Values Statement

What is a values statement and what separates a useful one from a list of clichés?

A values statement is a short, written set of principles that describe how an organization makes decisions, treats its people, and behaves under pressure. Good values statements are specific enough to resolve real tradeoffs, memorable enough for employees to recite, and observable in day-to-day behavior. Most published values statements fail because they list virtues like integrity, innovation, or excellence that every competitor claims, so the statement never shapes how work actually gets done.

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