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Corporate Integrity Management - Essay Example

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Organizations are enthusiastic about their vision, mission and purpose statements, more so if they are crafted carefully to represent the beliefs and the future endeavors of the organization. This counts as a major achievement for any organization. There is more to the existence…
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Corporate Integrity Management
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Download file to see previous pages No matter how good an organization’s vision statement, mission statement or purpose statement could be; it would still be missing on the most vital aspect of focus, if it does not have some basic core values that it upholds and cultivates. The core values of an organization are supposed to be timeless and unchanging, always guiding the operations of the organization during the best seasons and even the worst seasons of the organization.
Therefore, no matter whether the organization achieves its targeted performance, no matter if it makes the desired profits, no matter whether it meets the expectations of its stakeholders, one thing must remain constant for the organization; its core values. Thus, simply put, after removing the business the organization does and the money it generates, core values are the only things that must remain. There is a difference between an organization that pursues its vision and a visionary organization. The difference is in the alignment of the organizational core values (Collins, n.p.). While the organization pursuing its vision can do so without the backing of its core values, a truly visionary organization is led by its core values to pursue the aligned vision. Thus simply put, core values are the most important aspects and the fundamentals of any business successful business.
There are various core values I consider very vital, which a business, newly established or already running, should still hold onto, even if they are not rewarded. These are the core values I deem most important for an organization, such that, they should be pursued even when they become a competitive disadvantage for the organization:
Disclosure is the concept behind transparency and accountability. Accountability and transparency are some of the most important core values that drive a business towards success and steers it to the direction of achieving its missions and visions. Accountability and transparency refers to the extent of ...Download file to see next pagesRead More
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