Our Six Values for Organisations
As a Foundation we promote 6 Values which apply to organisations.
For the private sector: these six Values match the duties of company directors under section 172 of the Companies Act 2006.
For civil society: they also underpin the duties of trustees and accord with the thirteen charitable purposes and requirement to act in for the ‘public benefit’ as set out in the Charity Act 2011.
For the public sector: the Values also support the achievement of duties under the Public Services (Social Value) Act 2012; the Procurement Reform Act (Scotland) 2014 and the Wellbeing of Future Generations Act (Wales) 2015. As well as the Public Contract Regulations in all jurisdictions, along with the Seven (Nolan) Principles of Public Life and UK central government’s Social Value Model.
Read more about this mapping and how the Values apply to organisations.
Ethical purpose enacted via accountable and transparent organisational management and leadership. Including fiscal responsibility, cyber security and risk management. Acting in accordance the standards of best professional practice. Respect for property rights, data protection and privacy.
People focuses on how an organisation respects, cares for and seeks to protect its employees, consumers, workers within the supply chain and people within wider society. Including initiatives to improve physical and mental health and wellbeing.
Thriving individuals and organisations driven by the creation of training, employment and commercial opportunities. Following the principles of sustainable procurement and fair competition practice. Consumption of resources and establishment of buildings and infrastructure sustainably.
Providing support for communities of place (locality, region or sites of human heritage). As well as for people who come together, joined by activities. And those who share communities of thought, through shared appreciation, belief, faith, culture, causes and / or concerns.
The making of successful relationships with furtherance of mutual interests and collaborative working strengthened by shared values, informed by the views of stakeholders. Including the promotion of held organisational Values through campaigning, lobbying and advocacy.
When embedding Values within your organisation, you will make the greatest impact if a strategic approach is taken. Your organisational Values should be those which have the greatest connection with your organisation’s purpose, priorities and concerns.
Free toolkits to identify your organisation’s Values and embed these into the heart of everything you do are coming soon from ValueBox. This includes our Value Match Model, which provides a 4-stage approach to maximising the impact that you generate from acting in accordance with your Values.