Improving Company Culture Leads To Success

We hear so much about company culture; what exactly is it? Every organization has a culture, and the culture of a company is determined by the core values. A good company culture inspires staff and evolves over time.

In Entrepreneur, Doug Claffey, CEO of Energage, says, “Top Company Culture winners outperform average organizations on many levels, but one key distinction stands out: Leaders see the competitive advantage of creating a workplace culture where employees are highly engaged." The way people treat each other has a ripple effect.  

Here are a number of reasons why company values are important: 

• Recruitment: One of the best ways to attract competitive talent is to treat your employees well and have a positive culture. Reputation is important.

• Loyalty and retention. Create a team and show employees they're valued.

• Job satisfaction: There’s a correlation between employees who are happy with their job and company culture.

• Work performance: Core values and trust within a company helps people find value in their work.

• Less stress: The more positive the environment the healthier and happier the employees are.

• Collaboration: We can’t do it alone. Company culture is a team effort.

Finally, research by Deloitte found that 94% of executives and 88% of employees believe a distinct corporate culture is important to a business’ success. If you haven't reflected on your team's core values lately then schedule time in your calendar and signup for a free trial to see how you can make time for bonding activities.