24 Nov What is good company culture?
What is good company culture?
Business is a tricky affair and it is not all about just investing and earning profits by virtue of business policies. There are tangibles attached to every business that are beyond the business usual practices and they are most important for business development. Company culture stands out among the list of such intangibles.
Company culture is basically every manner in which a company interacts with its clients, other businesses and people within a business community i.e. its employees. What defines company culture is something that is somewhat dependent upon the individual business policies and management practices. However, there are certain basics that define and affect business culture more prominently. Here are few key factors that define and affect company culture.
- Culture comes from the top. It is a well known fact that a boss is always looked at for inspiration in a well knit workplace and nothing can be closer to reality when it comes to developing good culture in a business. A team leader sets examples with his conduct and how he or she goes about performing a business related activity. It may be starting the business day early or paying close attention to details, good culture is the product of how well the “person in charge” promotes it.
- It has to be defined and not left to develop at its own. A popular misconception is that culture develops all by itself overtime. Yes! It may be true to the extent that bad practices and culture roots itself deeply over time but same may not be true for good culture. Good culture has to be cultivated carefully and nurtured over time. It has to derive from great core values of the business and must be supported by strong management influences to nourish over time. However, it may be noted that good culture may take considerable time to take firm roots but they may take a lot less time to degrade when left unattended.
- Create and support the team spirit. An indispensable element of good business culture is invariably knitting your workforce into a coherent team. Always encourage your workforce to act as a team and support the operation as an entity (rather than standalone fractions). Rewarding teamwork with good business practices is a sure recipe to developing great business culture.
- Promote feedback and positive participation. Smart managers encourage feedback and participation from all tiers in a workplace and use it as an organisational tool to develop good culture. Generating a feeling of being valued and heard is something that promotes positive input from every worker in a business and translates in dividends at the end of day.
- Bring on board that are willing to be part of the good culture. This is one of the most important elements that promotes good business culture. Having established good culture, it is important to look for people who suit and fit in the culture of your company and what you seek in future for your business. Such workforce has better potential to seamlessly merge into an existing good culture.
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