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Leadership, Personal, and Organizational Values/Objectives - Assessment

Leadership, Personal, and Organizational Values/Objectives - Assessment. Agenda. Exercise: Defining Values Exercise : Rank Ordering Value Checklists Other ways to get at values. Personal Value Mining: Exercise. Who in history do you admire who is now dead? Why?

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Leadership, Personal, and Organizational Values/Objectives - Assessment

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  1. Leadership, Personal, and Organizational Values/Objectives - Assessment

  2. Agenda • Exercise: Defining Values • Exercise: Rank Ordering • Value Checklists • Other ways to get at values

  3. Personal Value Mining: Exercise • Who in history do you admire who is now dead? • Why? • Who in your life do you know and admire? • Why? • Think of very positive events in your life • Why were these so great? • Think of very negative events in your life • Why were these so bad? • Think of tv shows/movies where you would love to be in the actor/actress’ shoes • Why?

  4. Defining Values • Rokeach (1973)(1) A value is an enduring belief that a specific mode of conduct or end-state of existence is personally or socially preferable to an opposite…mode of conduct.

  5. Why start w/ Values? • More general “cores” than alternatives • Can open you up to more possibilities

  6. Decision Values Checklist • Stakeholders • Positive and Negative consequences • Present and Future consequences • Tangible and Intangible consequences • Community

  7. Decision Values Checklist • Stakeholders (stockholders?) • Envision values from their perspective on your decision

  8. Decision Values Checklist • Positive and Negative consequences • Tend to overlook the negatives, so a good reality check • What is negative consequence of going global to LG?

  9. Decision Values Checklist • Present and Future consequences • Tend to overlook the long term, so a nice wakeup

  10. Decision Values Checklist • Tangible and Intangible consequences • How we or others feel about us afterwards? • Mercedes purchase?

  11. Decision Values Checklist • Community Values • Group membership • Part of an intelligently run community • Shared sense of identity

  12. People who embody their values… • Are more pleasant to be around • Feel more in control • Feel more like they are making contributions

  13. Using alternatives to uncover values • Rank ordering: • What alternative you like least/best? What about it? • The “What about it” piece is a value • Pros and Cons of alternatives: • For each: What is best feature? Worst? • The “features” are values • Best and Worst cases for outcomes: • What do you like? What do you not like? • The differences are values

  14. Subgoals • Bring goal distance into focus by breaking goals into smaller attainable pieces • EXAMPLES: income, knowledge, skills, social connections • Means or end? • Ask yourself: “Why do I want this?” • If you want it for where it gets you  means • If you want it for the sake of it itself  end

  15. Criteria for well structured values • Completeness • Relevancy • Non-redundancy • Testability/Measurability • Meaningfulness

  16. Completeness • Ensuring you’re considering all important values • Commonly overlook: • Consequences to others • Negative consequences • Long term consequences • The ways we and others think about ourselves

  17. Testing for completeness • Coin flip mental test: • After listing out values and possible alternatives • Would you let a “weighted” coin flip determine your decision? • If no, find other values to ADD • If yes, you’re good to proceed

  18. Relevance • Rule of thumb: 5-7 values required for completeness • If you’ve already got that many, use the relevance test to SUBTRACT values: • See if you can find a substantial difference between a group of your values and one other value • Use +/-/~ rankings to determine

  19. Testability/Measurability • Are your values objective enough? • For testability: • Safeguards against irrationality • Clarifies what you mean, “does income mean profit or revenue?” • Easier to get information from somewhere else • For Measurability ask yourself: “Can I assign units of measure to all of my values?” • E.g. – people, dollars, family time % • Quantify! Even the tricky stuff. <EXERCISE HERE>

  20. Meaningfulness • Do the numbers you came up with hold weight for you? • Could you be measuring things in a more meaningful way? • $/hour vs. $/month (COMPENSATION) • % time on the ice vs. number of attempted shots (GAME INVOLVEMENT) • # of expressions of emotional support/month vs. # acts of kindness per week (MATURE LOVE)

  21. Non-Redundancy • Make sure you aren’t representing a value more than once in your decision table • “Global” / “Boundarylessness” / “Diversity” • Construct a value tree • Stimulates creative thought  Completeness • Clarifies relationships among values  Non-redundancy

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