Values of organisation

Organisational values are a core facet that helps to distinguish the firm from others. The metric underpins the organisational policies, objectives, procedures and strategies by providing an anchor and reference point to the elements.

Values can transform the business from good to great.

Roleof leadership

• Excellence in organisational performance is achieved in the aftermath of conscious choices made by the leaders. The •leaders havea five- or ten-year vision for theorganisation and set believable plansto achievetheirvision. However, in this complex and ever-changingworld, anticipating the future can be very difficult.

• Leadership, Vision, missionand values

• Organizational leaders must create a compelling vision that will inspire and motivate their employees.A vision is an •ambitiousview of thefuture that everyone in the organisation can believe in, one that can realistically be achieved, yet offers a future that isbetter in important waysthan what nowexists. One of the most critical jobs of the leader is deciding thevision for the future and linkingthe future with strategic actions. Even though successful organisations depend on the active involvement of all employees, leaders are still ultimately responsible for establishing organisational direction through vision and strategy (Northouse, 2014).

•Seniorleaders mustdefine wheretheorganisation isheaded, what they want the organisation to be, the organization’s values (and other beliefs), and acceptable behaviours during the journey.Frequently the shortcoming is notthelackof values as many organisationshavebeautiful plaqueson the wall toutinga fairly routineset of values or beliefs.

Leader’scontribution

Leaders decide the direction for their organisations based onfacts, rational analysis, intuition, personal experience and imagination. Consequently, a leader’s contribution and impact can be measured bythe extent to whichthey are able to: articulate the vision, mission and strategies allocate the resources required for their implementation those who mustembrace and achieve the organizational goals rewards appropriate to those who contribute to achieving the vision