Creating R.E.A.L Core Values with ChatGPT: A Practical Guide

Creating Meaningful Core Values for Organizations

• Core values play a crucial role in driving an organization forward by creating a strong culture.

• The words used in core values form the basis of the company's language, which in turn shapes its actions and culture.

• One-word core values like 'integrity' or 'innovation' are commonly used, but they may not effectively distinguish one company from another.

• Clear core values attract and retain the right people, guiding decisions related to hiring, promotion, and alignment within the organization.

Creating Meaningful Core Values for Organizations

The Importance of Core Values in Building a High-Performance Culture

• The accidental culture within an organization is often influenced by the behavior of the founder, which sets the tone for how things are done.

• The U.S. Navy SEAL code, despite not being traditional core values, reflects value statements that embody honor, integrity, and accountability.

• Patrick Lencioni emphasizes that core values are fundamental principles guiding a company's actions, serving as the cultural cornerstone.

• Assessing how core values align with high performers on a team can help in identifying strong cultural fits and potential areas of improvement.

• Creating organic, aspirational, and fundamental principles that define immediate termination can aid in developing a comprehensive set of core values.

The Importance of Core Values in Building a High-Performance Culture

Using AI to Generate Core Values and Actions

• The speaker introduces the use of AI, specifically chat GPT, for generating core values and actions for a company.

• The process involves creating a query with company details and selecting a desired tone and number of core values and actions.

• The chat GPT then generates core values and actions based on the given information, which the speaker evaluates and considers for adoption.

• The speaker also discusses the practical aspects of using the AI tool, including the technical setup, limited queries with the paid version, and the potential for future developments with version 4.

Using AI to Generate Core Values and Actions

Using GPT to Generate Core Values

• The speaker introduces a Google doc created with GPT to further explain the worksheet.

• He demonstrates how to use the Google doc to ask the same key questions as in the slide deck.

• The Google doc generates values based on the statements provided and lists out candidates for core values.

• The speaker then selects several core values and uses GPT to generate statements embodying those values.

• After selecting core values, the speaker explains the distillation process using human systems to narrow down to 3-5 core values.

• The importance of emotional quality and authenticity in core values is emphasized.

• The goal is to ensure that the final core values are memorable and actionable.

Using GPT to Generate Core Values

Importance of Core Values in Building Company Culture

• Marinating core values is essential for their effectiveness, and this involves soliciting feedback from the team to stress test the values and ensure they are clearly understood and can be lived out in the organization.

• Filtering down core values to a select few, around five, is recommended for focus and clarity.

• It's crucial to be willing to enforce core values, even if it means letting go of employees who do not align with them, as living and embodying the core values is key to building a strong company culture.

• Creating a quarterly conversation with employees to discuss the core values, evaluate their embodiment in the organization, and provide feedback on their application is a practical way to ensure the values are being lived out.

• Employees who understand and embody core values are more likely to be engaged at work, emphasizing the positive impact of strong core values on the organizational culture.

Importance of Core Values in Building Company Culture

Conclusion:

Incorporating authentic core values is vital for shaping a high-performance culture within organizations. With the help of ChatGPT, creating meaningful core values becomes a practical and achievable endeavor, leading to a more engaged and aligned workforce.