Activities Unit 7

Activity 14


We define ethical leadership as: knowing your core values and having the courage to act on them on behalf of the common good. This exercise will help you clarify your core values. It is a challenging exercise, and it will be more meaningful if you do it silently and on your own. During the process you will highlight the values most important to you. To do that, you’ll remove some from the list. This does not mean that you are throwing values away. The ones you identify as important will always be important. The narrowing process helps you determine your CORE Values. Pay attention to your inner dialogue as you make choices. Your process will reveal interesting truths about yourself.

Assessment Worksheet

Authenticity WisdomPowerStatus
InfluenceJustice…… …….


  1. Review the values on the assessment worksheet. At the bottom notice there are a few blank lines. Use these lines to add any values that are important to you, but are not listed.
  2. Put a star next to all of the value words that are very important to you, including any you may have added. This will become your personal set of values.
  3. Narrow the list to your top eight values by crossing off less important ones or circling more important ones. Take two to three minutes to do this.
  4. Now narrow the list to five, using the same process. 
  5. Now narrow the list to three.
  6. And finally, choose your top two core values.

A similar exercise can be used in order to identify a startup’s core values.

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