What Does It Take to Build a Winning Work Culture?
A strong, vibrant workplace culture nearly always leads to high employee engagement, while a weak one usually results in poor morale, low productivity and high turnover. Why do some organizations' cultures thrive while others fail? A recent survey from CultureIQ provides some insight. The resulting report, "Building a High-Performance Culture: Key Lessons from Top Cultures for 2017," distinguishes companies that are "winners" (they score the highest on collaboration, innovation, agility, support, wellness, work environment and mission/value alignment) and "non-winners." Companies that excel remain true to their mission and values, with leadership teams that earn their employees' confidence. They often offer opportunities to learn new things, while encouraging staffers to question the status quo. These staffers are also very clear about what determines success in their roles. "Organizational culture is your company's competitive advantage," according to the report. "Two companies can have the same product, service, number of employees and perks, yet completely different cultures. By evaluating your organization's unique culture, you empower yourself to make informed decisions that can strengthen strategic behaviors in a way that supports long-term business goals. With culture as a competitive advantage, companies can function at a higher level of innovation, productivity and profitability." More than 28,370 employees took part in the research.