Should You Assess Your Company Culture?
We think you that should assess your company culture if you are not performing at your peak or if you are undergoing shifts in strategy, leadership, or people.
Just Like Everyone Has a Personality, Every Company Has a Culture
Personality is a conglomeration of characteristics or traits – the way individuals think, feel and behave. For example, some people are naturally sociable and friendly; others, as in the cartoon, are anti-social and irritable.
In an organization, corporate culture is the way employees think, feel and work. It is how things get done. A company’s “personality” or culture includes the values and assumptions that influence key business practices and behaviors. It is often best exemplified in company leaders and in who they choose to hire, fire, and promote.
Workplace Culture Matters
No longer just a nice-to-have, corporate culture has become integral to a company’s success. When your culture aligns with your business strategy and when you hire talent that fits with your desired culture, you will outperform your peers. In fact,
How to Assess Your Company Culture
If corporate culture is so important, we should have some way to measure it. Only then can we know how well positioned we are in the marketplace vis-à-vis the competition. To assess the viability of your culture, we offer four aspects of culture that lend themselves to a system of metrics:
Mission: Powerful mission statements lay out the organization’s business and fundamental purpose in a manner that is short, believable, relevant and achievable.
Values: Meaningful corporate values describe your fundamental beliefs that guide your most important decisions and actions.
If you want to get a sense of your corporate culture, start by determining if employees understand, believe in and are committed to your vision, mission and values. Check around and ask your employees from one end of the enterprise to the other. If there are gaps, there will also be holes in the culture you are trying to create.
Do your people know where they stand?
The Bottom Line
Strong cultures help companies perform. Assess your company culture regularly and keep track of how your culture is developing because it matters.
if you want to see if your culture is aligned with your strategy, download Do You Have The High Performance Culture Required to Drive Your Strategy Forward?
Download key published insights and tools from industry experts highlighting best practices in the areas of talent, strategy and culture.
Want to know how you stack up against leading organizations? Receive a complimentary benchmarking analysis courtesy of an LSA Expert.
Get up to speed on timely solutions critical to your business. Published by LSA Experts based upon client feedback and key industry trends.
First we identify the key metrics you want to improve. Then we assemble a dedicated team of elite experts who have successfully solved similar problems with similar clients.
Stay up to do date with the latest information on how we help high growth companies align their culture and talent with strategy.
Real world consulting and training approaches from LSA projects, providing insights on how your company can outperform the competition.