
Executive search and leadership consulting firm, Heidrick & Struggles recently came out with an interesting infographic on organization culture.
Selected notes from the infographic:
* Companies with stronger cultures also have stronger financial results.
* Organizations with a high trust culture are 50% more productive, 76% more innovative.
* Strong cultures don’t happen on their own. They’re the result of active cultivation. 70% of change initiatives fail due to cultural resistance.
1. 49% of CEOs found focusing on culture “significantly improved” financial performance. 71% of CEOs view culture as a top-three influencer on financial performance. CEOs and Board of Directors must be visible active culture drivers.
2. Highly aligned companies grow revenue 58% faster. Align on purpose, strategy, structure and culture.
3. Only 13% of employees perceive their leaders to be effective communicators. Equip leaders to deliver a consistent message that explains the “what, why, and how” of the culture journey.
4. Employees will encounter your message 3-5 times before it resonates. (In my personal observation, it’s more). Activate a culture plan that engages people.
5. 92% of highly engaged workers feel listened to in the workplace. Measure progress and adjust (culture dashboard, metrics).
How could you make your organization and team culture stronger?
Source:
Infographic; 5 Ways To Activate Your Culture To Drive Performance; Heidrick & Struggles.
Leave a Reply