"How can I instill our company culture in our leaders and managers in ways that are not only trainable and sustainable but improve our productivity?"
The personality of a company
“We believe that it’s really important to come up with core values that you can commit to. And by commit, we mean that you’re willing to hire and fire based on them. If you’re willing to do that, then you’re well on your way to building a company culture that is in line with the brand you want to build.” – Tony Hsieh, CEO, Zappos
A COMPANY CULTURE
Employees’ overall ratings of their company’s qualities, like collaboration, work environment, and mission and value alignment, are 20% higher at companies with strong cultures. - Culture IQ
Company culture is essentially the personality of a company: how employees behave in the company and how the organization gets things done. Company culture consists of company values, vision, beliefs, and habits. The most important part of any company is the people. So when work culture isn’t great, company performance also suffers.
According to Forbes, culture has to do with “company vision, values, norms, systems, symbols, language, assumptions, beliefs, and habits.” Company culture is something that exists in your company’s DNA, not something that employees bring with them.
Some companies, for example, have a very team-oriented culture with participation from workers at all levels whereas other companies have a more formal and traditional work culture. Other companies--like Google--have an informal and comfortable culture. Whatever your company culture, it matters to the overall performance of the company.
The values, norms, systems, symbols, language, assumptions, beliefs, and habits that companies build up over time. -FORBES
Of employees at winning company cultures who express confidence in company leadership
Of executives believe their companies are driving the ‘right culture’
Of employees who feel that their senior leadership listens to employees.
< 1 in 3 executives say they don’t understand their company’s culture
Of executives believe a distinct workplace culture is important to business success
Of employees believe a distinct workplace culture is important to business success
Of respondents to this survey believe that culture is a potential competitive advantage
Highest cumulative returns for 13 companies that have appeared on Fortune’s annual 100 Best Companies to Work For list every year
Creating a culture of engagement requires more than completing an annual employee survey and then leaving managers on their own. It requires an organization to take a close look at how critical engagement elements align with their performance development and human capital strategies.
Increase in revenue growth for companies with strong cultures
HIgher Employee Engagnement
24% Less Turnover
14% Increase in Productivity
BETTER CUSTOMER OUTCOMES
10% Higher Customer Ratings
20% Increase in Sales
PROFITS & SUCCESS METRICS
4X Success Rate
21% Greater Profitability
Nearly 1 in 5 employees reported that their companies don’t formally measure employee engagement at all - Deloitte
of organizations still only measure employee engagement annually, despite the emergence of tools to do so more frequently
Deloittof respondents said they measure employee engagement on a monthly or more frequent basis
of companies report that they’re prepared to tackle the engagement challenge
THE POWERS DIFFERENCE
CultureWorX gives leadership both the process and platform to implement the desired management behaviors that deliver on the corporate values and culture. It is uniquely designed to overcome the cultural gap by establishing the cultural connections where the right management behaviors, communications, and interactions occur to deliver strong engagement, trust, and respect, resulting in better operational results.
Operational Culture resources
We've implemented a series of short and informative videos designed to improve, optimize, and sustain the performance of your organization. Sean Hart, CEO of POWERS, tackles productivity topics like Set-Up, Start-Up, Shut Down and Optimizing Hourly Performance. Donte Vaughn, our Vice President, Organizational Leadership & Culture, covers how your company's culture impacts performance. The objective is to deliver high-value microlearning you can use today.
READ FURTHER INSIGHTS FROM POWERS
WE DELIVER CRITICAL PERFORMANCE IMPROVEMENT FOR MANY INDUSTRY LEADERS IN MONTHS, NOT YEARS.