The World’s #1 Executive Coaching and Business Coaching Blog (2017-2021)
Establishing and Maintaining A Positive Corporate Culture In Today’s Business World
Company culture is typically defined by the values and mission of the organization itself, and the company managers attempt to instill this culture within their employees so that everyone is on the same page, striving for the same results.
Having a powerful company culture is a significant factor when it comes to the success of a company. On the other hand, having a negative culture can damage a business and lead to a high turnaround with employees.
Many companies define their company culture by setting a group of core values that the company strives to live by day-to-day. Some of these values may include stability, innovation, team collaboration, strong morale, positive rewards, constructive feedback, and proper delegation of tasks.
Establishing The Culture
In many cases, the founders or owners of the company set the original core values based on their own experiences and beliefs. However, these values often are adjusted as time goes on, and the company experiences changes in various aspects.
A lot of the responsibility of maintaining positive company culture is up to the team leaders and upper management. It is up to them to be positive role models and portray the core values so that other colleagues follow suit accordingly.
Ongoing training, growth, and development are extremely important as well when it comes to maintaining positive company culture.
When employees are happy and feel valued, they produce high-quality work and are even more passionate about the company and the company’s values and overall mission.
Rewards, Recognition, and Constructive Feedback
Another major area of a positive company culture involves both positive and constructive feedback for employees.
If an employee does an exceptional job on a specific project or task, acknowledgment and rewards encourage that employee to keep up the good work. Whereas, if an employee is struggling with a project or task, it is important for their superiors to provide constructive feedback and proper training so that the employee can continue to improve in the respective area they may be lacking in.
There is no doubt that company culture is an essential component for the success of an organization, and it should not be ignored by any means whatsoever. Leadership training programs and executive coaching programs often assist with showing superiors in an organization to create a rewarding, yet challenging, company culture – where retention is high and employees are happy and driving results.