What are the guiding principles of your company?

compassEvery business has guiding principles by which the company does business, but some are set consciously and others are not. When you own your own company, you have the opportunity to play large in the world, by navigating with your own moral compass. If you’re starting a company, or already running one, you might want to think through the following questions.

1. What values are most important to you in your life? 

2. In what ways can your company reflect those values to the world?

3. What role do you want to play in your immediate community?

4. What do you hope vendors say about how you run your company?

5. What do you want clients to think about the way you do business?

6. What do you hope makes employees most proud of the company?

7. What do you want employees to feel about the way they’re treated?

8. What is your company’s responsibility to you?

9. What are the values you want to adhere to, even in times of stress, or even if it costs you money?

10. At your funeral, what do you hope people will say about how you ran your business?

I can’t give you the answers to these questions. It’s your company and it will be based on your values, whether you do so intentionally or not. But keep in mind, there are no wrong answers here. When you launch a company, you’re creating something of value where nothing existed before. The values of your company are such one more way you make your mark on the world.

 

 

Your Company Compass: Guiding Principles

 

 

Every business has guiding principles by which the company does business, but some are set consciously and others are not. When you own your own company, you have the opportunity to play large in the world, by navigating with your own moral compass. If you’re starting a company, or already running one, you might want to think through the following questions.

 

Checklist for establishing the principles by which you run your company:

 

 

  1. What values are most important to you in your life?
  2. In what ways can your company reflect those values to the world?
  3. What role do you want to play in your immediate community?
  4. What do you hope vendors say about how you run your company?
  5. What do you want clients to think about the way you do business?
  6. What do you hope makes employees most proud of the company?
  7. What do you want employees to feel about the way they’re treated?
  8. What is your company’s responsibility to you?
  9. What are the values you want to adhere to, even in times of stress, or even if it costs you money?
  10. At your funeral, what do you hope people will say about how you ran your business?

 

 

 

 

 

 

 

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