Essay - The Content of Participation the Values of a Company are...

The Content of Participation

The values of a comp*****ny are the basis upon which all other business strategies are built. It is also the ***** both ***** long-term and short-term goals as the company moves through its growing process. The values of a company can in this way be seen to entail its ethics in terms of sound business practice, but also its specific focus in ***** of products, services, and customer relations. Values, strategic focus and delivery of quality are therefore three highly integrated paradigms that have to run parallel in order to optimize a *****'s business dealings, profit and ultimate survival.

***** its values in mind, it is important for a company ***** define its strategic focus. This to a great degree would depend on the types of products or services that are delivered. None*****less, it is a given th*****t business is primarily conducted w*****h the importance of ***** in *****, and hence the ***** focus ***** any ***** would be aimed towards *****cre*****ing the profit margin. According to Sullivan, it ***** ***** important to recognize that the strategic focus is implemented by top management, whose primary concern is the above-mentioned profit margin.

***** is fur*****rmore ***** to ***** that the word "strategic" as found in the bus*****ess world, is applicable to any focus aimed at reaching the ***** goals ***** objectives of a comp*****ny (*****). Strong basic values are thus an import*****t component of th*****. Examples include ***** improvement of ***** service, ********** reduction of costs, increasing market sh*****s and improving employee productivity. All these strategies need ***** be based upon the values that a comp*****ny creates to base its products or services *****. Strategic focus is thus focused to the external world within ***** ***** company functions. ***** on the o*****r hand are ***** inwards, to the ***** in which the ***** can ********** practice its business. As mentioned above, strategic focus needs to be *****d upon ***** values in order to be successful.

Behavioral connections serve to connect the *****ternally focused values with ***** externally aimed strategic focus. Internally, values need to be clearly defined and impressed upon every employee. Th***** can ***** done in any number of ways, *****cluding educational meetings, formal ***** strategies, and pamphlets and documents that each employee can access. Each employee then needs to display behavior that promotes the values of the company. This serves as motivation and general internal unity in order to optimize for example worker productivity.

On ***** other *****, to improve external ***** such as customer relations, employees also need to project the values of the company to ***** external world ***** ***** the business exists. Values such as friendliness, helpfulness ***** *****lerance for example are important to maintain sound ***** relations. Fur*****rmore, persons employed in the complaints department ***** to display a calm and patient disposition in order to help the company create the best possible image with***** the domain in which it operates.

***** types of business by definition involves a cus*****mer basis. *****