Frugality
Frugality is the practiced value of prudent resource management, embodying thoughtful expenditure, wise investment, and avoidance of waste. This values capability encourages sustainable business practices, promoting efficient use of monetary, material, and human resources, fostering accountability, and nurturing a culture of long-term financial stability within an organization.
Level 1: Emerging
At an emerging level, you are beginning to exhibit frugality, showing initial understanding of balancing cost savings with value maximisation within your organizational role.
Level 2: Proficient
At a proficient level you are able to demonstrate frugality by making wise decisions on resource allocation, avoiding wasteful spending, and promoting a culture of efficiency and sustainability within the organization.
Level 3: Advanced
At an advanced level, you are a role model for frugality, demonstrating a deep commitment to using resources wisely and efficiently while making ethical and sustainable decisions aligned with organizational values.
