THE ROI OF WORKPLACE CULTURE

Executive coach John Spence says that the single biggest place a leader can positively affect a company is to create a?positive workplace culture. It has an exponential impact on revenue, and a bad, or toxic culture is one of the surest ways to see a company go out of business.

This week your ideas with impact are all about workplace culture:

REFLECT:

If your work culture isn’t thriving, our new whitepaper should have you worried. It makes an irrefutable business case for having a strong workplace culture in 2024.

The whitepaper sets out ten ways companies benefit from a healthy work culture, including these three:

• Enabling strategy - "Without the right culture you will never pull strategy off," says one expert?
• Driving innovation - Psychological safety reduces fear and unlocks ideas?
• Retaining talent - 94% stay longer with career development

Free to download now - The ROI of Workplace Culture

TAKE ACTION:

When values are clear, decisions are easy. Companies with the highest employee engagement (i.e. WD40, Medtronic) have a culture of “people first”. They live their values which include caring for their workforce, loving them, and treating them well.?

Now think about your own company values and ask yourself:

1. On a scale of 1 to 10 (10 = we live the values, 1 = we have a poster on the wall), do your behaviours match the values?
2. How well do you live the values in your company?
3. How do you use these values to support decision-making?

FOR INSPIRATION:

“Even your most jaded, cynical, negative employee wants to be part of a great culture.” – Ross Judd, Cultural Insanity