Mastery Quiz: Operating Principles

What are Operating Principles? (Select the best answer)

A set of behavioral guidelines to improve engagement and reduce conflicts

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A set of guidelines that help define the way in which the business plan will be executed, including all applicable strategies and tactics

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An investor’s handbook

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A set of guidelines that help define the mission, vision, and core values of the company

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Which of the following are examples of operating principles that your founder may adopt?

Take ownership of outcomes

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Attack problems, not people

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Communicate with clarity, frankness, and openness

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All of the above

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None of the above

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How are Operating Principles best introduced? (Select the best answer)

The founder can write them and post them on the corporate website

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The founder can leverage the expertise of a consultant to write the principles with a diverse group of employees who agree to them and help train others to implement them

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The founder can delegate the task to a select group of employees

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