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Wednesday, November 8, 2023

5 Tips to Build A Thriving Culture

Company culture has been a hot topic among people leaders in recent years. Many executives will probably say their organizational culture is their most valued asset when considering what makes their company unique. 

While many organizations take pride in their culture, the truth is not many leaders have wrapped their heads around it. Company culture is not tangible; therefore, it is not easy to understand, measure, and iterate. 

A strong workplace culture runs deeper than having a laid-back dress code, free beverages, and team-building activities. It is about shared values, goals, and principles that drive the entire organization. 

Here are five tips on building a thriving workplace culture in your company: 

Know your company's core values  

Because your company's culture is built on the foundation of its core values, it's important to take time to assess these values. Ask yourself, are these values reflected in the existing culture? And, if not, what kinds of changes need to be made? 

Make cultural fit a priority 

While it's easy to be dazzled by a candidate's skill set and work background, your company culture should stay top of mind during your hiring process. At its core, culture is about people, and assessing any potential new team members for cultural fit will go a long way toward cultivating the kind of company culture that's in line with your business's core values and beliefs. 

Recognize the power of feedback and engagement 

Communication plays an important role in the development of a culture that properly reflects your business's vision, but growing the culture you want requires more than top-down communication. Leveraging the power of employee feedback and engagement is a key step in developing the right culture for your company. 

Lead by example  

Culture is a nebulous, intangible concept. Developing and promoting culture requires a lot more than simply telling employees what the existing culture is. Leadership and top management drive the direction of your company's culture, and this means you and your top personnel must be the culture you want to develop and maintain for your company. 

Focus on creating an environment that inspires  

Many business owners are used to being the driving force behind any new initiative their company takes. But company culture is that intangible something that springs, as its name suggests, from a deep sense of community. In other words, you should not strive to be the sole source of inspiration for your employees. 

No two organizations can have the same work culture. It is the culture of an organization which makes it distinct from others. The work culture goes a long way in creating the brand image of the organization. The work culture gives an identity to the organization. 

The culture of an organization is learnt over time. It can be taught to new employees through formal training programs but is more generally absorbed through stories, myths, rituals, and shared behaviors within teams. Organizational culture will impact positively or negatively on everything you try to do whether you want it to or not. 

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