Shared Values in an Organization: Definition & Explanation

An error occurred trying to load this video.

Try refreshing the page, or contact customer support.

Coming up next: How to Develop Executive Presence

You're on a roll. Keep up the good work!

Take Quiz Watch Next Lesson
Your next lesson will play in 10 seconds
  • 0:00 Why Are Shared Values…
  • 0:42 Key Concepts
  • 1:44 Example
  • 2:36 Lesson Summary
Save Save Save

Want to watch this again later?

Log in or sign up to add this lesson to a Custom Course.

Log in or Sign up

Speed Speed Audio mode

Recommended Lessons and Courses for You

Lesson Transcript
Instructor: Shawn Grimsley

Shawn has a masters of public administration, JD, and a BA in political science.

Shared values represent an important component of most private and public organizations. In this lesson, you will learn what shared values are and some key concepts about them. After the lesson, you can reinforce your knowledge with a short quiz.

Why Are Shared Values Important?

Creating and implementing shared values is important for all organizations. They provide guidance for organizational decision-making and also provide a kind of ethical compass for organizational action.

Shared values are organizational values that are usually developed by the organization's leadership and then adopted by the other members of the organization. The values are shared and followed by all members of the organization when acting on behalf of the organization. They may also be referred to as core values.

Key Concepts

Shared values help to define what an organization is, what an organization does, and what an organization aspires to be. It is common for shared values to be reduced to writing in a mission statement, or a brief document describing why an organization exists. Shared values provide overall guidance for organizational members to make the correct decision in a given situation.

An organization driven by numbers or profits, without any guiding values or vision, may become dysfunctional, leading to ethical, moral or even legal violations. Implementing shared values can help an organization to avoid these problems. Its leaders might impose general values over all organizational behavior, objectives, and goals. Ideally, shared values should be implemented to serve the needs of all organizational stakeholders, including employees, managers, and clients of the organization.

To unlock this lesson you must be a Member.
Create your account

Register to view this lesson

Are you a student or a teacher?

Unlock Your Education

See for yourself why 30 million people use

Become a member and start learning now.
Become a Member  Back
What teachers are saying about
Try it risk-free for 30 days

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Create an account to start this course today
Try it risk-free for 30 days!
Create an account