Presented by :- Shubham Agarwal MBA(BF) – 1st SEM.Faculty of management studies - Gurukul Kangri Vishwavidyalaya

“Your beliefs become your thoughts,

Your thoughts become your words,

Your words become your actions,

Your actions become your habits,

Your habits become your values,

Your values become your destiny.”

― Mohandas K. Gandhi

WHAT DO YOU MEAN BY VALUES ?

Values represent basic convictions that-

A specific mode of conduct or end-state of existence is personally or socially preferable to an opposite or converse mode of conduct or end-state of existence.

Value is a judgmental element of what is right, good, or desirable.

A Belief.A Mission.

A Philosophy.That is meaningful.

DEFINITION OF VALUES FOR COMPANY-

A value is a belief, a mission, or a philosophy that is really meaningful to the company. An example of a business value is: "Customer Satisfaction." Another example of a value is "Being Ethical and Truthful."

VALUES AND GOALS STATEMENT

Businesses and other organizations develop strategic plans in which they list out their goals and values.

E.g., one company indicated, "Provide growth opportunities for our employees. Create economic value for our customers and shareholders. Return value to the communities we serve."

Cont… Values are the most powerful way to

release and harness the company's latent, unutilized energies for growth.

VALUES ATTRIBUTES

Values have both content and intensity attributes.

The content attribute says that a mode of conduct is important.

The intensity attribute specifies how important it is.

TYPES OF VALUES

Terminal Values

VALUES

Instrumental Values

Preferable ways of behaving

Goals that individuals would like to achieve during their lifetime

IMPORTANCE OF VALUES

1Values lay the foundation for the understanding of attitudes and motivation because they influence our perceptions.

2Individuals enter organizations with notions of what is right and wrong with which they interpret behaviors or outcomes.

3

Values generally influence attitudes and behavior.

Some Most Important Values to Live By

BELIEF FORGIVENESS

HONESTY

PATIENCE

TOLERANCE DEDICATION

RESPECT

COMPASSION

THANK YOU…