Episode 127: Culture by Design
Great company culture is built, not discovered.
In this week’s episode, Chief Victory Officer, Eric Guy interviews Dr. Shree Mulay, CEO of The Kidney Experts. They discuss ways leaders can create a workplace culture that is engaging and beneficial for all.
When it comes to the success of a company, one factor stands out above the rest: company culture. It is the bedrock upon which thriving organizations are built, and it shapes the destiny of every individual within its walls. In fact, successful companies boast an astonishing 85% employee engagement rate, and it should be your foremost goal to join the ranks of the most engaging employers. So, let us delve into the world of company culture, explore its nuances, and understand how it impacts the rise and fall of organizations.
First and foremost, we must acknowledge that there are two distinct types of company culture: culture by default and culture by design. Culture by default occurs when you leave the health of your workplace up to chance. It is an unintentional laissez-faire approach that can lead to a disengaged workforce and ultimately hinder the growth and success of your company. On the other hand, culture by design happens when you are intentional about the environment you create in your workplace. It involves carefully crafting a set of values, norms, and behaviors that align with your company’s vision and goals. So, ask yourself, which one describes your culture? Are you leaving it to chance, or are you actively shaping it?
To build a thriving company culture, it is crucial to take the time you need to develop a clear vision for your future. A well-defined vision serves as a compass, guiding every decision and action within your organization. It helps create a sense of purpose and direction for your employees, fostering their engagement and dedication. By articulating a compelling vision, you not only attract top talent but also inspire and motivate your existing workforce to reach new heights.
Another key aspect of fostering a strong company culture is reevaluating your performance management system. Instead of relying solely on annual employee reviews, consider incorporating quarterly reviews. These frequent check-ins provide an opportunity for ongoing feedback and development, promoting a culture of continuous improvement. By addressing concerns and recognizing achievements in a more timely manner, you enhance employee engagement, foster growth, and drive organizational success.
Additionally, as a leader, it is essential to overcome obstacles for your employees so they can be successful in their roles. Recognize that they may face challenges, whether it be lack of resources, inefficient processes, or limited support. By actively identifying and removing these roadblocks, you create an environment where individuals can thrive and contribute their best. Moreover, by showing genuine care and support, you build trust and loyalty, which are vital for a healthy and productive work culture.
In conclusion, the impact of company culture on the rise and fall of organizations cannot be overstated. Successful companies achieve an 85% employee engagement rate, and this achievement stems from a deliberate focus on building a positive and engaging work environment. Whether you have a culture by default or culture by design, it is never too late to make a change. Take the time to develop a clear vision, incorporate frequent performance reviews, and actively support your employees in overcoming obstacles. By doing so, you will cultivate a thriving culture that fuels the success and growth of your company.
Remember, everything rises and falls on company culture. Embrace the power of a strong culture, and watch as your organization reaches new heights of achievement.
Key Takeaways:
– Successful companies have an 85% employee engagement rate. Make it your goal to be one of the most engaging employers!
– There is culture by default, or culture by design. Which one describes your culture?
– Take the time you need to develop a clear vision for your future.
– Instead of employee annual reviews, incorporate quarterly reviews for better engagement.
– Overcome obstacles for your employees so they can be successful in their roles.
Quotes:
– “Accomplish more in a day without increasing your workload.”
– “Find the people that are way better than you are.”
Make this your BEST DAY YET! Learn more at resources.CenterForVictory.com.
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