Most companies have corporate values. Most companies get them wrong. In episode 4 of “On the Same Page,” Shel and Steve look at what works, what doesn’t, and why, with examples and tales from their own experiences.

Transcript:

Steve Crescenzo

Hey Shel.

Shel Holtz

Steve, how you doing?

Steve Crescenzo

Doing good, doing good. We’re doing this on a record I’m doing this on a Saturday, which is fun. well, I mean it’s it’s what else am I gonna do? It’s too early to drink, so what yeah, this is this is good time spent. but I’m really glad I’m excited about our topic. More importantly this this week. we decided to talk about values, corporate values. And I think there’s there’s two camps of people when it comes to values. There’s people that really believe they can drive the culture and affect how people feel at work and how they work and how they treat each other and

Shel Holtz

Yeah, is it?

Steve Crescenzo

All that good stuff. you know, and there are companies where that happens. I I’m not gonna say there’s none. Second camp is people who just think they’re completely worthless and they just are posters on a wall and nobody pays attention to them, nobody can name what they are. And I’m in the third camp. I think they do some damage at some a lot of companies for two reasons. Number one, they’re they’re too generic. You look at it, I could pull up any and it’s it’s integrity, respect, excellence, agility. Teamwork, putting people for you it’s all the same crap. So it’s so generic that everyone just agrees with them, and of course who’s not gonna agree with that? the second thing though is that if you don’t live your values, if it’s I I go into so many corporate communications departments at companies where one of the values is innovation, and their intranet looks like it’s from nineteen ninety five. they’re not innovative. they’re in a you know, so agility, no no. Transparency, absolutely not. Not so you gotta poster on a wall with this list of stupid words, and everybody sees what’s in front of them and says, That’s not us. That’s not us. So I think they actually might do more harm than good.

Shel Holtz

Well l let me read you some corporate values. these are from one company, these are their values integrity, respect, excellence, and teamwork.

Steve Crescenzo

For the swords I said. Who’s it?

Shel Holtz

Yeah. Yeah. You see anything wrong with those, other than the fact that they’re generic?

Steve Crescenzo

I I think that’s great. I’m glad they operate that way. That’s great. you making

Shel Holtz

Yeah, well that’s Enron. Yeah, it is. Liv they were literally Enron’s values. excellence and teamwork.

Steve Crescenzo

teamwork. That’s classic. Yeah, that’s that’s my experience too. I I’m I’m with that I’m with I’m with that example.

Shel Holtz

Well, we will talk about that. We will talk about your other issues too, because I think they’re spot on. But I do believe that when it’s done well and done right, they can really rock an organization.

Steve Crescenzo

Not gonna disagree with that, but let’s talk about it.

Shel Holtz

So before we jump into the values discussion, I did want to share one comment we got over on LinkedIn where I shared the last episode where we talked about employee voice. This is from Vincent Bruneau, who is commenting pretty regularly on our show and also on my other podcast for immediate release. and he’s always got he’s he’s he’s got great stuff. I I I want to know more about him. but he says in terms of employee voice, the most effective employee listening strategies don’t start with asking more questions. They start with demonstrating that previous feedback led to meaningful change. When people can see the connection between their input and organizational decisions, participation becomes much easier to sustain. Yeah.

Steve Crescenzo

Absolutely. That’s why that’s the point you made, is that we don’t have a survey fatigue. We have a nothing happens when we take a survey fatigue.

Shel Holtz

Yeah, the way I heard it at a conference was it’s it’s not survey fatigue, it’s bullshit fatigue. yak because if we if we survey you and then don’t tell you what the survey results were or how things are changing as a result of that, that’s bullshit.

Steve Crescenzo

Yeah, you know, Cindy does probably, you know, she’s she’s our measurement arm of Crescent Communications. She does, you know, fifty surveys a year. And her first question is, Why are you asking that question if you don’t if you if you it’s ac if you don’t have the power to change something? And they do it. They load the survey up with a j a wish list of things and they can’t change any of it. And they still ask and nothing happens and then they do it again the next year.

Shel Holtz

And nobody wants to take that survey. Right. Yeah. All right. So let’s jump into values. And I think a good place to start is what are corporate values supposed to be? And the way I see it, the way I’ve always heard that values are supposed to be presented to employees, is these are the underlying beliefs that drive decisions and behavior in the company. These are the things that we believe. And how do you get to that? I I I think, you know, first of all.

Steve Crescenzo

Right, exactly.

Shel Holtz

It has to be shared between the leaders and the employees. Nothing is going to turn employees off more than leadership coming to them and saying, hey, everybody, these are our values. And employees look at it and say, well, first of all, I don’t see those values reflected in decisions or behaviors. And second of all, they’re not my values. I worked for an organization once and I left them in 1993. They have changed owners a couple of times. I don’t think anybody is there. Who was there when I was there? So I’m going to go ahead and name them. It was Allergan, a pharmaceutical company. where yeah, they came up with the values and and I wasn’t involved. I was director of communications, but this was like the executive committee. And they came to me and said, we’ve decided these are the corporate values, go communicate these. And I looked at them and I I said, do we have employee buy-in on these? And they almost literally said, Employee buy-in, hey, this is my way or the highway. If they don’t like these, they can go work somewhere else.

Steve Crescenzo

I remember that. Yeah. my God. Shell, so we’ve done this kind of work with five or six companies over the years, mission, vision, and values. And you know, our we they they hired us to help them write these statements in these words. And our thing was we always said, we’re not gonna do it unless we can talk to employees first. We’re gonna do focus groups. So this company sent us to London, Paris, Singapore. We did focus groups globally to get to the mission, vision values, what people really believed, what was in their core, what brought them to work every day. You know, we did. Cindy led the focus groups and she’s good at that, and we got such great stuff. Then it came time to present it to the C suite. This was a big company. And here’s why everything ends up sucking so bad. It’s all written by committee. Like we we gave them three great examples pulled from their own employees that were unique. You couldn’t pull them out and give them to any other company. They were, they were good. And by the time we walked out of that half day session, they had been watered down. Because yeah, you had eight eight guys in there, eight guys and two women, and they all had their own ideas and they all just wanted to be safe. Well, safe. Yeah, they all always default to safety. Like, let’s just be safe. That’s why you get integrity. Who’s gonna argue with integrity? Transparency, who’s gonna argue with that? Well, by the time I d I don’t even know what they ended up with, but I know that they watered it way down from what we gave them. And our communications people loved it. Our clients loved us. We worked with them again and again and again. But when you’re up against that C suite in that that lemming like thing like to not take a chance to just be safe and you know and they wanna be kinda corporate and we gotta be serious and that’s where it all falls apart. It’s writing by committee. You wanna have values. I mean it just it’s really hard.

Shel Holtz

Yeah, and another place this falls apart is what you mentioned at the outset, which is that the behaviors don’t match the values. I’ll tell you, I was doing a focus group with employees of a technology company. It was in th...