150,000 Little Things: Defining and Sustaining a Strong Corporate Culture
Joanna Knight OBE
Group CEO at Moneypenny, driver of business growth, leader of empowered and passionate people, champion of creating stronger communities and supporter of future business leaders.
Company culture is defined as the shared values, attributes, and characteristics of an organisation. That was simple enough. Go beyond the definition however and the waters begin to muddy as you look to define the attitudes and behaviours of a company and its people, the way they interact, their values, and the choices they make.
It is thousands of little things, cemented in unspoken mindsets and social patterns. It can be so complex to comprehend that leaders – even the very best – relegate it to a secondary business concern. Taking the hard road in business, as well as life, can be uncomfortable and time-consuming but persevere and you will open up to extraordinary things. It is effortless to take the easy way out and hand company culture over to the HR department, for example.
Culture and leadership are inextricably linked and should be treated as such. Yes, it is complex, but culture is not just about printing out a mission statement and posting it in the canteen. It is the expressed stated culture symbiotically working alongside the actual culture, how people really interact within the organisation.
Get it right and the result is a strong, resilient culture, one where all people are in tune with the values and goals, and they are reinforced in every action that is taken. Get it wrong and you create a disconnect due to a lack of understanding and buy-in, resulting in a weak culture.
But why is strong company culture so important?
Because it impacts the overall health of your organisation, your people, and your customers. A strong company culture increases employee engagement decreases employee turnover and can improve recruitment, all factors which work together to provide happy, satisfied employees who in turn are more motivated, work harder, and will improve organisational productivity and performance. It is good business, and it is good for business on all levels.
Just as Rome wasn’t built in a day, a strong culture cannot be created with the wave of a hand. It is a huge task, especially if your organisation has lost its way over the years and you need to re-align, but dedicating the time and effort to prioritise company culture which is true and real will drive your organisation forwards for all the right reasons.
Attitude versus aptitude.
People are an organisation’s biggest asset and the biggest influencers on your company culture. The impact the right – or wrong – person can have on your company is tremendous, believe me. As an entrepreneur, you can create the most inspiring company in the world, but if your team doesn’t share those same values this ethos (culture) will soon disappear.
Instead of focusing purely on aptitude, it is important to switch attention to attitude, in line with your organisation values and beliefs. Prioritise the attributes that are most important to you, and to your business. If you don’t shape your company culture, it will inevitably shape itself – and you might not like what you end up with.
I was one of Moneypenny’s first employees, now I am Group CEO. The founders gave me the respect and flexibility to grow to where I am today. I remember at the interview stage that it blew my mind what they were telling me about their people-centered business model and that it wasn’t just a sales pitch, it was actually true. It made me want to be a part of it. That is what I am talking about.
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What are the essentials for nurturing a strong company culture?
Communicate. There is a lot to be said for true listening and learning. Not simply hearing what a team member is saying but taking notice and acting on what they are saying. Being honest and open is key for a leader as is being authentic and delivering on your promises. Strong cultures that have been nurtured allow the creation and delivery of effective solutions. The business world acknowledges agility as a key success factor for the future, only by empowering, listening, and then quickly adapting to your people and the outside world will organisations be able to achieve this.
Being open and honest in any organisation is important. As is being authentic. As a leader, you should be able to share how you are feeling and how things are going clearly and without fear. You do not always have to have the answers, being an effective leader doesn’t mean that or that you can’t share how you feel. What communicating with transparency does mean is being clear about what you know, what you are planning, and what it means for people, in a way that your audience will understand.
Empower your people and take a step back. Your brilliant business is only brilliant because of your brilliant people. That’s my mantra and it is one of the earliest leadership lessons I learned.?
If you empower teams to make mistakes, be brave and put aside anything that would hold them back, you are creating the perfect environment for them to come up with powerful ideas that could change the way you do business better. People naturally want to feel empowered so all you have to do is give them the platform. It is about responsibility, trust, listening, purpose and self-improvement. And it can create a more connected culture.
Look after mental wellness. Being a good leader isn’t just about creating a safe work environment for your teams, it is about creating a safe environment. Full stop. People naturally respond anxiously to uncertainty however well prepared they may feel that they are. Furthermore, with remote working looking like it will be a strategic business opportunity in the future, recreating the office environment and those watercooler moments will be essential.
If you work at Ferrari pace, then you should also have Ferrari brakes. By that I mean, know when to stop and when to have some fun. As adults we spend over half our lives at the office, so making work a place people actually want to go is a no-brainer.
Without your good mental health, you cannot lead and without your team’s wellbeing, they cannot support you.
Be Optimistic. Effective leaders have a certain and unfaltering optimism. Thinking outside of the box for a unique solution or seeing a new business opportunity in the midst of a crisis, for example, is what makes you an effective leader. But don’t be blinded by the optimism. Yes, your team and your co-leaders need to buy into your path for the business, your belief but it needs to remain realistic, agile, and open, acknowledging bumps along the way and learning every step of the way.
Company culture is the sum total of an organisation’s attitudes, values, and characteristics. But capturing it in a neatly wrapped-up box is harder to do. Ask your people and it will mean different things to each of them. It is the thousands of little things that make it unique, from the wow moments to the handwritten notes from your CEO, from the free socks to Zoom calls with a goat and amazing parties (virtual and live!) and turkeys and nut roasts at Christmas.
There is no one size fits all solution, but a strong culture is an acknowledgment that people are an organisation’s most important asset, guiding your culture and business to success for years to come.
First Published by Association of MBAs, July 2021.
Photography from top: Photo by?Elisabeth Pieringer ?on?Unsplash ; Photo by?Hello I'm Nik ?on?Unsplash
Specialist Occupational Health (Complex Case Management) Physical and Psychological Health.
3 年Corporate Culture for the coming decades will be defined by physical and psychological health (Parity of Esteem)….. Organisations will thrive or fail to survive in their decisions……
I work with Developers in Yorkshire sourcing land and selling new homes.
3 年Great article Jo! ????