We renewed our company values in May 2021 and, in particular for Pride Month 2021, gave even more thought to the topic of diversity in business. Together with our new vision and mission, they are what StackFuel stands for as a company, our principles and working foundation.
Corporate values are central philosophies that should guide a company and its employees. If they are internally convincing, they influence in particular the way a company presents itself to partners and customers and how employees interact with each other. If the corporate culture is consistent with its core values, this creates a consistent, positive environment for all stakeholders.
According to the Achievers Workforce Institute study. "One Culture: The Business Impact of Organizational Alignment to Company Values." companies with a highly accepted culture and innovation strategy record 30 percent higher growth in company value and 17 percent higher profit growth. The value of diversity in particular pays off for companies in the long term.
McKinsey's report "Diversity wins" shows as successor of "Why Diversity Matters." (2015) and "Delivering through diversity" (2018) not only that its original business case still holds, but also that dThat diversity in leadership teams has increased the likelihood of maximizing profits and exceeding goals over time.[JK1] . This shows that companies should pay even more attention to their diversity, even if they are already relatively diverse. So we too have committed ourselves to this development in order to add many more colors to our own colorfulness.
We live in a complex, interconnected world in which globalization and technological progress shape the diversity that makes up our modern society. Yet this diversity requires careful nurturing and conscious promotion in order to release the true value of its invaluable potential.
When we talk about diversity in the business environment, we are talking about much more than gender, origin and ethnicity, but also gender, different religious and political beliefs, education, socioeconomic backgrounds, sexual orientation, lived culture and disabilities. When such a diverse and inclusive workplace is fostered, tangible external and internal benefits can be realized.
It is important to note that initiatives will look different in each company. Diversity means different things to different people, and each company should embed this in its values and live it out in its culture in its own unique way.
This is what is behind StackFuels values
Company values should be more than empty templates or a vanity parade. As you can probably already guess (after all, we're talking about core values in this article), we at StackFuel believe that companies should have authentic, thoughtful values that form the foundation for their employees and their actions.
We're very proud of our own core values - not just how we chose them, but especially the degree to which our entire team has embraced them. Values are generally the foundation for getting a sense of the big picture, even in day-to-day operations, and they ensure that every single member of the team knows what true success means to StackFuel.
Corporate values are essential to any workplace. They give actions a motivating, deeper purpose and guide decisions that benefit the bottom line.
1 We love learning.
At StackFuel, we believe in the principle of lifelong learning and continuous personal development. We strive to always be the best version of ourselves and value input and feedback from outside and inside to get a little better every day. This applies to us as a company, to our trainings, and most importantly to us as a team. Together, we are committed to the highest quality.
2 We strive for the highest quality.
The quality of our products is close to our hearts. Our trainings always have the claim to be the best on the market. We put our customers at the center of everything we do. We want to offer our customers the best and most sustainable learning experience that is technically and didactically possible today. At StackFuel, we are committed to ensuring that our work is always professional and that our customers enjoy learning. That's why we're solution-oriented.
3 We want solutions, not problems.
Whether you're an intern or a manager, at StackFuel we take a proactive approach to challenges. We always focus on the solution, not the problem. In doing so, we are able to put ourselves in other people's shoes and take their perspective into account when finding solutions. When we can't reach our goal alone, we support each other as a team to achieve our goals together.
4 We are data nerds.
Data is our passion and we are committed to spreading data-driven thinking and acting in companies. We advocate for an active data culture and are not afraid to identify challenges and potentials based on data, to openly address them and to jointly develop new and better solutions. We want to continuously develop StackFuel and our trainings together with our customers.
5 We listen.
At StackFuel, we encourage active exchange among ourselves. We create a culture of discussion where everyone can stand up for their opinion and be heard at all times. We act openly and honestly with each other and treat other opinions respectfully and constructively. We actively ask for feedback from our team and encourage everyone to participate constructively in the design process so that we can jointly find the best solutions for us and our customers. In this way, we continue to develop.
6 We are colorful.
At StackFuel, we include everyone. Our diverse personalities and skill sets are what make our team strong and successful. We enjoy working together to develop sustainable training and services while considering different perspectives. We embrace new ideas and alternative opinions to continuously evolve our products or processes.
To now also make the data industry more colorful, we promote diversity through actions such as the "Women in Data" scholarship, which offers women free training to become data analysts.
Our Why - We want to create this world together with you
We are looking forward to a better future. The Corona pandemic and advancing digitalization have pushed us all to rise above ourselves and not only recognize but also seize opportunities.
We believe we should not stop here, because the first important steps have been taken to take full advantage of the great benefits of our digitized world. Digitization and datafication are not just something that happens to us, but an ongoing development that companies, employees and society want to actively shape.
StackFuels Mission: Empowering people to build the future with the latest technology.
Our world is becoming increasingly complex and with it, so are our decisions. Nowadays, numerous factors have to be taken into account in decision-making to ensure that the result leads us in the right direction in the long term.
To achieve this, we need to close the global skills gap in data and AI, and not just for a few, but through always-on, certified education and career pathways at all levels of business and society. Only then can the full potential of these technologies be unlocked and true innovation achieved.
In this way, we address the biggest problem of our current labor market - a gaping skills gap between what companies are currently capable of and what is actually possible thanks to the latest technologies. For us, people are at the center of this idea.
We envision a world in which all people can actively and competently use these technologies and acquire critical knowledge at any time and from anywhere. Without restrictions, without compromise.
StackFuels Vision: We envision a world where technology skills can be learned by anyone, anywhere, anytime.
A big reason for our clear vision is our customers, who contribute to this positive future and understand how data literacy, data analytics and artificial intelligence can contribute to and accelerate this development.
StackFuel launched in 2017 with an ambitious vision, and we've always been about empowering people to build a better future using the latest technologies. If we succeed, everyone will have equal access to learn and use these technologies, no matter when or from where. In this way, we contribute to equal opportunities in a diverse, digital world and want to continue to develop and advance this as a company, as a brand and as a team.
If you want to learn more about StackFuel and the world of data, visit our Website and if you also share our vision and want to create a world together with us that knows no technological knowledge barriers, then become part of the StackFuel team!
Sources:
McKinsey (2020): "Diversity wins" [08.06.2021]
McKinsey (2018): "Delivering through diversity" [08.06.2021]
McKinsey (2015): "Why Diversity Matters." [08.06.2021]
World Economic Forum (2019): "The business case for diversity in the workplace is now overwhelming" [08.06.2021]
Achievers Workforce Institute (2020): "One Culture: The Business Impact of Organizational Alignment to Company Values." [08.06.2021]
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