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June 03, 2021 - BY Admin

Trust is a core value

When we started Funtash Technologies, we were very clear about a set of core values that we agreed to uphold in the face of all resistance and opposition.  Here are the ones we started with:

  1. Collaboration over competition
  2. Excellence over success
  3. Effort over IQ
  4. Value-creation over profits

    Today, a tweet pointed me to this blog post which made me realize that there is a hidden core value which has always been there although we never explicitly mentioned it. That core value is Trust. Funtash Technologies was started by a close group of people who completely trusted each others’ capability, integrity and intentions. This was there when we were less than 10 people.  Today we are more than 500 and of course we have many more processes but mutual trust is still an overarching feature of our organization. I strongly believe that nothing has contributed to our growth and success more than trust and I have no doubts that it will be required to take us to the next level.

    We are now making our most important core value explicit. Therefore, we updated our core values to:

    1. Trust over process
    2. Collaboration over competition
    3. Excellence over success
    4. Effort over IQ
    5. Value-creation over profits

    Later, we realized people tend to care more about outcome or results than about effort, so effort over IQ is not an apples-to-apples comparison. Consequently, here are the updated core values:

    1. Trust over process
    2. Collaboration over competition
    3. Excellence over success
    4. Effort over outcome
    5. Value-creation over profits