P. 1
corporate values

corporate values

|Views: 30|Likes:
Published by Devendra Singh

More info:

Published by: Devendra Singh on Apr 04, 2011
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as PPTX, PDF, TXT or read online from Scribd
See more
See less








partners. .CORPORATE VALUES The operating philosophies or principles that guide an organization's internal conduct as well as its relationship with its customers. and shareholders. Core values are usually summarized in the mission statement or in the company¶s statement of core values.

IN ALL OUR RELATIONSHIPS WE WILL DEMONSTRATE OUR STEADFAST COMMITMENT TO: ´ ´ ´ ´ ´ ´ ´ ´ Leadership Integrity Quality Customer Satisfaction People Working Together A Diverse and Involved Team Good Corporate Citizenship Enhancing Shareholder Value .

Vision .THE CORE VALUES REFLECT ON THE CORPORATES' . .Purpose .Mission .Governance.

Entrepreneurship.Support 2.Risk 7. Optimum Standards Of Service. Leadership Through Competence.Honesty 3. Openness To People And Ideas.Communication .Freedom 5. And Behavior Based On Values.Stimuli 6. Nine Desirable Attributes of Corporate Value Systems 1.Teams 9.Alignment 4.CORPORATION HAVE A SET OF VALUES The Dignity Of The Individual. Synergism.Empowerment 8.


These values are subject to trade-off by decision-makers or bargaining processes. including the shareholders expect in return for their contributions to the firm. Created Values is the values that stakeholders. and are often found in sections on Code of conduct on its web page. Protected Values are protected through rules. standards and certifications.   . environment and safety. The philosophical antecedents of these values are Virtue ethics.TYPES OF CORPORATE VALUE SYSTEM  Core Values which prescribe the attitude and character of an organization. They are often concerned with areas such as health.

HOW PERSONAL VALUES TAKE A ROLE IN BUSINESS VALUES ´ Personal Accountability Greed Protecting Personal Interests ´ ´ .

We will actualize stakeholder value and interest on a long term sustainable basis. we are conscious that ITC has been given to us in "trust" by all our stakeholders. . high-performance organization which creates value for all its stakeholders: Trusteeship As professional managers. Customer Focus We are always customer focused and will deliver what the customer needs in terms of value.VALUE STATEMENT OF ITC ITC's Core Values are aimed at developing a customer-focused. quality and satisfaction.

services and management practices. we will make no compromise in complying with applicable laws and regulations at all levels . do it well and win. We acknowledge that every individual brings different perspectives and capabilities to the team and that a strong team is founded on a variety of perspectives. products.Respect For People We will simultaneously respect and value people and uphold humanness and human dignity. In pursuit of our goals. Nation Orientation We are aware of our responsibility to generate economic value for the Nation. Innovation We will constantly pursue newer and better processes. Excellence We do what is right. We will strive for excellence in whatever we do.

The five core Tata values underpinning the way we do business are: Integrity ´ Understanding ´ Excellence ´ Unity ´ Responsibility ´ .VALUE STATEMENT OF ³TATA STEEL´: The Tata Group has always sought to be a valuedriven organization. These values continue to direct the Group's growth and businesses.

Fairness. Citizenship and Caring. Responsibility. Integrity.VALUE STATEMENT OF ³RELIANCE INDUSTRIES´: Reliance believes that any business conduct can be ethical only when it rests on the nine core values of ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ Honesty. Respect. Purposefulness. Trust. .

World Class Integrated in Energy Business Dominant Indian Leadership .VALUE STATEMENT OF ³ONGC´: To be a world-class Oil and Gas Company. integrated in energy business with dominant Indian leadership and global presence.

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->