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Impact of Culture on Business


Does culture drive the success of Business?

Yes! A strong work culture is the key to success in business
Culture at workplace begins from the time of inception of the business idea. The founders set the tone of the culture. At the beginning emphasis is towards making the business workable, finding the first set of customers and validating the business idea. The common goal of the founders along with the initial team members who join them will be towards the evaluation of solution of the product or service.

After the initial acceptance by the customers and the solution becomes a payable solution, the aspects of building the business is initiated. While the strategies are being devised and the organizational goals are set, it is important to take the steps towards culture building.

Steps towards building a strong work culture

Working in Unison:
Companies set goals for the organization. To achieve these goals strategies are designed. Each strategy has a set of team members working towards it. For example if a financial goal of “X  millions” is set for a certain duration . The number of units of product or service to be delivered to customers is arrived.  Then the different teams (operations team, marketing team, sales team etc) which will work towards achieving this goal has to be identified. Each team will have its own individual goals to achieve the financial goal. Focus towards execution of individual team goals should align to organizational goal. All the people in the organization need to feel the same connect to give their best every day and work towards the common objective. That is when the entire organization works in unison.

Sense of belonging
To work in unison, a sense of belonging has to stem from within in every member of the organization. An environment where the team members feels valued and respected and express their honest views regarding suggestions. Listening attentively when the views are expressed by team members makes them feel inclusive. Recognizing and highlighting the small wins shows that the value add is being appreciated. The sense of belonging feeling makes team members happy at the workplace. This can be seen in the performance and the level of contribution.
Shared Values
Each team member comes with a set of values which are the personal core values. Every organization has its own set of values called the company core values. When the personal core values of team members get matched with the company core values then there is high level of commitment. The retention of team members is also high as they feel connected. When there is alignment of values, there is ownership to the vision of the company. These values of the company speak what the organization stands for. Prospective customers also look to do business for organizations with strong values as it would align with their values as well.
Culture is an agreement which is learned and followed by example.  It begins with the founders and leaders “living the values” on a day-to-day basis and walking the talk. The existing and new members see the implementation and align automatically. What a person does speaks more loudly that what a person hears. The culture of respect builds the culture of trust which leads to collaboration and co-operation across the business.

Stick to Implementation

The culture has to be lived everyday by every member in the organization. Implementing it needs constant communication as it can be easily overlooked to meet deliverables. Identifying teams or individuals demonstrating the “live by example” at regular intervals is an inspiring way to build the culture.

A strong work culture impacts the business successfully and shapes the individuals who are a part of such organisations. Whenever there are ongoing changes and challenges for the business, a strong culture helps them to tide the situations smoothly.

Comment below on your thoughts. Watch this space for more insights. If you would like your workplace culture to be featured in “joyful-workplaces” blog, do feel free to write to us. Our editorial team would be happy to get in touch. Write to us joyworkshop@hasovan.comCatch the work-place philosophy of companies in the book “Erupt with Joy” by Savitha Hosamane.






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