In the article “Personal Values and Corporate Strategy” I learned how personal values can influence corporate decision making and what their overall strategy is. While reading the article the alignment of values stuck out to me the most. Understanding the importance of aligning personal values with corporate strategies as this will increase motivation and drive. Understanding the values that are mentioned in the article is very important as we can see how those influence our decision making and culture. Having different values can flourish into different things that could lead to ethical considerations. I have experienced this in a team dynamic as each member had different personal values. We had to create an item that we thought would fascinate our target market and had to market our product. The group consisted of 5 people and each of us had a different personal value. While having different values, we had to communicate better and figure ways out that would work for us to get our product done in time. It was nice to experience everyone having a different value as it challenged each one of us to explore things in different ways and learn along the way. I believe this made our group stronger and allowed us to have a good relationship that created a positive group environment. After reading this article, I see how important personal values are to a group environment as that can determine how decision making could be done. Overall this article taught me to have a values approach that can make sure we have long term sustainability and ethical practices within organizations.
https://hbr.org/1965/09/personal-values-and-corporate-strategy