Refresh or Reset Corporate Culture?
Your culture can either help or hinder your business and people strategies. The combination of COVID, the great resignation, and high inflation has caused many leaders to focus on their organizational culture. Have you assessed the current state of your corporate culture to know where you stand?
The Importance of Corporate Culture
Our organizational alignment research found that workplace culture accounts for 40% of the difference between high and low performance in terms of revenue growth, profitability, customer loyalty, leadership effectiveness. and employee engagement. Recognizing the importance of workplace culture in terms of business and people performance, now is a good time to check in on how things get done in your company to see if you need to refresh or reset corporate culture.
3 Steps for Leaders to Reset Corporate Culture
Here are three steps for leaders to take to reset corporate culture.
The Bottom Line
Culture matters—a lot. Make sure you regularly examine the “real” state of your culture so you can maintain high performance and tweak it as necessary. The best company cultures are healthy, high performing, and aligned with the overall corporate strategy. This allows employees and the business to perform at its peak.
To learn more about how to reset corporate culture as a leader, download The 3 Levels of Culture that Leaders Must Align with their Strategy
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