On the Path to a Guiding Principle: Process Steps, Success Factors, and Obstacles in the Development of Guiding Principles for Organizations and Companies

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Guiding principles play a crucial role in organizational and personnel development, providing direction through shared goals and values. The paper discusses their significance in contemporary business practices, highlighting that a substantial majority of companies—estimated at 90 percent—have established guiding principles. This exploration emphasizes the importance of these frameworks in fostering agreement and alignment within organizations, enhancing both effectiveness and cohesion among personnel.