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Published January 30, 2020 at 12:00 PM

Patterns in Core Values of Manufacturing Companies (Infographic)

3 min read
3 min read

Key Takeaways

  • Core values are unique to each company; the right values are already evident in how your strongest people behave every day, so discover them rather than copying a list of examples.
  • Rhythm analyzed the stated core values of America's top-performing public manufacturers; of the top twenty, thirteen had clearly stated values on their websites.
  • The most successful manufacturers shared some core values in common, notably Innovation, Integrity, and Teamwork.
  • Each company also held unique values, like nurturing authenticity, accessibility and privacy, or being self-critical, and those unique values may be clues to what sets each company apart competitively.

Let me start by saying that Core Values are unique to each company - they are foundational to iStock_000057196602_Large.jpgyour company's culture and should describe how you do what you do. You should go through the process to discover your company's Core Values by identifying the underlying behaviors of team members who represent what's best and right about your company. The right values for your company are already evident in how your strongest people are interacting everyday; you don't need a list of examples to help you find them. However, I find patterns fascinating, and I was interested in what the patterns might be - What do successful manufacturing companies have in common when it comes to core values?

So, I researched Core Values for some of America's top-performing public manufacturers, as identified by Industryweek. Of the top twenty, thirteen had clearly stated values on their websites. I grouped together values that were related and analyzed the trends. Interestingly, the most successful companies had some Core Values in common, like Innovation, Integrity, and Teamwork. However, these companies also had values that were unique. For example, Coach cares about nurturing authenticity. Apple values accessibility and privacy. Microsoft cares about being "self-critical." Perhaps these unique values are clues to their competitive advantage, the thing about how they do what they do that sets them apart from everyone else.

The results of my trend analysis are in the infographic below:

Manufacturing Core Values

What are the enduring tenets that govern how everyone in your company behaves? Are you on trend for your industry, or do you have some special sauce that helps you stay ahead of the game?

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Photo Credit: iStock by Getty Images

Frequently Asked Questions

What core values do successful manufacturing companies have in common?

An analysis of America's top-performing public manufacturers found that the most successful companies shared some core values, most notably Innovation, Integrity, and Teamwork. Of the top twenty companies studied, thirteen had clearly stated values on their websites.

Should you copy another company's core values?

No. Core values are unique to each company and foundational to its culture; they should describe how you do what you do. The right values for your company are already evident in how your strongest people interact every day, so you don't need a list of examples to find them.

How do you discover your company's core values?

Go through a discovery process: identify the underlying behaviors of the team members who represent what's best and right about your company. Core values aren't invented in a conference room, they're recognized in the people who already live them.

Why do unique core values matter?

While top manufacturers share values like Innovation, Integrity, and Teamwork, each also holds values no one else has, such as nurturing authenticity or being self-critical. Those unique values may be clues to a company's competitive advantage, the thing about how they operate that sets them apart from everyone else.

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Jessica Wishart
Jessica is Senior Product Manager at Rhythm Systems. She has experience in Client Services and Rhythm software technical support. Her background is in Organizational Execution.
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