The values exercise is a 10 to 15 minute activity where participants choose words that resonate with them from a list of potential values. These words are then filtered and ranked to create a list of values that are important in their personal and professional life. The exercise serves as an internal scorecard that helps individuals make decisions aligned with their values, rather than being influenced by external factors such as status, money, or others' perceptions. It provides a way to evaluate how well their situations and decisions align with their values.

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