Values statement
What is values statement?
Ethics in business are more important than ever and the general public expects companies to make clear their core beliefs and ideals, which are thus reflected in their values statement. This is a concise accounting of the core principles that drive a company’s activity and act as a bedrock on which it is supposed to make all key decisions.
A values statement is a good opportunity for a company to not only highlight its ethical approach but also to emphasize to the public what makes it special and unique. If you publish such a statement it's crucial that it is something that your company and its employees adhere to on a consistent basis, so it's a good idea to make it a crucial component of your HRM system.