Identify your Values

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Overview There is empirical evidence that if we identify our values and think about them, we are more likely to identify ethical situations that may be in conflict with them. We will use this exercise to individually identify and understand our own values.

Basic Instructions The basic instructions for this project are: • One page, double-spaced. • Include a brief heading with your name, the project, professor, class time and due date. • You should write this paper like you would write a business document, polished and error-free with a straightforward, clear style. It may be organized as you like but a list of responses by question is acceptable. Detailed Requirements Below is a selected list of values (in alphabetical order). Feel free to add one or more if you have a deeply held value that is not represented on this list (it is not meant to be exhaustive).

1. In priority order (with 1 being the most important value), list the five values that are most important to you personally in making decisions.

2. Next, think seriously about what happens when two or more of these values conflict. For example, what happens if you value both honesty and success and they come into conflict? Are you willing to forgo financial success in order to be completely honest with customers or suppliers? In other words, how would you prioritize your values? Document your answers on the page.

3. Next, if you’re working, think about the values of your organization and how those are prioritized. Are there serious conflicts between your personal values (and priorities) and the organization’s values? Document your answers on the page

. 4. Finally, list those values that you would choose to serve as the basis for business dealings in an ideal society. Document your answers on the page.

values example* Action orientation Freedom Responsibility Altruism Harmony Risk taking Authority Helpfulness Security Compassion Honesty/integrity Self‐discipline Competence Honor Status Conformity Humility Success Creativity Initiative Teamwork Customer satisfaction Innovation Tradition Diversity Loyalty Wealth Equality Novelty Winning Excitement Obedience Experimentation Order Fairness/justice Power Family well‐being Promise keeping Flexibility/adaptability Respect

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