Values Always Cost You Something. That’s What Makes Them Different From Platitudes.

Greg Satell
6 min readJul 22, 2023
Photo by Towfiqu barbhuiya on Unsplash

When I was in Panama last year for a keynote I had the opportunity to speak with Erika Mouynes, the country’s former Foreign Minister, about the war in Ukraine. Her ministry had strayed from its traditionally neutral stance by calling for “respect for the sovereignty, political independence and territorial integrity of Ukraine based on international law.”

She told me that when she later met with Russia’s Foreign Minister, Sergey Lavrov, he asked her why she cared about a country thousands of miles away where Panama has no tangible interests. What did she expect to gain? She told him that sometimes you need to make decisions based on values that are important to you.

Her position was not without risk. Panama depends on broad international support for its canal. Yet many of the executives at the event told me how proud they were of her support for sovereignty, an issue that Panama has sometimes struggled with in its history. The truth is that, to mean something, values always cost you something. Otherwise they’re just platitudes.

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Greg Satell
Greg Satell

Written by Greg Satell

Co-Founder: ChangeOS | Bestselling Author, Keynote Speaker, Wharton Lecturer, HBR Contributor, - Learn more at www.GregSatell.com

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