The Importance of Company Culture
Research has consistently linked a strong organizational culture to high employee retention, productivity, and company profits. In fact, many executives believe that improving their organization’s culture would increase the value of their company. What is workplace culture, and how do you start to build a stronger one? Improve your workplace’s culture and move toward a growth mindset with NLI.
Let’s Define Workplace Culture
Workplace culture consists of shared everyday habits and ideologies that contribute to how your work affects your employees. While many companies focus exclusively on building workplace culture in the office, it also encompasses your digital work and communications. Your workplace culture involves:
- How leaders listen to their teams.
- How meetings are structured and run.
- Whether employees can share ideas easily and openly.
- Digital culture and expectations for remote workers.
- Physical spaces that support your employees (nap pods, restaurants, etc.).
Since the COVID-19 pandemic, many companies have found it beneficial to strengthen their culture because it helps their employees connect across the distance. This effort creates a more positive work environment and causes your workplace to improve employee retention and productivity.