A culture is the values and practices shared by the members of the group. Company Culture therefore, is the shared values and practices of the company's employees.
Company culture is important because it can make or break your company. Companies with an adaptive culture that is aligned to their business goals routinely outperform their competitors. Some studies report the difference at 200% or more.
To achieve results like this for your organization, you have to figure out what your culture is, decide what it should be, and move everyone toward the desired culture.
As different companies in different industries will have different cultures there is no pre-cooked set of cultural ingredients. Companies need to work with their mission, vision and values and have to make sure their company culture is supporting them.
And here a golden rule from change management comes into play. If you do not know where you are you should find out first to set for the right direction. But assessing the current state of companies culture has been proven to be truly difficult. The gap between the high abstracts of mission, vision, values and the true shop floor experience and attitudes can be very large.
We are proud to introduce the CompanyCultureMonitor (www.companyculturemonitor.com). This is an unique tool which supports an organisation in achieving an engaged staff and a shared state of a companies desired culture values and behaviour. The CompanyCultureMonitor enables a company to measure both the alignment between the formal company values and the support by its staff of these values and behaviours. And thus turn fact based insights into effective actions in which management and staff collaborate on moving further in company characteristics such as customer focus, teamwork, creativity, transparency, flexibility/agility to name a few.
The CompanyCultureMonitor is developed by and to be used by professionals and consulting companies in serving their clients in processes around strategic change, turnaround management, lean operations, M&A, performance improvement or any process in which the measurement of these values and behaviours are important.
The CompanyCultureMonitor can also be used on an isolated base without being part of a large scale project. Applied in this way the CompanyCultureMonitor provides a dashboard for our clients to measure both the current situation in a company or organisation and the progress made in improving the performance in certain culture values and behaviours.
The CompanyCultureMonitor is developed from many years of experience and success in measuring and assessing an organisations performance regarding knowledge management. In doing so the team behind the CompanyCultureMonitor has designed and improved tools for staff in multi-layer, multi-location, multi-department, multi-country organisations to identify and capitalize on both the explicit and implicit/tacit knowledge embedded in people within the organisation. These knowledge management tools support companies to truly measure the status and value of the knowledge base and supports organisations to truly exploit this knowledge thus delivering competitive advantage in today’s customer needs driven markets.
This same technology has now been adapted to support companies in effectively addressing the “hidden” values in a company’s culture.
Fri, 29 January