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Value-based governance and leadership is the newest breakthrough these days.
The underlying belief that the values of the staff and stakeholders match the values of the company and therefore, it is the best test for the cultural fit and the drive behind excellent performance within organizations.
Values-based has gotten to be practiced in extreme. CEOs telling human resources to pick certain types of people who are more compassionate but do not have the skills set for the job means that cultural fit trumps other considerations when hiring.
Cultural fit although very important in the success of the employee and the company together cannot be the end-all and be-all of effective hiring, retention, and training process. The competencies for the job is critical for that person to succeed or feel fulfilled. Certain types of employment and occupations call for a balanced combination of skills, competencies, and values appropriate. Those social types without the structure of the job will not be capable as the fish in the aquarium.
But values are intangible? How to govern through value-based leadership? Values are demonstrated through beliefs, beliefs are manifested through attitudes, and attitudes form part of overall behavior. We can influence the values of a person to a certain extent, but it is mostly an individual choice and a product of their context. We cannot shove it on their lungs to become a worker that values integrity, compassion, and excellence if they don’t have it in their DNAs. The right ‘fit’ as they say.
Training and development programs in companies do not tackle the belief systems of individual workers and their teams but are typically looking for short-term remediation in performance, addressing behavioral issues that arise, and keeping it topical and on-point as part of the Return on Investment on Performance.
The following questions should be asked when you are working on value-based governance/management?
1. How does your value-based leadership impact behaviors that are helpful for the organization?
2. How does your value-based leadership measure behavioral performance that are good and not good for the organization?
3. How does your value-based leadership reward great performance over bad performance?
The starting point is to check on behaviors that manifest those traits that demonstrate great performance over mediocre ones because the latter are latent and can be observed with the naked eye. The best training and development programs are those that address behavioral problems with adequate, effective, and compelling rewards and non-rewards systems that align with company culture and ethos.
Only when great behaviors are consistently reinforced and aligned, then beliefs and values will align to behaviors.
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