Vision and Values
Organisational Culture and Values as a Source of Competitive Advantage
By (author) The CIPD
Vision and Values by The CIPD
Book DescriptionStrong vision and values were found to be crucial to the relationship between HR practice and organisational performance, particularly in terms of fostering a sense of shared purpose or 'the Big Idea'. Issues addressed in the briefing include: What is 'valued behaviour', why is it important, and how can organisations communicate what is required and what is inappropriate behaviour? - How can organisations identify and nurture the key values which reflect the basic assumptions about how the organisation works and how positive change might be fostered? - Why is strong culture with shared visions and values important, and how can it be developed? The research highlights the difficulty for organisations in managing all aspects of organisational culture since much of that culture exists as hidden value-assumptions. However, it also demonstrates how organisations can highlight key areas in which they can unite and create a shared vision and foster the values they want to drive their culture. The research concludes that organisations with strong shared cultures tend to enjoy better performance expressed in terms of higher organisational commitment, lower quit rates, higher customer satisfaction and improved profits.
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Book DetailsISBN: 9781843981107
(228mm x 210mm x 7mm)
Imprint: Chartered Institute of Personnel & Development
Publisher: Chartered Institute of Personnel & Development
Publish Date: 1-Oct-2004
Country of Publication: United Kingdom
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