The Essence of Worth and Values in Life and Leadership
Rich Baron • May 2, 2024
Self-worth is a journey, not a destination
In a world where materialism and superficiality seem to reign supreme, it can be easy to lose sight of what truly matters – our worth and values. Our worth is not determined by the size of our bank accounts, the title on the door of our office, or the number of possessions we own. It is about the intrinsic value we hold as human beings, the qualities that make us unique and special.
Values, on the other hand, are the principles and beliefs that guide our actions and decisions. They are the moral compass that directs us toward what is important and meaningful in our lives. Our values reflect what we hold dear, what we stand for, and what we are willing to fight for.
In a society that often measures success in terms of external achievements, it is important to remember that these outward markers of success do not define our worth and values. True worth comes from within – from our character, integrity, and ability to empathize with others. It is about being kind, compassionate, and respectful towards us and others. These values and attributes are a critical component of leadership and the ability to effectively lead others.
Titles and Worth
How often do we find ourselves thinking that if we just had that title, or the big office, or the accouterments that come with a big paycheck? People may see that we’ve arrived in the world and with that recognition our self-worth would increase. Sounds a bit hollow, doesn’t it?
In the competitive world of the workplace, many individuals find themselves constantly chasing after titles and promotions to advance their careers. While this drive and ambition can be a positive motivator, it is important to consider the potential drawbacks of this mindset. While this drive and ambition can be a positive motivator, it is important to consider the potential drawbacks of this mindset.
Chasing after titles can often lead to a never-ending cycle of dissatisfaction and unfulfillment. No matter how many promotions or accolades one may receive, there will always be another title to chase after. This can create a sense of constant striving and discontent, as individuals may never feel truly satisfied with their accomplishments. This can truly be damaging to our feelings of worth. In addition, we may start to chip away at our values as the chase for how others see us becomes more important than the values that truly make us who we are, our inner core.
Additionally, placing too much emphasis on titles and promotions can detract from the actual work being done. When individuals are solely focused on advancing their careers, they may lose sight of the bigger picture and forget about the importance of not only teamwork and collaboration but also personal well-being. It is crucial to remember that success in the workplace is not solely defined by one's title or position but by the impact one makes and the relationships we build with not only their colleagues but everyone in our circle of influence including our family and friends. How can you truly achieve this when our opinion of our self-worth is tied directly to who we are at work?
Ultimately, while it is important to be ambitious and strive for success in the workplace, it is equally important to maintain a healthy perspective and remember that titles are not the sole measure of one's worth or success. By focusing on personal growth, maintaining a healthy work-life balance, and valuing collaboration and teamwork, individuals can build a fulfilling and successful career that goes beyond just chasing after titles.
Developing Core Purpose Statements and Self-Worth
Ultimately, your actions, behaviors, and successes are tied to your inner core and what you value. Take the time to identify your values and worth and consider how you can bring value to the world. Determine who you want to positively impact. The exercise of reflecting, writing, and, most importantly, believing in and living your CPS can greatly contribute to your self-worth, values, and success in both business and life. It is one of the most powerful exercises we can undertake to facilitate our personal growth and achievements.
A CPS is the essence of living a life that is unique to you, highly personal, and Integral to your existence. It serves as a lens through which you:
• View the world around you.
• Set goals and take action.
• Make choices based on your values, beliefs, and perceptions.
• Make decisions through a process of analysis and elimination.
• Measure satisfaction, which holds greater importance than mere "success."
A CPS is an empowering, living document that helps us to live a meaningful life and is a reflection of our innermost being, born out of a profound connection with our inner core. It is a manifestation of our talents and strengths, showcasing our distinct ability to make a valuable contribution to the world. This purposeful existence caters to our fundamental human needs and embraces the physical, social/emotional, mental, and spiritual aspects of our being. It acknowledges and integrates all the important roles we play in life, be it personal, familial, professional, or societal. Most importantly, living a meaningful life is not about impressing others but about inspiring ourselves on a deeper level, reminding us of our true essence and worth.
Why Is Worth Important
In a world that is constantly changing and evolving, it is important to hold on to our worth and values as anchors that keep us grounded. They provide us with a sense of stability and direction in a rapidly shifting world.
It is essential to take the time to reflect on our worth and values, to understand what truly matters to us and what we stand for. By clarifying our values and aligning our actions with them, we can live a more purposeful and authentic life. This may involve making difficult choices or standing up for what we believe in, even in the face of adversity.
Our values serve as a roadmap for living a fulfilling and meaningful life. They help us prioritize what is truly important and make decisions that align with our core beliefs. When we live in alignment with our values, we experience a sense of authenticity and fulfillment that cannot be achieved through external validation alone.
Wrapping Up
Ultimately, our worth and values are what shape our character and define who we are as individuals. They are the foundation upon which we build our lives and make our mark on the world. By honoring our worth and staying true to our values, we can lead lives that are rich in meaning, purpose, and fulfillment.
So, take the time to reflect on your worth and values. What matters most to you? What do you stand for? By living in alignment with your worth and values, you can create a life that is truly worth living.
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About the Author
Rich Baron serves as the Chief Operating Officer and Director of the Global Coaching Project at John Mattone Global, where he also holds the title of Master Certified Intelligent Leadership Executive Coach. With over 30 years of rich experience in cultural transformation, operational leadership, executive roles, and coaching leaders at every level—from emerging talents to seasoned CEOs—Rich has a demonstrated track record of success.
Rich co-hosts "Mainline Executive Coaching ACT," a podcast that is recognized by Feedspot as the leading Executive Coaching Podcast worldwide. The podcast's acclaim is based on an evaluation of numerous factors, including web traffic, social media followers, and timeliness. It boasts an impressive following in more than 85 countries and over 850 cities globally.
The hiring process is broken. Discover how executive coaching improves leader selection, accelerates performance, and strengthens culture for long-term success.
If the years since the pandemic are any indication of what we can expect in this ever-changing business world, leadership needs to be stronger than ever. With rapid changes in business worldwide, the leadership skills we need are changing. Strong, versatile leaders are needed to face the challenges we will inevitably see - leaders who can adapt, strategize, and motivate their teams through complex situations. However, studies show that organizations and leaders alike are far from prepared to combat these challenges. What Do The Studies Show According to the Bersin by Deloitte report High-Impact Leadership Development , organizations with stronger “leadership maturity” are 11 times more likely to have a high number of leaders who can build talent for competitive advantage. And they’re 7 times more likely to have a high number of leaders who can inspire people to follow them. Unfortunately, the report also found that capable leadership talent is very rare. Only 60% of leaders in organizations show commercial acumen and business judgment; 48% are seen as driving change and innovation; and only 44% build talent for competitive advantage. Regarding rare leadership talent, in a study conducted by Kaiser Leadership Solutions , using a 360-degree instrument called the Leadership Versatility Index, they assessed over 24,000 senior managers from a variety of industries around the world. The results showed that less than 10% of the leaders in this study had the versatility and timing to be effective leaders. That means that more than 21,000 of the leaders studied do not have the versatility and timing to be truly effective in reading and responding to change with a wide repertoire of complementary skills and behaviors. Despite the studies that show that leadership skills and development are lacking, there has been a disturbing trend in organizations cutting L&D budgets and individual leaders putting the brakes on their own development. Or worse yet, ignoring the importance of leadership development altogether. A Short-Sighted Approach This lack of investment in leadership development is a short-sighted approach that ultimately hurts both the individual leaders and the organization. Effective leadership is crucial for the success of any organization, as leaders set the tone for the rest of the team and drive the company toward its goals. Additionally, in today's rapidly changing business landscape, it is more important than ever for leaders to be adaptable, agile, and able to navigate uncertainty and change. Investing in leadership development is key to ensuring that leaders have the skills and knowledge needed to thrive in this environment. Organizations must prioritize leadership development and allocate the necessary resources to support the growth and success of their leaders. By investing in leadership development, organizations can create a culture of continuous learning and improvement, drive innovation and growth, and ultimately, achieve sustainable success in the long run. Without ongoing development and training, leaders can stagnate in their skills and become less effective in their roles. This can lead to decreased employee engagement, lower productivity, and ultimately, a negative impact on the bottom line. Hitting the Pause Button Simply put, businesses and leaders are falling behind in preparing for the upcoming business challenges they will certainly face. This fact was shown in another leadership development survey of almost 18,000 human resource professionals and business leaders from around the world. The findings showed that 83% believe it is critical to the success of their organizations to develop leaders at all levels. Despite this, less than 5% of businesses have integrated leadership development at all levels. According to the Global Leadership Forecast 2021, “fewer than half of leaders feel they are effective in leadership skills that will be most critical for future success. This means that strong, versatile leaders are not being developed and prepared for future business challenges. As an executive coach, the most disturbing trend that I have seen in organizations, and individual leaders alike, is pumping the brakes on leadership development. Many of the excuses I have heard are that the L&D budget was cut, or we plan on revisiting leadership training next year, or my personal favorites, we are too busy to focus on that right now. With all the issues in poor employee retention, lack of leadership pipelines, poor talent selection, toxic bosses, and failing organizational culture (which is a direct result of poor leadership), it is no wonder you don't have the time. More than likely your time is now being spent chasing the tiger by the tail, putting out fires, and trying to keep your head above water. So, a quick question, do you think your excuses will help solve the problems? Or perhaps employing the age-old wisdom that if we just ignore it, it will go away. The trend of cutting L&D budgets has been a concern of employees globally. In February 2023, we featured an episode on our podcast, Mainline Executive Coaching ACT, entitled, "Dear Employees, Your Budget Has Been Cut." It has been downloaded and listened to in over 90 countries and 1000 cities worldwide, and is still one of our top downloaded episodes with continued daily downloads to this date. This goes to show that this is not just a concern for organizations in the United States, but globally as well. Quite frankly, this is an urgent situation that needs to change. Versatility Will Be The Key The need for leadership development is greater than ever. Over the past three years, business dynamics have shifted so dramatically, that the moment to maximize the benefits of strong and equipped leaders is now. Versatility in leadership skills is the master capability for leading in a VUCA world — that is, one characterized by volatility, uncertainty, complexity, and ambiguity. Versatility is, "the ability to read and respond to change with a wide repertoire of complementary skills and behaviors." For instance, some circumstances call for leaders to take charge, force difficult issues, and make tough decisions, while others require leaders to enable, support, and include people. Similarly, organizations sometimes need leaders to focus on their future strategic direction and at other times to focus on day-to-day operations and execution. Versatile leaders can seamlessly move between opposing behaviors. They can step up and make a call just as easily as they can bring people together to make group decisions. They can read the room and adjust their behavior accordingly, from asking questions and listening with an open mind to driving the team to achieve success. They can also envision change in big-picture terms and focus on the tactical details of implementing change. Versatile leaders can read the business, from playing out the chessboard five moves ahead to making the next move swiftly and with precision. Focusing on the Future It is time to stop pausing or ignoring leadership development altogether, or worse, simply putting someone in a leadership role because they are strong individual contributors in their jobs. The ripple effects of poor leadership have resulted in skyrocketing turnover rates, poor customer retention, disengaged employees, and high costs associated with replacing the employees who left. To be successful and competitive in the future, developing versatile, strong leaders is imperative. Organizations that value leadership development with a focus on building a strong leadership pipeline full of well-trained, versatile leaders will inevitably see greater innovation, stronger financial performance, highly engaged employees, and strong employee retention. Going forward, organizations and individuals alike need to engage or reengage in leadership development. However, do not make the mistake of bringing back leadership training that the company invested in 10 years ago. Or worse yet, relying on someone in the organization who participated in those programs in the past to take on the task of leadership development today. The days of marathon seminars focused on a particular leadership skill are in the past. Quite frankly, they did not work then, and certainly will not work now. A Training Evolution Leadership training has evolved, and executive coaching is the sturdy bridge that connects individual leadership effectiveness with outstanding organizational performance . It can help organizations attract and retain exceptional leaders and help executive teams to improve their performance. In addition, online coaching platforms that feature ongoing, bite-sized, dynamic, and hybrid training sessions with accompanying implementation tools coupled with one-on-one coaching have proved to be very effective. Intelligent Leadership Online Academy (ILOA) which was created during the pandemic by the world's top executive coach, John Mattone is one such platform that is trusted and respected by the top executives and technologists at some of the world's top companies. Wrapping Up Today's leaders need more proficiency than ever before. No one knows what our disruptive world will throw at leaders next. However, if the past three years are any indication of what lies ahead, organizations and individuals must be prepared to face those challenges. Those organizations with strong, versatile leaders who possess a wide and balanced repertoire of complementary competencies, skills, and behaviors, combined with the wisdom to know which one to use in a given situation, are likely to be most effective at leading their people, teams, and organizations through the turbulence. And we know that this meta-competency — versatility — can be learned, coached, and developed. Reach out to me here to find out more about executive coaching, and ILOA. Or schedule time with me here for a discussion on how your future and the future of your organization can look. About the Author Rich Baron serves as the Chief Operating Officer and Director of the Global Coaching Project at John Mattone Global, where he also holds the title of Master Certified Intelligent Leadership Executive Coach. With over 30 years of rich experience in cultural transformation, operational leadership, executive roles, and coaching leaders at every level—from emerging talents to seasoned CEOs—Rich has a demonstrated track record of success. Rich co-hosts "Mainline Executive Coaching ACT," a podcast that is recognized by Feedspot as the leading Executive Coaching Podcast worldwide. The podcast's acclaim is based on an evaluation of numerous factors, including web traffic, social media followers, and timeliness.
