A speaker breaks down how to choose and communicate company values by framing them as trade-offs. Being transparent means publishing metrics that might hurt. Being customer-centric means sometimes losing money. The cost is real, but it's how you build something that lasts.
Chapters
We focused on the culture right at the beginning. The process for us was we decided on what our company values were going to be. Very quickly, I'll outline them. We were, we picked to be customer-centric, to be humble, to be iterative, and to be transparent. Now, actually, I think values in isolation don't make as much sense versus if you communicate them in terms of trade-offs. So for example, if I was to pick, Hey, we should have the company value of like having integrity. I kind of don't think that means a lot because when would you ever not have integrity? So when we talk to people at Zeus about our values and we say, hey, we have this company value around transparency, we're very clear to say this comes with certain costs. The costs may be everyone's goals are sort of publicly available, our metrics are accessible by everyone, Every line of revenue, every line of cost, you can dig in, you can go and question it. And sometimes that can be really uncomfortable. You know, if you miss your targets, it's there for everyone to see. If you make some bad decisions, like, it's out there. But what we say is, overall, we are willing to endure those costs to live up to that value, because I think that's in the best interest for the long term. When we talk about being customer-centric, I sort of outline two things. One, You know, sometimes you have to forego profit to basically really be customer-centric. You may have made a mistake, you want to make a customer whole. Or it can also be in terms of your day-to-day, like, job description. Like, you have to personally go the extra step to make a customer happy. You have to endure a bit of frustration. And what we say at ZOOZ is, when you're presented with that situation, pick the value and, you know, endure the trade-off.