Aligning Executive Recruitment with your Organization’s Values - the Power of Purpose
Autumn Leaf Research Desk
Most organizations have certain values that guide their conduct, certain core principles, beliefs and ethics which steer the way they make decisions. These values shape the organizational culture, serve as a moral compass…
... and direct how employees and leaders should behave in the workplace. These values often differentiate them from their competitors, influence whether and to what extent employees are engaged and in fact, also helps to retain employees as well as customers if their values are aligned with that of the organization.
From a recruitment perspective, values-driven organizations are more likely to enjoy the benefits of a strong employer brand because shared values attract like-minded talent. From a business perspective, there is a direct impact on financial performance, sustainability, and growth as they create trust, loyalty, and a sense of shared purpose.
And hence, aligning Executive Recruitment with your Organization’s Values is super critical.
But before we jump into that, it is also important to note one more thing: every “value” does not possess the same importance across the globe. While innovation, entrepreneurship, risk-taking ability and building strong customer relationships are loved in the USA, Europe seems to embrace sustainability, collaboration, ethical governance, and quality. While organizations in Asia value harmony, respect for hierarchy, and loyalty, Japan bats for continuous improvement (Kaizen), respect, long-term commitment, craftsmanship and quality.
Because of this important aspect, you need to be doubly sure while hiring a global executive - their words, decisions and actions will be interpretated differently in different geographies.
So, what happens if you don't align executive recruitment with your organization’s values? Well, you can have many potentially negative outcomes.
Outcomes of not aligning executive recruitment with your organization’s values
1. Cultural Misalignment: Conflicting behaviours and decision-making processes results in disconnects between the leadership and the rest of the organization, fragmenting your culture.
2. Disillusioned Employees: When employees witness executives ignoring your organization’s values, you would suffer from poor engagement, reduced loyalty, and higher attrition.
3. Contradicting Decisions: Executive decisions that differ from your organization’s values can create confusion and uncertainty, affecting employee morale and productivity.
4. Reduced Customer Satisfaction: Executive decisions prioritizing short-term gains or personal projects over real customer needs can result in loss of customer loyalty and business.
5. Legal and Regulatory Risks: Executives who don’t function as per your values can expose the organization to compliance, regulatory and ethical issues as well as legal liabilities.
6. Loss of Reputation: Negative reports on misaligned executive actions or behaviours would impact your brand name, investor decisions, and relationships with key stakeholders.
7. Reduced Innovation: Lack of shared values and unsupportive executive behaviour discourage people from creativity, sharing ideas and taking risks, thereby impacting innovation.
8. Weakened Employer Brand: Prospective candidates will refrain from joining your organization if they sense a disconnect between your stated values and executive behaviour.
9. Leadership Unity: Misaligned executives can disrupt unity among other leaders creating internal conflicts leading to ineffective decisions, lack of collaboration, and loss of direction.
10. Dilution and Erosion of Values: Undermining the importance of your organization’s values results in dilution or erosion of those values over time, as employees stop following them.
On the other hand, when executives uphold your organization's values, it builds trust and credibility, internally and externally. Executives play a critical role in shaping and reinforcing the desired culture, and their alignment can supercharge efforts to drive your organization in a purposeful direction.
How you can align executive recruitment with your organization’s values
You can get started by integrating your organization’s values into your recruitment process. I am assuming here that the core values of the organization are already defined because the key here is to effectively showcase those values in action while recruiting.
1. Bake your values into job descriptions and other communication materials.
2. Use them to shortlist as well as rate and rank candidate profiles.
3. Follow them during your interactions and interviews with executives.
4. Transparently communicate your values to candidates, use storytelling to convey values if you can.
5. Train your panel on how to ask value-based interview questions and how to interpret responses.
6. Evaluate cultural and behavioural fitment during candidate assessments.
7. Continue reinforcing your values-driven recruitment practices.
However, aligning executive recruitment with your organization’s values can present several challenges.
The top five of them are:
1. Attracting the Right Executives: If your organization’s values are unique, finding executive candidates who align with them will be difficult. Hence it is important to plan ahead, build industry connections, and proactively create a talent pool which can be tapped when needed.
2. Balancing Skills and Values: Getting swayed by someone’s skills or performance track record has to be kept in check. While skills are important, striking the right balance between a candidate's skills and their alignment with the organization’s values is equally if not more essential.
3. Assessing Cultural Fitment: Whether a prospective executive candidate aligns with the organization's values can be subjective. Assessing cultural fitment through behavioural interviews, psychometric tests and reference checks are a must to determine alignment of values.
4. Overcoming Biases: This requires implementing an objective evaluation mechanism before initiating the executive recruitment process. Otherwise, our biases can unconsciously perpetuate a homogenous leadership team, or lead to overlooking of qualified prospects.
5. Managing Stakeholder Expectations: Despite having an objective evaluation mechanism, investors, board members, existing executives, and leaders may have different perspectives on different candidates. Aligning their expectations is absolutely critical to your success.
Upholding the alignment of executive recruitment with the organization’s values requires consistent feedback, reinforcing the importance of an objective evaluation mechanism, leadership commitment, and patience, especially if the pool of executive candidates in certain industries or regions is limited. It may require a shift in existing recruitment processes, and organizations have to be flexible and willing to adapt.
Some examples from near and far
In India, traditional business houses such as the Tata Group, Wipro, Godrej, Mahindra Group etc. are all known for aligning executive recruitment with their organization’s values. They seek leaders who not only possess the necessary expertise and experience but also demonstrate integrity and ethical behaviour, a customer-centric mindset, social responsibility, entrepreneurial thinking, and sustainable business practices.
Several startups have also adopted this practice while recruiting their executives because building billion-dollar businesses require absolute alignment to the values that founders have set for the organization.
Globally, Patagonia (known for environmental sustainability), Airbnb (with their strong emphasis on diversity and inclusion), Southwest Airlines (fun, friendly, and customer-centric culture), Canva (user experience) and Google (focus on innovation and intellectual curiosity) are some good examples.
In Conclusion
Your employees as well as your customers, business partners, channels and investors will become disengaged and raise questions if they get a hint of disconnect between your organization’s values and actual practices by your executive and leadership team. This can not only lead to missed opportunities, but it can also derail an organization.
Hence, the alignment of executive recruitment with your organization’s values is vital for establishing a strong foundation that can drive the desired engagement and build the required culture to propel the organization forward while upholding its core principles.