Summary

In this conversation, David Brown and Jamie discuss the significance of values in business, emphasizing that the core of any organization should be its values rather than just its products or services. They explore how shared values among team members can energize the workplace, guide decision-making, and shape the company's identity. The discussion also covers the importance of hiring individuals who align with these values and how to create a culture that reflects them authentically. Through personal anecdotes and insights, they illustrate the transformative power of values in building a successful and meaningful organisation.

Takeaways

• The most important aspect of a business is the shared values of the team.
• Values should come before mission and strategy in a company.
• Authenticity in business stems from aligning actions with core values.
• Hiring should focus on cultural fit and alignment with values.
• Values can energise a team and guide decision-making processes.
• It's essential to define and codify values that resonate with the team.
• Feedback becomes clearer when values are well-defined.
• Saying no to misaligned opportunities can lead to more powerful yeses.
• Values should be genuinely reflective of the team, not just the founder's vision.
• Intentionality in defining values can lead to a more authentic business strategy.

00:00 Introduction to Values in Business

02:49 The Importance of Team Values

05:58 Identifying Authentic Values

09:07 Hiring for Cultural Fit

12:12 Building a Values-Driven Organization

15:11 Aligning Activities with Values

18:14 The Process of Defining Values

20:46 Making Decisions Based on Values

23:59 The Role of Values in Business Strategy

26:54 Conclusion: Living Your Values

Jamie's 'Paperclips' article:

https://www.linkedin.com/posts/jamiedundas_teamswin-activity-7297207121744416768-wsfn?utm_source=share&utm_medium=member_desktop&rcm=ACoAAATdDpABYdW1FdrdDz5-BF-1gTOfIsRj07Q