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Stock impact report

5 Compelling Reasons To Scrap Your Corporate Values Today [Forbes]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Forbes
5 Compelling Reasons To Scrap Your Corporate Values Today Getty The Business Dictionary The operating philosophies or principles that guide an organisation's internal conduct as well as its relationship with its customers, partners, and shareholders. Core values are usually summarised in the mission statement or in the company's statement of core values. Implicit in this statement is the notion that a set of values emanating from the leadership team cascade down through the organisation, conditioning all employee behaviour to conform with it. Before we explore this idea, let's take a look at some corporate value statements: Lloyds Bank Procter & Gamble IKEA So let's take a look at some of these values in action: Lloyds Banking Group complicated In addition to all the other well-publicised woes of this bank, it is now allegedly using complexity as a competitive advantage in direct contradiction of its stated value: Keeping It Simple. In Michelle Malkin's National Review article Gillet Show less Read more
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