Wednesday 4 May 2011

 Delta Management Team - Shinoj

            I was reading HBR (Harvard Business Review, 1999) on Change. The second paper 'Building Your Company's Vision' by James C. Collins et al. writes about core values of an organisation. '.... core values that remain fixed while... strategies and practices endlessly adapt to a changing world'. 

           Interestingly the company I work with ,PSN (www.psnworld.com), has seven core values and our CEO Bob Keiller is very passionate about these core values. It is amazing to note that almost every employee in PSN is aware of the core values and its importance. Last month PSN merged with Woodgroup and new company , WoodGroupPSN, came to effect on 21st April, 2011. As Bob is the new CEO of WoodGrooupPSN, he has incorporated the core values into the new company. Also,, the logo of new company carries seven colour bands each representing the core values. It would be interesting to note how these core values are communicated to previous WoodGroup employees and how successful will the company be in doing that. 

" A small set of timeless guiding principles, core values require no external justification; they have intrinsic value and importance to those inside the organisation". (HBR, 1999,James C. Collins et al.)

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