Organizational Values Test (OVT)
Human resources management and the importance of organizational values
Why do we say that organizational values are so important? Over the past few years, numerous organizations have invested in efforts to identify the values that represented them, the values from which their development and orientation originates, and the values that are at the core of their organizational functioning. Values are powerful tools that permit managers as well as employees to better understand the decisions and objectives that are established in order to adjust their behaviour accordingly.
Is there a correlation that exists between organizational values and human resources? Numerous studies (Verquer & al., 2003; Hofman & al. 2006, Kristof & al., 2005; Arthur & al. 2006) have shown there exists a direct correlation between values and organizational efficiency. We were able to demonstrate that a ‘fit’ between a person’s values and that of the organization is at the origin of:
- A greater level of satisfaction in regards to tasks to accomplish
- A greater level of satisfaction in regards to the nature of the work
- A greater level of satisfaction in regards to the organization
- An increased level of engagement on the part of the employee
- A decreased intent to quit
In addition, these same studies showed that a better ‘fit’ improved employee productivity at all levels.
How can we assess organizational values and extract the information that is relevant to the Department of Human Resources?
Just as there are tools to assess skills, knowledge and personality traits, there are tests that assess an organization’s values. However, until recently, these tests provided limited information and did not take into account the composite of values represented within organizations.
In order to overcome this challenge, COMPMETRICA has developed a tool that allows one to not only identify values that are shared by employees or management, but also allow for the comparison of these values in order to identify at what point they converge or diverge. The OVT (Organizational Values Test), introduced to the North American market in November 2009, allows the identification of the values of employees, directors, or groups of people. Two types of values are identified, those that are considered “basic values” (what the organization would like to achieve) and those more closely related to “work values” (how the organization would like to achieve them).
The OVT can be used in a number of manners and contexts, including:
- As an organizational diagnostic tool (what are our organizational values)
- Personnel recruitment (do candidates share similar values to that of the organization);
- Benchmarking (how do the organizations values compare to values found within other organizations in the same sector?) – this information is provided within the report framework generated by the test;
- Merging of departments or organizations (in order to assess whether there exists concordance between the values of the two entities).
This test is available to businesses of any type wishing to explore the area of organizational values in order to guide their strategies and conduct self-assessments. Finally, the OVT can be administered in a pencil-and-paper format or using a secure platform on the Internet, according to the client organization’s needs.
By Mathieu Durivage
Consultant Measure and Evaluation