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Building Your Company Principles

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Building Your Company Principles

  1. 1. Launching Principles A Core Imperative for High Growth Organizations www.stride.services
  2. 2. Principles are the Frame for a Company • Dictate our non-negotiables • Liberate employees to take action • Act as a filter for internal and external decisions • Apply uniquely for different people, roles and circumstances • Give a company flexibility to experiment • Can be both personal and professional.
  3. 3. The Power of Principles Principles are about getting in control of the type of organization you want to intentionally design. Principles are the “norms” of our company that dictate how we engage with each other, ourselves and our customers. Principles are not theory. They are tactical applications for each individual or group.
  4. 4. What do these mean? How do these show up in what we do? • We make and honor commitments • Wisdom of the group (WOG) • We invest in ourselves and each other • Empowerment • Celebrate wins. Celebrate each other.
  5. 5. • Work Principles – Trust in radical truth – Cultivate meaningful relationships – It is okay to make mistakes; unacceptable to not learn from them. – Get and stay in sync – Believability weight your decision- making • Life Principles – Embrace reality and deal with it – 5 Steps to get what you want out of life – Be radically open minded – Understand that people are wired differently – Invest in your health • People Principles – The Who is more important than theWhat – Hire right, the penalties for Wrong are huge – Constantly train, test, evaluate and sort • Operating Principles – Manage as someone operating a machine to achieve your goal – Perceive and don’t tolerate problems – Diagnose problems to get to root causes – Do what you set out to do – Don’t overlook governance
  6. 6. What are your Principles?
  7. 7. • The key here is to slowly infuse key principles into the organization. • The intent is that these can be fun. • Yes, this is culture but it is also part of organizational design
  8. 8. Step 1: Create an Enduring Environment to Capture Principles (we use Canny.io - $50/month)
  9. 9. A Step by Step Strategy • Announce/Present Principles • Launch Wisdom of the Group – Capture input from people – Not just limited to principles, but many areas of the org. • Roll out new Principles monthly • Facilitate rapid small group engagement: what does this mean? • Prioritize. • Vote. • Aggregate. • Get into Canny. • Communicate. • Upvote. • Execute.
  10. 10. Wash. Rinse. Repeat • A new principle monthly • Visual display of top level principles • Recording of a detailed resource (eventually becomes the Bible) for the orgs. Principles.
  11. 11. Ingredients for Success • Leadership: support and commitment – Executives – HR – Managers • Encouragement: of Canny as an ideas capture engine • Process: so that Ideas don’t fall into a vortex • Demonstration: of action/ progress • Celebration: of examples where our Principles were executed.

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