Why competencies linked to values and company strategy is a winning formula
This paper is based on the principle that roles, responsibilities and accountabilities must be clearly defined and linked to behaviours if organisations are to perform in the global economy and, importantly, be linked to values.
Ramsey Hall often work with clients who have invested significant time and resource in defining their corporate values only to find that they have been placed in the draw marked, “job done”. The link between defining values and actual work practices is often missing when it comes to implementation.
At the same time the importance of linking values with corporate strategy and work behaviours is shown to be critical. Research shows that there is a strong link between all these variables and culture. The latter is a critical driver of how an organisation operates. This has been highlighted by recent corporate scandals and high-profile business failures.
This paper highlights the importance of having a clear set of values linked with behaviours for any organisation interested in high performance working. In turn these values and behaviours need to be aligned with corporate strategy.