Family Business Management/Values

From my experience most students’ core values are they value freedom, freedom of religion, and freedom of the press. The article states core values are a set of tenets that require no external justification. Core values are intrinsic to each student, which means they are also personable to each of them. Almost all students that I have talked with value freedom of religion and freedom of the press. All other values seem to be a subset of these two core values. These directly correlate to the Walt Disney Company in which their core value is evoking people’s imagination. The founder thinks this should come from an inner belief system. Most students envision themselves graduating from college and obtaining their dream job in the workforce. Most also would like to have a family that they can support with their education. The consensus regarding a college education and raising a family is unanimous when it comes to most students I have encountered. I definitely see parallels with student values and what they envisioned for themselves in the future. For instance; freedom of religion, most student would like to find a place of worship with the families they will create after graduation. For freedom of the press most student want to preserve free speech so they can have the right to be vocal when it comes to elected officials. So yes, there is definitely consistency between what students’ value and what they envision for themselves.

Collins & Porras, Building Your Company’s Vision, writes about a vision requiring a core ideology – itself composed of core values and a core purpose – and an envisioned future- composed of a BHAG and a Vivid Description of the Future. The implication is: teams that have shared core values and envisioned future will be more successful no matter how diverse the workforce (p. 68). The envisioned future is a vivid description of what it will be like to achieve the BHAG (p. 73).

I expect this has a unique significance to Baruch students because the school is the most diverse business school in the country.

Blog question: From your personal experience, what or how would you describe as the overall core values of students at Baruch and what would /how do you think most students would describe as their envisioned future?  (In doing this consider whether the values you describe are consistent with the envisioned future)

You have a list of values from extra credit assignment on personal values to draw upon, as well as illustrations in the article.  For full credit, you need to 1) draw upon and reference content in the article – demonstrating your understanding of the article, and 2) provide substantive comment on the blog entry of two other students.