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Published byOctavia Simpson Modified over 5 years ago
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Vampires vs Saints – The Battle for Your Corporate Culture
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Our discussion today Defining Culture & its Impact Culture components
Recognizing culture deficiencies Culture Vampires and Saints Taking Action
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Defining Culture People Demonstrated Values Accepted Behaviours
Environment Policies and practices How jobs are designed Working conditions and architecture
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What do you need from your People?
Engagement Productivity Commitment Passion
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Engagement ROI Operating Income
Companies with low engagement scores earn an operating income 32.7 % lower than companies with more engaged employees. Similarly, companies with a highly engaged workforce experience a 19.2 % growth in operating income over a 12-month period.
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Engagement ROI Profitability & Attrition
Engaged companies grow profits as much as 3X faster than their competitors. Highly engaged employees are 87 % less likely to leave the organization.
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Culture Components Vision & Mission Statements
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Culture Components Reward Systems & Measurement Praise and forgiveness
Entitlements, or not Visible symbols
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Culture Physical Work Environment & Lighting Office layout & colours
Furry Creatures Fun & Games Healthy and Safe Social interaction
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Culture Corporate Memory & Mythology Storytelling Orientation
Town Halls
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Recognizing Weak Culture
Turnover Profitability Engagement Excessive absenteeism Weak or indifferent relationships
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Cultural Vampires Not always visible
Drain the energy from your good people Convert others Black plague
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Cultural Saints You wish you had a million of these Embody values
Deliver results People look up to them
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Strengthening Culture
Informal: Employee Conversations Formal: Employee Surveys Focus groups Fireside chats Exit surveys
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Taking Action Quick Wins Vanquish your vampires Visibility of Leaders
Praise the saints
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