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Values Matter - Even for Super Bowl Champions

I was trying to figure out a way to work costly recall.Mr. Coleman slammed the
the Pittsburgh Steelers into a Weekly table and demanded, "What's the matter
Insight, particularly after our hometown with you people! Don't you know that
team earned the right to be called "World Coleman lanterns have to work?!"
Champions." I realize that not everyone To the company founder, the values were
who reads these Weekly Insights hails from clear. There was no room for negotiation
Western Pennsylvania (and some of you or discussion about a defective product.
might not care for the Steelers at all), Is there such clarity in your
but hang in there with me on this one. organization?Values do matter. Values
"Steelers mean business" was the title of drive decision making. Values drive
an Associated Press article on February 4, behavior. Values drive thinking. Yet how
2006. Dr. Joanne G. Dujansky, the founder much time do we spend thinking about our
of KEYGroup, a Pittsburgh business that Personal Values, our Business Values? How
counsels companies on creating a often do we assess whether the Business
successful corporate culture was quoted in Values we espouse, the ones printed on the
the article as follows: "The Steelers' wall, etc. are actually being lived out
winning tradition didn't start yesterday. day to day in the marketplace-during the
It started when Art Rooney purchased the good and bad times?Living out your values
franchise 73 years ago and set in motion a makes them meaningful. Consider these
strategy for success that embraced his words regarding values:"As officers and
vision and values."Note that Mr. Rooney's employees of _______...we are responsible
strategy included "values" as well as for conducting the business of the Company
"vision." This past week a student in my in accordance with all applicable laws and
marketing strategy class did some research in a moral and honest manner. _____
on jetBlue Airways. When she could not stands on the foundation of its Vision and
find their mission statement on the Values. Everything we do evolves from our
company website, she emailed the company vision and Values statements." The above
and asked if they would provide her with is a short extract from Enron's
jetBlue's mission statement. The company award-winning Code of Ethics. As events
responded that they did not have a mission have shown, Enron's Values were not
statement. Instead, they found success in meaningful at all; in fact, they were
the marketplace by living out their core meaningless. And their lack of meaning
values: safety, caring, integrity, fun and stemmed from the actions and attitudes of
passion.The key words here are "living their executives.And so the challenge
out." Values do matter.With that in mind, becomes one of understanding and
let's examine some of the principles committing to my own Personal Values and
outlined in the book Lasting Change: The to the Business Values of my organization.
Shared Values Process (TM) that Makes Here's an assignment for each of us to do
Companies Great (by Rob Lebow and William this week in response to this
L. Simon). The authors take the concept challenge.1. Write down your Personal
of values and define two Values. What do you stand for? Do these
components:- People Values - basic human values really guide your behavior?2. Write
issues that affect daily work performance down your organization's Business Values.
such as honesty, truthfulness, trust, What does your company stand for? Can you
risk-taking, and receptivity to new think of decisions made during the past
ideas- Business values - define how the month or so that were made because of your
organization and its people function; Business Values? Do you see your
these are the principles upon which company's Business Values reflected in
everyone in the organization operates; your personal actions within your
business values clarify who we are, what organization? How about in the lives of
we stand for, and why we do business the company employees?Values do matter-but
way we doFor an organization to function only if they are lived out. Values are
effectively, these two are always in more "caught" than "taught." Thus, our
balance.It's interesting that the authors children, our employees, our community
contend that although every company has a know our values, not by reading our Core
set of Business Values, most people, even Values document, but by watching us every
managers, aren't aware of them. Or even day. How are we doing?What do you think?
better, just ask several people what the Does this make sense to you? If you'd
Business Values are for your organization like to share your thoughts with me,
and get ready for a lot of different please do so at or visit Starcher is
answers. President of DayStar Consulting, Inc., a
In my tenure as President of Zion firm serving small business owners by
Industries, I learned that Business Values providing insights and ideas regarding
can't be taught. They must be "absorbed" marketing strategy and strategic planning.
by individuals in the organization as they Dr. Starcher has 30+ years of experience
see executives and managers making in both Fortune 500 and small,
decisions based on Business Values-and family-owned companies. His primary
explaining to the employees the "why" objective in counseling small-business
behind tough decisions ("We did this owners is to help them create a blend of
because our Values state...").There is a resources and capabilities that lead to
great story in this book about old man competitive advantage in the marketplace
Coleman, the founder of the company. and bring glory to God while doing
Although retired, he dropped in one day on so.Keith also is an associate professor in
a production meeting. He listened as the the business department at Geneva College,
executives in the room discussed a Beaver Falls, Pennsylvania where he
defective gas jet in one of the products studies and lectures in marketing strategy
that leaked under pressure. They had to and strategic planning at the
make a decision: should the company, famed undergraduate and graduate levelsDr.
for its impeccable quality, publicly admit Starcher spent several years with General
the defect and launch a product Electric and, prior to joining the
recall?Since only a few of the several full-time teaching staff at Geneva
hundred thousand units already on store College, he was President of Zion
shelves were thought to have the leaking Industries, an induction heat-treating
problem, the marketing person suggested firm with plants in Ohio, North Carolina
that they just wait until the bad ones and Michigan.
were found and sent back, thus avoiding a




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