david hauser presentation
DESCRIPTION
Event: 2010 Latin American/Caribbean Conference in Costa Rica Date Presented: 5 March 2010 Title: Taking It to the Core: Culture, Purpose &ValuesTRANSCRIPT
Taking it to the Core: Culture, Purpose and Values
Our attention span is shrinking.
5+ ventures
6 years in current business
50 employees
80,000+ entrepreneurs served
Culture is the building block
of a great company.
Core purpose is…
the reason for being
or
the why
Core values are not…
aspirations
honesty
respect
excellence
these are the rules to play
Core values are…
never changing
guiding principles
transcend product or service
and ultimately
the how
These companies get it…
Discovering your core values
Core values are all about
stories.
Describe your best person 10 minutes
Stories from managers 1-3 months
How to test it
Fire or hire?
Same in next company?
Wordsmith
Reading
Building Your Company’s Vision By Collins and Porras
Make Your Values Mean Something By Lencioni
Vision Framework www.jimcollins.com
Visualize it
Performance Culture
Timely and meaningful feedback is valuable.
Reviews suck
So do them more often
Yes, quarterly
Core values 50%
Competencies 10%
Goals 40%
Bonuses
Paid quarterly
Individual Goals 50%
Company Goals 50%
Authenticity is more important
than “selling”.
Stand out from the crowd, don’t join it.
Buzz
PR is helping reporters do their job, not selling your crap
Entrepreneurship
DAVID HAUSER @dh