What are the Seven Factors For a Great Corporate Culture?
What is culture? Who has culture? Countries, tribes, ethnic groups, gangs, military groups are a few that have cultures. They can be perceived as positive or negative, although they are cultures. Cultures are the values, vision, actions and norms that create a bond amongst the individuals of the group.
Cultures influence the way your organization acts, thinks, works and celebrates. If you get this right your employees want to be at work, people want to work for your company, job task get accomplished, and company objectives are met. Yes, your job becomes much easier if you have the right company culture.
Great cultures are created starting with seven factors:
- Vision: There are not many, if any, companies with great cultures that did not start with this critical component. In the simplest terms a Vision describes the “ideal future state” of your company. This will energize and mobilize the individuals within your company.
- Mission: The Mission describes the reason or purpose of your company; the achievements to be realized. Your Mission Statement communicates: This is our passion, we exist for this basic reason.
- Core Values: This is a series of statements that serve as a code of ethics for guiding your company. Core Values are the criterion against which you and your employees can test their current and future decisions and choices.
- A Plan: Every business and every department needs to have an annual business plan. This is not a sixty page document. This Plan can be as short as one page, it is simply important to capture the major objectives for the coming year. It is very difficult to achieve what you do not know you are looking for.
- A Strategy: Every company and every department must have a strategy for a given time frame to support the company / department plan. You do not need special strategist to put this together, we are talking about outlining the steps, for a person and the time to complete a task or series of task. It is crucially important to detail what, who and when each step is completed.
- Communications: There needs to be a platform to communicate where we are in time (a measurement) and what is needed to get the strategic steps completed. An open communications platform will ensure that all task are completed within their time frame. This could be much like a football huddle; short and to the point.
- Recognition: Our Plan, Strategy and Communications are all designed to support our Recognition program. We need to have a way to recognize our employees for the energy they have given to achieve their part of our combined success. We have read these studies many times – employees do not work money as the number one factor for being at a company. Recognition ranks far above money, it’s just easier to ask you for money than to say – I need recognition. So be sure to have a program in place to recognize your employees efforts and celebrate their success.
By embracing these seven factors of corporate culture and empowering your employees to be successful you will be able to eliminate the pitfalls of dysfunctional teams. Yu will have a working environment that will be productive, you will have high employee satisfaction and attract top talent. You will have a positive corporate culture.