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The Value of Corporate Values

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A Booz Allen Hamilton/Aspen Institute survey of corporate behavior finds that leading companies are crafting a purpose-driven identity. by  Reggie Van Lee ,  Lisa Fabish  and  Nancy McGaw Illustration by Red Nose Studio Corporate values are in vogue — but what does the fashion tell us about enduring corporate practice, as it is and as it could be? Increasingly, companies around the world have adopted formal statements of corporate values, and senior executives now routinely identify ethical behavior, honesty, integrity, and social concerns as top issues on their companies’ agendas. The meaning of this new emphasis on values, however, is less obvious than the trend itself. So to explore how deeply these values are embedded in organizations and to examine the role that values are playing, in 2004 Booz Allen Hamilton and the Aspen Institute, a nonprofit and nonpartisan forum focused on values-based leadership and public policy, conducted a global stu...
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Examples of Core Values

Core values are the fundamental beliefs of a person or organization. The core values are the guiding principles that dictate behavior and action. Core values can help people to know what is right from wrong; they can help companies to determine if they are on the right path and fulfilling their business goals; and they create an unwavering and unchanging guide. There are many different types of core values and many different examples of core values depending upon the context.  Core Values About Life Often, when you hear someone discuss why they fell in love with a spouse, they will mention that they have the same values. In this case, they are often talking about core values, or internal beliefs that dictate how life is to be lived.  Some examples of core values people might have about life include: A belief, or lack thereof, in God and/or an affiliation with a religious institution A belief in being a good steward of resources and in exercising frugality A b...
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