Core value in business

                                                 Core Values

Core values are the fundamental beliefs of a person or organisation. These guiding principles dictate behaviour and can help people understand the difference between right and wrong. Core values also help companies to determine if they are on the right path and fulfilling their goals by creating an unwavering guide. There are many examples of core values in the world, depending upon the context.

The way a person acts and treats others is impacted by the individual's core values. Others often interpret a person's core values.Core values aren't always personal in nature. Many companies find it helpful to draft a values statement that highlights values the company seeks to follow and expects from its employees. Corporate values can impact business practices as well as the overall organisational culture. Some of the core values that I think is important for a company are:

Accountability eliminates the time and effort you spend on distracting activities and other unproductive behaviour. When you make people accountable for their actions, you're effectively teaching them to value their work. When done right, accountability can increase your team members' skills and confidence.

Customer focus is a strategy that puts customers at the centre of business decision-making. Customer-focused businesses make decisions based on how those decisions impact customers — as opposed to focusing on profits above all else. It's a long-term strategy that develops loyalty and builds trust.

 Transparency implies openness, communication, and accountability.” Another way of looking at transparency: not hiding anything. Whether things are good or bad, you openly and honestly convey information as you know it.

continuous improvement is designed to empower employees to solve problems that bugs them and gradually improve the efficiency of their work processes. Lean lets employees know that their ideas are important.

High-performing organisations encourage team members to ask questions and act upon their actions. This not only builds loyalty and accountability across an organisation, but it also inspires employees to be the best they can be.