What does organisational culture actually mean? A quick Google search says that it’s those hard-to-pin down values, mindsets and behaviours which govern how teams work together. It’s also an influential factor when it comes to people’s engagement, productivity and...
What does organisational culture actually mean? A quick Google search says that it’s those hard-to-pin down values, mindsets and behaviours which govern how teams work together. It’s also an influential factor when it comes to people’s engagement, productivity and satisfaction levels. However, if you ask us, organisational culture is a double edged sword that can either be your competitive advantage or Achilles heel. Culture is the reason why one company’s profits are soaring and another is in the news for absolutely all the wrong reasons. Many leaders will say that they have a great business culture. However, when you scratch below the surface, there’s a level of simmering dysfunctionality with a lack of honest communication, innovation and accountability. Interestingly, there are currently more leaders getting their cultures wrong than right. You only need to look at the Society of Human Resource Management’s ‘The High Cost of a Toxic Workplace Culture’ report which found that: 1 in 5 people quit their jobs due to a toxic culture Staff turnover has cost organisations as much as US$223 billion over the last 5 years If you want culture to be the reason why your business succeeds, here’s everything you need to know to […]
What does organisational culture actually mean? A quick Google search says that it’s those hard-to-pin down values, mindsets and behaviours which govern how teams work together. It’s also an influential factor when it comes to people’s engagement, productivity and satisfaction levels. However, if you ask us, organisational culture is a double edged sword that can either be your competitive advantage or Achilles heel. Culture is the reason why one company’s profits are soaring and another is in the news for absolutely all the wrong reasons. Many leaders will say that they have a great business culture. However, when you scratch below the surface, there’s a level of simmering dysfunctionality with a lack of honest communication, innovation and accountability. Interestingly, there are currently more leaders getting their cultures wrong than right. You only need to look at the Society of Human Resource Management’s ‘The High Cost of a Toxic Workplace Culture’ report which found that: 1 in 5 people quit their jobs due to a toxic culture Staff turnover has cost organisations as much as US$223 billion over the last 5 years If you want culture to be the reason why your business succeeds, here’s everything you need to know to […]