business ethics

Values-based decision-making is a concept I use both in my executive coaching and in my life choices. As an executive coach working with clients, one of the first steps that I do is to help the client identify their values. Probably even more important than organizational values are the individual’s personal values. If there is a lack of congruence in the individual values and the organizational values, an individual’s employment becomes work. When an individual’s values are congruent with the organizational values, employment takes on a sense of calling and can be very fulfilling for the individual (and profitable for the organization).

Just as organizations need to identify their purpose and values in order to meet their marketplace needs and be competitive and successful, individuals also need to understand and identify their values. This clarification of values by the individual allows them to base their decisions on those values. It allows a framework from which to reference and a select options. Wisdom literature states that a house divided cannot stand. An individual who consistently makes decisions on shifty or inconsistent values often finds themselves in frustrating situations. Persons who have clearly identified their values are able to base their decisions with laser like focus on desired outcomes.

Values-based decision-making is a very holistic approach to life and leadership. John Maxwell once said that there is no such thing as “business ethics.” The point he is making is that we have one level of ethics or values that we use for all of our decisions. We cannot say that we have one set of values for the workplace, another set of values for our home, and another set of values for our Sunday morning, our Saturday afternoon place of worship. Just as a chain is only as strong as its weakest link, our values can be judged by the lowest common denominator. This discussion of one’s personal values may appear to have little to do with one’s workplace environment. However, it has everything to do with one’s happiness in the workplace, for this is the point of values congruence.

A person cannot consistently perform in a manner that is inconsistent with the way they see themselves. Eventually your values will find you. Time and truth go hand-in-hand. When was the last time you sat down, clearly identified your values, and possibly incorporated them into your purpose statement? It has been said that if you aim at nothing you would hit it every time. What targeted values do you have in your sights?

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8 Responses to “Values-Based Decision-Making”

  • Good ideas. Food for thought: what happens when the value structure of the leader is different from the team.

    • Dr. John McGinn:

      David,

      Great question – something I covered in my dissertation research (a quantitative correlational study examining the association between leadership styles and organizational cultures to determine their influence on church growth).

      Long answer made short – it depends! :-)

      Next time you pass through, perhaps we can have that cup of coffee and discuss this.

      Blessings,

      ~ John

  • John,
    I agree with all your great points here. Staying in integrity in every aspect of your life is key. I think it would become difficult to remember which way to act in situations if you used different values for each area.

    Val :)
    Val Wilcox´s last [type] ..Opening Doors Within

  • [...] via DrJohnMcGinn.com | Executive Coach | Leadership Consultant. [...]

  • Aloha John,

    Oh I just love John Maxwell, he is my favorite Leadership teacher and coach! And I loved that book “There’s No Such Thing As Business Ethics”! That’s why we all have such a difficult time when switching from being an employee to an entrepreneur because the entire value system is opposite of each other.

    It wasn’t easy, however, I switched in 1995 and never looked back. It’s been the most incredible journey and now it’s time to “pay it forward” all over the world!

    Thank you for asking and for your post,
    Kellie :)
    Kellie Hosaka´s last [type] ..Do You Ever Feel Stuck In Your Personal Growth

  • John,
    Values based decision making is excellent…assuming of course that the individual making the decisions has healthy values. LOL I have seen the impact this can have on both the corporate and the personal levels. Identifying and understanding values and then basing all decisions and actions around those values makes a huge difference.
    Krista
    Krista Abbott´s last [type] ..How To Define Success For “Your” Life

  • Thanks for perspective on values! I love your site and plan to send readers here when content applies. I have made defining values a routine part of my planning and productivity process so that when I get what I’m aiming for I get it without regret. Defining and committing to values before the work begins assures that the only short cuts allowed are procedural and not moral in nature.
    David Mount´s last [type] ..Ten Keys to Motivating People

    • Dr. John McGinn:

      David,

      Thank for your kind words.

      I was reading James Allen today: “Mind is the master-weaver, both of the inner garment of character and the outer garment of circumstances.”
      Sounds a lot like values to me.

      Thanks again,

      John

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