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Why Your Personal Core Values Matter

https://www.inc.com/kevin-daum/define-your-personal-core-values-5-steps.html

inc.com

Why Your Personal Core Values Matter
Most concede the power of core values in business. Jim Collins made a great case in Built to Last. But it's difficult to accurately create or accept core values for your company if your own personal core values are unclear.

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Your personal core values

... are there to guide behavior and choice. 

Get them right and you'll be swift and focused in your decision-making, with clear direction. 

Get them wrong or leave them ambiguous, and you'll constantly wonder how you got into this mess.

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5 Steps to Identify your values

  1. Think through and describe the following in detail: What have been your 3 greatest accomplishments and 3 greatest moments of efficiency and what are any common themes that you can identify?
  2. Think through and describe the following in detailWhat have been your 3 greatest failures and 3 greatest moments of inefficiency and the common themes that you can identify?
  3. Identify 3-4 brief sentences of advice you would give to yourself based upon these commonalities.
  4. Try and reduce them to a few words. 
  5. Test the value. Think of a situation where following your core value hurts you rather than helps you. 

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Why Personal Core Values Are Important

Why Personal Core Values Are Important

Values are a part of us. They highlight what we stand for. Values guide our behavior, providing us with a personal code of conduct.

When we honor our personal core values consistently,...

Personal Values and Behavior

Knowing your personal values changes your behavior.

For instance: When you value health, you don’t have to wrestle with managing impulse control as much. If you know a particular food or activity isn’t good for your body, you don’t want it.

Create meaningful core values

  1. Start with a beginner’s mind, someone with no preconceived notions of what is.
  2. Create your list of personal values. 
  3. Chunk your personal values into related groups. 
  4. Highlight the central theme of each value group. 
  5. Determine your top Personal Core Values. Whittle your list down to 5 - 10 core values and rank them in order of importance.
  6. Give your personal values richer context. Highlight values into memorable phrases or sentences.
  7. Test the ecology of each value. Review your list a day later: Are they personal to you? Do you see any values that feel inconsistent?

Becoming A Better Leader

  • Read the life stories of those with leadership qualities that you admire and think about how to apply their lessons to your life.
  • Analyze your key relationships

3 Areas Of Life To Develop Integrity

  1. Personal Life: refuse to say or do something that you don’t believe is right and refuse to tolerate or compromise in situations where you are unhappy with the behavior of another.
  2. Financial: Casualness toward money, yours or not, brings financial casualties. Fiercely guard your credit rating, pay your bills in time and keep your word on your financial commitments.
  3. Commitment To Others: Always keep your word, be trustworthy and honorable no matter the circumstances.

The Importance Of Business Ethics

The way to becoming a great leader is through your core values, business ethics and leadership qualities which precede you in both your business and personal life.

Your business ethics are manifested in your willingness to adhere and keep to your core values. Doing so will make your character stronger and in consequence, every other part of your life will improve as well.

Curiosity as a life value

It means getting to the bottom of everything that you do.

Not because you must. But because it’s fun to know things. Some things can’t be understood. But you can still ...

Responsibility as a life value

It means owning your actions, mistakes, and current life situation.

Understand what’s in your control, and fully own it. If you don't like something, you have the power to change it. What others do is not your concern, nor your responsibility.