The Right Culture Gets The Rights Results
It’s not just our intuition…there is growing proof that the right culture can have a significant positive impact on your bottom line. So if you are hoping to increase performance, take a close look at the prevailing culture at your organization.
The Definition of Corporate Culture
We define corporate culture as how things truly get done on a day-to-day basis. It can be measured by understanding the way people think, behave and work.
The Right Culture Research
The Correlation Between The Right Culture and Business Performance
More leaders are learning about the strong correlation between high performance corporate cultures where employees are productively and satisfactorily engaged and the financial returns of these companies. The question is: What is it about these great places to work that keeps their employees happy and committed to them?
In other words, what does the right culture of high engagement look like?
Four High Performance Culture Factors
Here is what we have found are the factors that support a high performing culture where workers are fully engaged and challenged:
1. It’s First and Foremost About Healthy Levels of Leadership and the Organizational Trust
It is difficult, if not impossible, to create a high performance culture unless you have high levels of leadership and organizational trust. You will know you are on the right path to high levels of leadership trust when employees have confidence that leaders are setting the right direction, willing to make the changes required to succeed, following through on decisions, and are effective at building trust-based relationships.
You will know you are on the right path to high levels of organizational trust when employees have confidence that the organization as whole is on the path to success, focused on the right priorities, and is truthful and honest with all internal and external interactions.
2. Next, It’s Having Strong Strategic Drivers – Vision, Mission and Values
When the company exists for a reason beyond just the profit motive, employees can identify with and commit to a greater purpose than just clocking in each day. When employees know how they contribute to the overall purpose of the organization and believe in that purpose, they report being more committed to its success. Make sure your:
3. And Don’t Forget The Role Leaders Play In Creating a Positive Environment
Great leaders set the stage and embody the behaviors that strengthen and reinforce the strategic priorities and desired corporate culture. They model open communication, integrity, an attitude of continuous learning, and a genuine concern for the well-being of their employees. When the company leadership exhibits and values desired behaviors, they will more easily cascade down through managers to teams and to team members.
4. The Final Piece Is How You Recognize and Treat Specific Behaviors
Strong corporate cultures are best represented by their highest performers. And the highest performers (in terms of results and desired behaviors) should receive the commensurate share of the recognition and rewards. Conversely, under performers (in terms of results and behaviors) should be helped to improve or to move on in a timely and compassionate manner so you can consistently maintain high performance standards.
The Bottom Line
Don’t underestimate how the right culture can make or break your company’s success.
To learn more about creating the right culture for your unique strategy, download How to Build a High Performance Corporate Culture Whitepaper
A Meaningful Company Mission Matters
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Barry L. Byrd, SPHR
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Kim Silva, CFO
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Fortune 500 Financial Services Company
Director of Infrastructure & Technology
We have worked with LSA Global for our learning and development needs and have always had great success. They helped us recently with customized Management Workshops that we held for the second time. It was fantastic, and I would highly recommend LSA to anyone that is attempting to get immediate and impactful improvements.
HR Manager, BU Radiology Informatics
VNUS Medical has been very pleased with the effective management development programs that LSA Global has delivered for us over the last four years. The programs have been universally facilitated by experienced and best in class instructors. The knowledge gained by our management team has been put into practice very quickly. VNUS is very happy to be working in partnership with LSA because they consistently deliver excellent programs that receive exceptional feedback from our management team.
Cindee Van Vleck
Director Human Resources
I’ve partnered with LSA Global at two companies now, and I consider them a valuable and trusted training and consulting resource. They recommended just the right solution to address our management development needs and have wonderful facilitators that match YuMe’s culture and style of our management team. I would highly recommend LSA Global to any company wanting to deliver quality learning solutions with a valuable learning and development partner.
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VP of Human Resources
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Kelly Warren, SPHR
Director, HR & Compliance
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