I am attempting to understand the use of values and principles in organizational communication.
According to Merriam-Webster values are defined as
- the amount of money that something is worth
- the price or cost of something something that can be bought for a low or fair price
- usefulness or importance
And principles are defined as
- a moral rule or belief that helps you know what is right and wrong
and that influences your actions - a basic truth or theory : an idea that forms the basis of something
- a law or fact of nature that explains how something works or why
something happens
Blogs such BrokenMindSet and EnergizedWork describe them differently as are the terms when searching online.
For example, these are some of the principles that can be found by searching online
- Operation efficiency
- Retain and grow revenue
- Establish barriers to competition
These are examples of values
- Customer-centric
- Accountability
- Integrity
How do i use these terms in organizational conversations?
- How does one differentiate between principles and values?
- How do you define principles and what would be examples of these?
- How do you define values and what would be examples of these?
Best Answer
Values are things that give us the sense of right and wrong whereas principles are rules of any subject or area. We live our lives following values. For example: