Corporate Value Statement
The most valuable ethical principles are honesty, integrity, dedication, loyalty, and perseverance. These virtues are the building blocks for creating successful business relationships that are viable and desirable to all parties. Essentially all business participants seek relationships that can have longevity and a positive intended impact on respective ventures. Hence, it is certainly important to be honest, illustrate and maintain integrity, prove absolute dedication, be loyal and preserve all actions to benefit business partners, clients, and stakeholders. Nevertheless, a corporate value statement is only as viable as those implementing it. Hence, all those virtues must exist on a personal and individual level to translate them at the corporate level.
The essence of corporate values is ever-evolving, yet the basics are constant. In the ever-changing global environment, the symbiotic relationship between ethics and values creates a never-ending dynamic association in which adaptation may be less viable than in any other business section. Hence Corporate moral values and ethics advance to fine-tune to ever-changing situations, yet the basics of a feasible and justifiable set of morals and values never change.
Clearly, corporate values should be straightforward to enhance the illustration of valuable corporate citizenship. Without clear and stated corporate values, business relationships may not evolve or advance to desirable levels of trust that may lead to greater effectiveness and efficiency.
Similarly, unintended positive and negative impacts that can arise from corporate values should not be a deterrence to change or adjust corporate values. It is important to initiate and maintain a constant state of moral and ethical values.
Ultimately, the basis of corporate values starts with the individuals and participants of the particular business. Similarly, a business’s moral and ethical values will start and end with those individuals in charge of its implementation. Yet independent from individual participants, corporate values are the factors that determine the viability of corporate citizenship and the overall contribution to the societal and economic well-being of individuals, businesses, and humanity.
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