Organizations are continuously looking for ways to cultivate the “perfect company culture” so no employee leaves dissatisfied…
Company culture is the set of behaviors that determine how things get done at your organization. When company cultures are particularly high-performing, they can impact all corners of the company. Increased engagement, productivity, and retention are all outcomes of high-performance work culture. For example, job turnover at organizations with strong cultures is 14%, compared with 48% in companies with poor cultures. So, what does a high-performance culture look like? Read on for the answers.
What is a high-performing culture?
Before going further, let us first understand what exactly is high-performing culture. An organizational culture where employees dedicate themselves to achieve the targeted goals and objectives without hindering productivity and morale is defined as high-performing culture.
A high performing culture should always have a set standard that is tangible and more realistic. It should be more about driving productivity without limiting satisfaction, which will eventually help an organization in the long run.
Qualities of a high-performance culture
Healthy company culture has certain qualities more than a standard set of attributes. Let’s dive in.
1. Embrace a change mindset
It all starts with a shift in mindset. An organization should be willing to change their mindset and behavior that defines the culture. To lead successfully, the CEO and team leaders should transform their mindset that is central to growth and innovation. They should think big and be ready to be pushed outside of their comfort zone.
2. Team Backup
The right tone for the company starts with having a strong team backed up always. Everyone is actively standing together to back each other up. In case any problems arise, they speak up together, they work together when they have backlogs and they value each other’s inputs and solve them together.
3. Empower people to make decisions
As a leader, to foster good company culture, one should employ their employees to empower themselves. Organizations with high performing cultures should motivate employees to make decisions and act upon their choices. You have to trust their decision-making abilities to solve problems.
4. Strategy to improve continuously
A high performing company has to keep in mind to make sure people constantly strive to improve their performance, work better, and eliminate overload. Focus on gauging progress and always work to be better.
5. Empowered leadership at all levels
Richard Branson of The Virgin Group said, “Take care of your employees and they’ll take care of your business.” And how would you take care of your employees? The big part involves allowing them to be in control of their life at the company. To let them have control over their experience at the company. And those who support this have a good culture.
How Do I Create a High-Performance Culture?
To help organizations create a strong company culture, CultureIQ recognizes 10 measurable qualities of high-performance cultures (in no particular order):
1. Collaboration — Employees cooperate, share, and work well together.
2. Innovation — The company encourages new ideas, and individuals can move ideas through the organization.
3. Agility — The company responds and adapts to opportunities.
4. Communication — Employees send, receive, and understand the necessary information.
5. Support — Employees provide each other with the resources and guidance they need to be successful. They’re confident in company leadership.
6. Wellness — The company has the policies and resources to help people maintain physical and mental health.
7. Work Environment — The company has a comfortable workplace where people have the resources to be effective in their work.
8. Responsibility — Employees are accountable for their actions and have the independence to make decisions regarding their work.
9. Performance Focus — Employees know what determines success in their role, and they are rewarded or recognized for achievements.
10. Mission and Value Alignment — Employees know, understand, and believe in the company’s mission and values.
The characteristics of a high-performance culture at any company give many cues about the behaviors and mindset of the individuals within that company. If you recognize that there are characteristics of your company culture that differ from that of a high-performance culture, it is a signal to develop and execute a plan that will transform the culture and help employees adjust their behaviors in support of sustainable, high levels of performance in the organization.
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