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Our leadership team reinforced to all employees that our decision-making should be based on these values. By doing so, we are more likely to make right decisions. Do you agree with the leadership team? Why is sticking to the core values important to business success? Please discuss.
Expert Answer
Core values of the business not only define the business but also guide the decision making. Decision making in business comes across various dialemmas, conflicts, uncertainty. Under such instances, there is no reference to judge which is the right decision. Any wrong decision made under dialemma leads the business to failure in short term as well as long term. Hence core values act as safeguard for the decision making process by providing the guidance on what needs to be considered while making a decision and what is right for the organization. Hence your leadership team is right in their appraoch.
