Culture
With the pandemic flipping the narrative, many smaller business enterprises are in a position that offers them an advantageous perspective in the marketplace. With the new way to tap into a bigger customer base, there is more pressure to offer prompt delivery. Making the company culture better is among the ways to accomplish that.
Below are some steps that could just aid new and experienced companies in improving their company culture this year.
Gallup surveys suggest that high worker engagement levels could aid companies in reducing the staff attrition of them by 25% to 65%. The above statistics just shows the extent to which worker engagement is invaluable. It was related to a different corporate concept called productivity, but there is more to employee engagement than just productivity.
Work culture has undergone significant changes over the years. The relevance of remote working has increased, and it ensures smooth handling of office tasks despite the larger physical distances between the locations of the office and employees.
Exhaustion due to prolonged stress in sales is an actual phenomenon. As per LinkedIn’s data, there is about 34% annual turnover in this field. That said, exhaustion is beyond a retention issue. The task of selling is taxing, it involves much pressure, and even high performers face many problems in it.
Nations around the world saw a drastic change that occurred in only a matter of a few days. A worldwide pandemic caused a recession to occur and uncertainty started to affect business people and new businesses all over the world.
It is well understood that corporate culture is an inseparable part of today’s business. An average employee spends around 35% of their total waking hours at the office which means that the workplace culture easily affects them gradually permeating across all the parts of the organization.
It is very important to cultivate a winning culture in the company to stay competitive. However, most businesses often ignore this and let the workplace culture form on its own in the company.