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The Importance of Values in


                               Retaining Employees:


                        Creating a Culture of Alignment and Engagement


           BY MIKE HARBOUR


          In today's competitive job market,                  1. Recruitment: During the hiring
          retaining top talent is crucial for the success of any organiza�on.   process, evaluate candidates for values
                                                              alignment using tools like the "WHO
          Leaders o�en focus on various strategies to keep their employees   Scorecard" and "Interview Guides."
          engaged and mo�vated, such as offering compe��ve salaries,   Look for individuals who share the
          providing career development opportuni�es, or implemen�ng   organiza�on's values and demonstrate
          flexible work arrangements. However, one factor that leaders   them in their past experiences.
          some�mes overlook is the importance of values in employee   2. Performance Evalua�ons:
          reten�on.
                                                              Incorporate values-based assessments
                                                              into performance evalua�ons. Assess
          Values are the guiding principles and beliefs that shape an   how well employees exemplify the
          organiza�on's culture and behavior. They define what is important   organiza�on's values in their day-to-day
          to the company and serve as a compass for decision-making at all   work and recognize and reward those
          levels. When there is a strong alignment between an individual's   who consistently demonstrate
          values and those of the organiza�on, it creates a sense of purpose,   alignment.  Mike Harbour is the founder of
          sa�sfac�on, and belonging. On the other hand, when there is a   3. Mee�ngs: Begin mee�ngs by   Harbour Resources, a group of
          disconnect between personal and organiza�onal values, it can lead   discussing and reinforcing the   experts in developing your
          to conflict, disengagement, and ul�mately, employee a�ri�on.                         most critical asset…your
                                                              organiza�on's values. Use real-life   people and in turn helping
                                                              examples to illustrate how these values  organizations improve bottom
          The Values Mismatch Dilemma                         have been put into prac�ce and     line performance by
          Research has shown that a value mismatch is one of the top reasons   encourage employees to share their   delivering excellence in
          why employees leave their jobs. In fact, according to a study   own experiences of values in ac�on.  leadership and personal
          conducted by Deloi�e, 61% of employees who felt their   4. Coaching and Development:  growth programs.  Harbour
          organiza�on had a strong culture and valued their contribu�on   Provide coaching and development   Resources is an ACB Associate
          were "very unlikely" to leave their current posi�on. On the other   opportuni�es that help employees   Member.
          hand, 48% of employees who felt their organiza�on had a weak or   understand how their personal values align with the organiza�on's
          non-existent culture were "very likely" to leave.
                                                              values. This can be done through workshops, mentoring programs,
                                                              or individual coaching sessions.
          This highlights the cri�cal role that values play in employee
          reten�on. People want to work in an environment where their   By making values an integral part of everyday prac�ces, leaders
          values align with those of the organiza�on. They want to feel valued   create a culture where employees feel connected, engaged, and
          and respected for who they are, not just for the tasks they perform.   mo�vated to contribute their best.
          When employees experience a values mismatch, it erodes their
          sense of purpose and engagement, leading to decreased job   The Bo�om Line: Values Drive Reten�on
          sa�sfac�on and increased turnover rates.
                                                              In today's fast-paced and ever-changing business landscape,
                                                              retaining top talent is crucial for organiza�onal success. While
          The Role of Leaders in Clarifying and Living the Values  various strategies can contribute to employee reten�on, the
          As leaders, it is essen�al to define and clarify the values that   importance of values cannot be underes�mated. Leaders who
          underpin your organiza�on. This involves ar�cula�ng what the   invest �me and effort in clarifying their organiza�on's values, living
          organiza�on stands for, what it believes in, and what behaviors are   them, and integra�ng them into everyday prac�ces will create a
          expected from all employees. Clarifying values helps set   culture of alignment and engagement.
          expecta�ons and provides a framework for decision-making.
                                                              Remember the words of True� Cathy, founder of Chick-fil-A,
          However, it is not enough to simply define values; leaders must also   "Instead of us focusing on ge�ng bigger, let's focus on ge�ng
          live them. Values should not be mere words on a poster or a plaque   be�er." By fostering a values-driven culture, leaders can build
          hanging on the wall. They should be embodied in the ac�ons,   stronger connec�ons with their employees, enhance job
          behaviors, and decisions of leaders and employees alike. As Roy   sa�sfac�on, and ul�mately retain their top talent for the long term.
          Disney once said, "It's not hard to make decisions when you know
          what your values are." When leaders consistently demonstrate the   "How o�en are you hi�ng the target? On the values that you say
          organiza�on's values, it creates a culture where people feel inspired   are important." - Mike Harbour
          and mo�vated to stay.
                                                              "Our values should walk the halls, not just hang on the walls." -
          Integra�ng Values into Everyday Prac�ces            Mike Harbour
          To reinforce the importance of values and ensure their integra�on
          into the fabric of the organiza�on, leaders must weave them into   "People who are leaving an organiza�on, they're leaving because
          key processes and prac�ces. Here are some prac�cal ways to   they don't feel valued by their employer, they don't feel valued by
          accomplish this:
                                                              their leader. That's a values mismatch." - Mike Harbour



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