should be enduring and consistently adhered to, shaping the culture and operations. Through examples like Southwest Airlines and Nordstrom, it's highlighted how living these values attracts the right employees and sustains success.
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