Organisations are increasingly being measured not by the products or services they offer but by how they operate and the values which they abide by. To live up to the expectations set by consumers, staff and other stakeholders, organisations need a strong values based decision making culture.
The culture needs to be underpinned by clear values that all staff understand and can apply. There needs to be a robust values based decision making process which ensures decisions are made in a consistent manner with reference to a wide range of stakeholders.
Transcript for the Business Values and Ethics Video.
Many organisations create their values and adopt a decision-making framework but fail when it comes to the adoption and application of them on a day to day basis. We can help organisations to embed their values into decision-making. Research has shown that business games and simulations achieve greater positive behaviour change and greater learning than case study discussions. Through a business simulation game participants experience the difficulty of grappling with ethical issues in a business context by weighing up the need for more revenue versus the danger of purchasing from suppliers whose standards cannot be verified.
We can help you improve your business decision-making process and ensure decisions are made in a consistent manner that supports your organisation’s values.
All organisations need to balance their books to be sustainable, but this does not have to be at the expense of behaving in a responsible and ethical manner. Organisations run along ethical lines are more successful in the long term.
Read more about Ethics in business, the importance of values, or download one of our White Papers:
