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How to Build Strong Company Values That Shape Workplace Culture

What makes a workplace feel different from another? Why do some companies attract and keep great people, while others struggle just to keep the basics running? In our experience at EWS Limited, we’ve seen one thing stand out every time: authentic company values are the root system of a great workplace culture. They ground decisions, shape how people treat each other, and give employees a clear sense of purpose.

But saying “we care about our values” is not enough. Too many firms, especially during rapid growth or cross-border expansion, slip into the trap of “values washing” or let their culture drift. This article will show how we, and our clients, build genuine company values that don’t just sound impressive—they actually change the way people work, lead, and grow a business.

Why strong values matter for workplace culture and growth

Let’s start with the business case. Multiple studies confirm that clear company values are one of the biggest drivers of positive culture, engagement, trust, and performance.

  • Harvard Law School Forum on Corporate Governance reports that 92% of executives believe improving corporate culture increases firm value.
  • The MIT Sloan Management Review found that over 80% of large U.S. companies publish official values, but many struggle with alignment—there’s often a gap between words and reality.
  • During high-turnover periods, toxic corporate culture is roughly 10× more likely to drive employee exits than salary, according to another MIT Sloan analysis.
  • Leaders who model altruistic, guiding values see better team morale, leadership effectiveness, and employee well-being, according to research in the Frontiers in Psychology journal.

Values act as an internal compass—making tough decisions simpler, encouraging accountability, and giving employees a reason to feel proud of their work. For those leading global mobility, diversity, or onboarding programs, values help create consistency across countries and teams. And for growing firms (Series B/C, or fast-expanding IT companies), strong values support sustainable growth and make scaling possible without losing the company’s character.

Culture is built—or broken—by the values we choose every day.

How values shape decisions and everyday actions

We’ve seen how values, when clear and alive, show up everywhere.

  • Hiring: Candidates are screened for value match as much as for skills.
  • Performance reviews: Feedback is focused not only on results but on how results are achieved.
  • Recognition: Team members are publicly celebrated for living the core values in real scenarios.
  • Conflict resolution: Disagreements are settled using shared principles as a reference point.
  • Retention and engagement: Employees feel trust, a sense of belonging, and motivation to grow.

This is especially helpful for small businesses and startups, which may not have huge budgets to compete on salary or perks. Our clients often start with fewer resources but gain an edge by attracting and keeping people who connect with their mission and culture. A great example is our feature on employer branding, which highlights how values-driven messaging sets firms apart.

Common mistakes that weaken company values

It’s easy to make mistakes with company values—especially for ambitious and fast-growing businesses. In our years working with companies across more than 100 countries, we’ve seen these pitfalls over and over:

  • Values washing: Leaders announce high-sounding values, but everyday actions and hard decisions say otherwise. When values are just a PR exercise, employees lose trust fast.
  • Too many values: When companies list 8 or 10 values, few people remember them all. The core principles get lost in the noise.
  • Generic or vague language: Words like “innovation” or “respect” are used, but nobody knows what they mean in real actions—no stories, no examples, no clarity.
  • Unlived values: Values that don’t match how people actually work or interact. If management ignores values, everyone else will too.
  • Weaponizing values: Using the value language to punish, intimidate, or silence employees. This is the quickest way to a toxic culture.

If your values don’t match daily behavior, they can backfire and damage trust far more than having no stated values at all.

Step-by-step: Building core company values

So how do we, and our clients, create authentic, effective values that shape the real culture of the business? Here’s a proven process:

1. Start with discovery

Begin by talking with your team. Survey employees at every level. Hold interviews or open workshops. Instead of inventing “aspirational” values, ask:

  • Which behaviors drive our best results?
  • When are we most proud of our company?
  • What stories do new hires hear about what matters here?
  • How do we actually treat mistakes, customers, and each other?

Invite managers, team leads, and long-serving employees. Make sure the discussion is open—no “right” answers, just honest observations.

2. Identify what is real and unique

Look for themes and specific stories—not just buzzwords.

  • Which behaviors show up, even when it’s not easy?
  • When did someone go above and beyond?
  • Are there moments that every team member recalls as “how we do things”?

Strong values reflect what makes your business unique. Avoid copying big brands or trends. Instead, anchor in your own stories, markets, and people.

3. Make each value concrete and actionable

A value must be easy to spot and hard to confuse. To do this, turn abstract statements into clear “this looks like/doesn’t look like” scenarios. For every value, list:

  • Name (simple and direct)
  • Three or four specific behaviors people can show
  • Two positive examples in daily work
  • One example of how violating the value looks in real life

For instance, let’s say your value is “Take Ownership.” The examples could look like:

  • Take responsibility for outcomes, not just for tasks.
  • Raise issues early instead of waiting.
  • Clean up mistakes and learn from them.
  • Help teammates when they are stuck.

Positive example: “When a customer flagged an issue, Ella fixed it herself even though it wasn’t her project. She updated the team and suggested a new process to prevent future errors.”

Negative example: “A problem was ignored and blamed on another team, leading to delays and frustration.”

4. Document in a clear, one-page format

We’ve found one of the best ways to keep values alive is to summarize each on a single, quick-reference page or card. For each value, list the name, supporting behaviors, positive examples, and a violation example. Include these in your onboarding, HR systems, and team meetings.

Keep it short. Keep it real. Keep it present.

5. Iterate and test with your people

Before publishing, run the draft values and examples by a broad mix of staff. Ask if they feel authentic and if it’s realistic to expect these as daily behaviors. Adjust language where it feels forced or jargon-heavy. The aim is to create “living” values that people can use in real conversations and choices.

Bringing values into HR: Hiring, onboarding, and daily work

A company’s values shouldn’t gather dust in a handbook. Here’s how we—and many of our global clients—integrate values into the rhythms of company life:

Hiring and onboarding

Include values in job ads, screening, and interviews. Instead of asking, “Are you a team player?” we suggest:

  • Tell me about a time you acted with (company value).
  • What did our value of (X) look like at your last role?
  • How would you handle (present a conflict scenario tied to the value)?

During onboarding, share real stories and examples of each value in action. Make time for discussion—new employees remember stories more than slides.

Add value references to job descriptions and integrate them into HR systems, platforms, or dashboards. Visual reminders in your HR software help values stay present.

Performance management and recognition

Tie annual or quarterly reviews to behaviors from your values overview. Make sure feedback includes examples of living the values—not just hitting metrics.

Set up regular recognition, like weekly shoutouts or a channel for team-wide thanks tied to values. Even simple gestures (an email, a mention in a meeting, or a small reward) help keep values top of mind.

Recognition for value-aligned actions sends a clear message: This is who we are and what we reward.

Problem solving and culture health

When facing hard calls—like layoffs, handling mistakes, or resolving conflicts—use your documented values as a guidepost.

Empower managers to give feedback or coaching using the language of the values. And remember, building a values-driven culture is not about being perfect. It’s about steady progress, learning openly, and keeping the conversation real.

We’ve written about building inclusive teams and engagement strategies—both benefit when values drive the conversation.

Measuring if values are working

If values are a foundation, how do you know they’re holding up? At EWS, we use several sample metrics and encourage clients to gather feedback often.

  • Employee engagement scores—especially on questions about trust, pride, or inclusivity.
  • Turnover and retention rates, with special attention to those hired for high value alignment.
  • Frequency and types of value-based employee recognition, such as “living the values” awards or shoutouts.
  • Manager observations or 360-feedback about value-driven actions in difficult situations.

For more on improving engagement and wellness, our guide to nudging well-being and productivity is a helpful resource.

If you’re seeing better collaboration, faster resolution of problems, and more genuine recognition, your values are truly taking root.

Why small businesses and startups gain the most

It’s a common belief that well-defined company culture is a luxury of big organisations with big HR budgets. We’ve seen the opposite. Strong values give smaller companies a secret advantage—helping them:

  • Attract people who might otherwise prefer higher pay or safer brands
  • Retain talent during uncertain phases (like between funding rounds or during leadership changes)
  • Promote fast knowledge sharing and “good” shortcuts when scaling
  • Reduce the drag and cost of internal politics by giving a shared language for tough discussions

When expanding internationally, especially as a first hire in a new country, clear values and documented practices support consistent, compliant onboarding—an area in which EWS Limited supports clients globally.

Culture is the engine; values are the fuel.

Common examples: Great values in action

To bring the process to life, here are real examples we’ve seen among our clients:

  • “Customer First” – Every team member takes turns shadowing customer support one day each quarter to understand the real experience and spot chances to improve.
  • “Keep It Simple” – Project teams encourage reviewing new processes every year, removing unnecessary steps and jargon.
  • “Speak Up Early” – Employees can flag concerns to a dedicated Slack channel, rewarded monthly for the best example of raising an issue constructively.
  • “Share The Win” – Recognition always includes both the lead and supporting roles, so silent contributors feel valued.

Each of these values is supported by clear behaviors, real stories, and routines—not just posters.

Digital tools and platforms: Making values stick

We use and recommend modern HR and operations platforms that centralize the people process—making it easy to include values in onboarding, review forms, internal communications, and analytics. By connecting payroll, compliance, benefits, and documentation in one place, you reduce friction for HR teams and employees alike.

Digital systems become even more powerful when they make your values visible and part of the workflow, not a hidden file on a drive.

With EWS Limited’s global expertise, we help clients embed these values and processes in compliant ways—so growing across new locations doesn’t mean losing cultural cohesion.

For fully remote or hybrid teams, values provide the “glue” that keeps collaboration healthy, as we explored in our article on recruiting and maintaining remote teams.

Conclusion: Building values pays off—for every company

Creating authentic, lived company values takes focus, honest feedback, and real commitment from leadership. But the payoff is massive: stronger engagement, faster growth, easier decision-making, and lower risk of toxic culture or high turnover. This is as true for a small, scrappy startup as for a company expanding into new global markets.

We’ve seen again and again that the most successful, inspiring workplaces are those where values are more than a slogan—they are a promise lived out every day.

If you want support building a real values-driven culture, or need help expanding your team across borders while keeping your unique identity, get to know EWS Limited today. Let’s connect the dots for your growth and help your values work as hard as your people do.

Frequently asked questions

What are company values?

Company values are the guiding principles that shape how a business and its employees operate, make decisions, and relate to each other and customers. They act as a foundation for culture and are often captured in a short set of beliefs or priorities that define “how we do things around here.” Examples might include integrity, ownership, collaboration, or continuous learning.

Why are company values important?

Company values provide a clear sense of direction for everyone—leadership and employees alike. They influence hiring, performance reviews, problem solving, and recognition. When lived daily, values drive engagement, boost trust, and help maintain consistency during growth or times of change. Without strong values, companies risk misalignment and a toxic or dysfunctional culture (as highlighted in studies from the MIT Sloan Management Review).

How do I create strong values?

Start by listening to your people. Use surveys and workshops to identify behaviors that drive real success. Keep the list short (3-5 values), make each value clear and actionable, and always provide concrete examples of both living the value and what violating it means. Test with employees to ensure values feel authentic. Document each value on a single page for reference, and bring them to life in all HR processes.

How can values shape workplace culture?

Values turn into culture when employees experience them every day—through recognition, decision making, and leadership actions. They create shared expectations, help resolve conflicts, and give employees pride and motivation. Companies with clear, well-lived values see greater commitment and lower turnover, especially in periods of fast change, as shown by studies at the Harvard Law School Forum on Corporate Governance.

How to communicate company values effectively?

Effective communication means integrating values into every stage of the employee experience—job ads, interviews, onboarding, meetings, and reviews. Use real stories, visible reminders in the workspace or HR software, and regular recognition programs. Leadership must model the values, and feedback should reference specific behaviors. Keep discussions open, and regularly revisit the values to ensure they stay current and alive in daily work.

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