What is Company Culture?
What do we mean when we talk about building company culture? Workplace culture is the company’s shared goals and values. The culture includes how employees work together, policies, procedures, and decision-making within the company. The company culture encompasses these elements:
The Company Mission Statement
The company’s mission statement is crucial when building a healthy company culture. The mission statement sets out the core purpose and what its values are. It expresses how the company intends to reach its goals.
The Employer’s Expectations
Most employees want to do their work well and meet their employer’s expectations. The company owner and managers must ensure that employees are aware of the scope of their job duties. Employees must also understand the consequences of failing to meet the employer’s expectations.
Did You Know?
The relationship between employees and their immediate supervisor is of prime importance in the workplace. This factor ranked highest in an employee job satisfaction survey conducted by McKinsey. The majority of the survey respondents (75%) said that their boss was “the most stressful” part of their job. Employees with a bad relationship with their boss described having low job satisfaction
Organizational culture includes the principles and values determining how managers and employees perform their work for the company. It influences whether employees feel engaged and satisfied in their work or not. Benefits of a strong organizational culture include:
- Managers and employees share similar goals and agree on a plan to achieve them.
- Employees feel comfortable about asking questions and expressing concerns to managers.
- Businesses that know how to build a strong company culture attract top-notch candidates.