Key Takeaways
- Core values drive behavior, and great companies live and die by them, yet in many companies they become nothing more than posters on the wall.
- Start fine-tuning by listing the values and traits of the team members you would proudly present as ambassadors of your company, then cross-reference that list against your current core values and adjust for gaps.
- Also look at who you fired for character reasons: list their problem traits, convert each to a positive trait, for example "resistant to new ideas" becomes "curious and open-minded," and check whether those positives are missing from your values.
- Pare the list down, debate it with your leadership team, then observe the values "in the wild" for a few weeks; remove any value that does not fit your real workplace, even if it has been on the list for years.
- Finalize the updated list, announce it to the whole team with examples of the behaviors each value drives, hire and fire by your values, and review them at town halls so they become part of your company's DNA.
Great companies live and die by their core values because core values drive behavior. Unfortunately, many companies define their core values only to have them become nothing more than posters on the wall.
If you want to drive the right behaviors on your team, make sure that you have identified core values that represent the best elements of your company. Revisit and refine them from time to time, and ensure that they make sense for your real-life workplace.
Take these seven steps to fine-tune your core values and check if they are working for your team:
- Identify a couple of team members whom you would be proud to present as ambassadors of your company. What values and traits do they have that make you think, “Wow, these are really my best people!”? Make a list of these qualities, and cross-reference them with your current list of core values. Where is there overlap? Where are your core values lacking? Make adjustments so that your core values reflect the best traits of your A-Players.
- Next, think about who you have fired in the past couple of years due to character traits that were not aligned with the team. Who had the most difficulty getting along with others, and why? Make a list of these traits, and then convert them to positive traits. For example, “Resistant to new ideas” could become “Curious and open-minded”. As you make these conversions, revisit your current core values and note if any of these positive traits are missing from your list. Make adjustments as necessary.
- Pare down your core values. Consolidate similar ideas.
- At this point, it’s time to get some fresh eyes on your updated list. Share it with your leadership team and invite discussion and debate. Talk it through until you can agree on an improved set of core values.
- Next, take a few weeks to observe these values “in the wild”. Do they truly work for you, your team, and your company? Don’t be shy about trying them on like a pair of shoes.

Here are a few questions to ask yourself and your fellow leaders as you check for the right fit:
-
-
-
- Do we see behaviors from our greater team that align with our updated core values?
-
-
-
-
-
- When our team embodies these values, is their way of working more joyful?
-
-
-
-
-
- Do any of the values we identified look good on paper but not make sense in our actual workplace?
-
-
6. If any of the core values you identified end up not being the right fit for your team, remove them from the list. Do this even if the core value has been on your list for years.
7. Finalize your updated list of core values and set them in ink. Let your entire team know about the updates that were made. When you do this, include examples of behaviors that each core value drives. That way, your team can more clearly understand how to emulate your core values.
Don’t let your core values become posters on the wall that nobody pays attention to. Live and die by your core values–and hire and fire by them. Encourage your team to do the same. When you hold your town halls or all-hands meetings, start by reviewing your core values so that they become part of your DNA.
Watch desired behaviors multiply!
Want More Tips On How To Strengthen Your Core Values? Take A Look At These Articles:
Growing Team Accountability in Your Organization
How Rhythm Can Help Build Enduring Core Values
Core Values Implementation Plan: 8 Ways To Manage Using Your Core Values (Video)
Driving Executive Team Accountability and Strategic Execution with Our Innovative Software
Your Core Purpose - Why You Should Start With Asking Why?
Invest And Coach Your "A Players" For Stronger Business Results!
Frequently Asked Questions
How do you know if your core values are actually working?
Observe them in the wild for a few weeks. Ask whether you see behaviors from the greater team that align with the values, whether work is more joyful when the team embodies them, and whether any value looks good on paper but does not make sense in your actual workplace. If a value is not the right fit, remove it.
How do you identify the right core values for your company?
Start with your best people. Identify a couple of team members you would proudly present as ambassadors of your company and list the values and traits that make them your best. Then cross-reference that list with your current core values, note where the values overlap and where they are lacking, and adjust so they reflect the best traits of your A-Players.
What can past firings teach you about your core values?
Think about who you fired in the past couple of years for character traits that did not align with the team. List those traits, then convert each into a positive, for example "resistant to new ideas" becomes "curious and open-minded." Check whether any of those positive traits are missing from your current values and adjust as necessary.
Should you ever remove a long-standing core value?
Yes. If a core value you identified ends up not being the right fit for your team, remove it from the list, even if it has been there for years. Core values only work if they make sense for your real-life workplace and drive the behaviors you want.
How do you keep core values from becoming posters on the wall?
Live and die by them. Hire and fire by your core values and encourage your team to do the same. When you announce updates, include examples of the behaviors each value drives so people know how to emulate them, and start your town halls or all-hands meetings by reviewing the values so they become part of your DNA.
Patrick Thean
Patrick is an award-winning serial entrepreneur, a WSJ and USA Today bestselling author, CEO Coach, and Co-founder of Rhythm Systems.
Connect with me on LinkedIn.
