In order for you to be able to determine what your values are, it is important that we first define what we mean by the term “value”: Critical Analysis on Tourism Leadership Assignment, KU, Singapore

Learning Objectives

• In this chapter, you will be introduced to the concepts of values and their importance in your personal
• Identify the 4 different types of values.
• Determine your personal core values.
• Reflect on how your core values influence how you make decisions.

What is value?

In order for you to be able to determine what your values are, it is important that we first define what we mean by the term “value”.

In their essence values are the guiding principles in our lives that direct us and help us persevere. You may already be aware of some of the guiding principles that direct your life. Some are quite easy to determine, family first, honesty, and dependability are values that are easy to identify and easy to align with. Yet there may be other unconscious values that you are not aware of that guide you such as survival, security, work, and independence.

Patrick M. Lencioni (2002), states that there are 4 types of values:

• Core values: These are the values that guide all of your actions. They are the values that truly make you an individual.
• Aspirational values: These are values that you aspire to have. They are values that you are working towards but do not yet have in place.
• Permission to play values: These are values that you value yet are willing to let slide should the situation arise.
• Accidental values: These values are determined by the people you may be with or aspire to be like. These values aren’t cultivated or even recognized.