In the fast-paced world of business, where every decision impacts the bottom line, organisational culture emerges as a pivotal force, it can either propel a company to new heights or impede its progress.
How do leaders ensure an organisational culture drives peak performance?
At Think Organisation, we don’t just recognise the importance of organisational culture; we specialise in transforming it to unlock peak performance.
Our approach is not just intuitive; it’s backed by science and evidence-based interventions that deliver measurable impacts on business, productivity, and profit.
The Power of Organisational Culture
Organisational culture isn’t just a buzzword; it’s a game-changer.
Over recent years the number of business leaders referring to culture has increased exponentially, with publications increasing in leading business publications.
According to a study by Deloitte (2019), 94% of executives and 88% of employees believe a distinct workplace culture is crucial for business success. This increased significantly during the pandemic, where a sense of belonging became more important during remote working.
Belonging in the workplace is where an individual feels accepted, or even treasured, for their uniqueness.
A sense of belonging is one of the top three reasons employees give for leaving an employer, despite employers not quoting this in their top ten reasons why people leave (BPW, 2020). This research is supported further by BreathHR (2021), whose data showed almost a third of people are quitting their jobs due to poor workplace culture. The cost of this is currently estimated at £23.6bn every year.
How can Think Organisation help transform your culture?
Our team at Think Organisation boasts a rare blend of skills, combining advanced knowledge in business psychology with a profound understanding of Organisational Culture. According to a report by Harvard Business School, companies with a strong and adaptive culture show a 4x increase in revenue growth. Our unique expertise positions us as architects of culture, dedicated to reshaping and revitalising your organisation for sustained success. We use a wide selection of interventions including workshops, executive and CBT coaching, psychometric measures, surveys and behavioural observations.
The Science Behind Our Interventions
What sets Think Organisation apart is our commitment to evidence-based interventions. According to a survey by the Great Place to Work Institute, companies with a strong workplace culture see a 65% decrease in employee turnover. Our strategies are not just theories; they are rooted in the latest advancements in Business Psychology and Organisational Science, ensuring we partner with you to create a workplace that attracts and retains top talent.
Proven Results
Our interventions are not mere conjectures; they yield tangible, measurable results. A study by Gallup found that companies with engaged employees outperform their counterparts by 202% in terms of profitability. Our clients witness a more engaged, innovative, and resilient leadership team, leading to a positive impact on the bottom line.
Building a Culture of Excellence
At Think Organisation, we partner with your leadership team, to build a culture of excellence within your company. Research shows that companies with a strong culture see at least a 20% increase in productivity. Our interventions are designed to align seamlessly with your organisation’s goals and existing culture, ensuring a harmonious transformation that positively impacts productivity and efficiency. Recent clients have enjoyed in excess of 400% ROI, due to significant productivity gains, and sustainable improvements including higher employee engagement (e.g. NPS) and lower costs (e.g. sickness).
Develop Continuous Learning for Sustainable Growth
Organisational dynamics evolve, and so should strategies for success. A study by the Boston Consulting Group found that organisations with a continuous learning culture have a 37% higher employee productivity rate. Our commitment to continuous learning ensures that our interventions are adaptive and future-proof, setting the stage for sustained growth and resilience in the face of change.
Why choose the Think Organisation?
- Specialised Expertise:
- Our team brings a depth of knowledge in Business Psychology and Organisational Culture, offering a perspective that goes deeper than the surface.
- Proven Methods:
- Our interventions are grounded in evidence-based practices, ensuring that every step we take is backed by science.
- Transformational Approach
- We don’t settle for incremental change; we drive transformation that reshapes Organisational Culture from its core.
- Measurable Impact:
- Our results speak for themselves, with improvements in performance metrics, profitability, and a more robust, engaged leadership team.
In conclusion, if you’re looking to elevate your organisation to new heights and witness tangible impacts on productivity and profit, Think Organisation is your partner in transformative success. At Think Organisation, we architect cultures that embody professionalism, excellence and resilience. Our methodology is bespoke, evidence-driven, and anchored in executive pragmatism, aligning closely with your company’s aspirations.
In the meantime, here are five top tips that you can focus on in any organisation to improve organisational culture and deliver peak performance.
Top five strategies to improve culture
1. Improve your communication
Foster open and transparent communication channels with others and across the organisation. Start with your own behaviour. Encourage regular dialogue between leadership and employees, promoting a culture of trust and collaboration. Effective communication ensures that everyone is aligned with the company’s goals and values, fostering a sense of belonging and purpose. Ensure employees feel psychologically safe asking questions, making suggestions and sharing ideas through authentic encouragement.
2. Relevant recognition and rewards
This does not have to cost anything, saying thank you is free. Implementing a culture of recognition and appreciation to acknowledge employees’ contributions and achievements is fundamental. Being consistent, fair and transparent is key. Tailoring recognition and rewards to individuals helps drive a high-performance culture. Simple gestures such as expressing gratitude, providing praise in public if suited to the individual, or celebrating milestones can boost morale, motivation, and overall job satisfaction. Employees who feel valued and feel they are a part of their culture are proven to lead to improved performance.
3. Employee Development
Empowering employees to develop increases employee tenure. Invest in employee development and growth opportunities. Provide training, mentorship programs, and skill-building workshops to empower employees to reach their full potential. Supporting professional growth not only enhances individual performance but also strengthens the overall organisational capacity and resilience.
4. Empowerment & Autonomy
Delegate responsibility and empower employees to make decisions autonomously within their roles. Encourage innovation, creativity, and problem-solving by granting individuals the freedom to experiment and take ownership of their work. Empowered employees feel valued and engaged, leading to increased productivity and initiative.
5. Foster a positive work environment
Cultivate a positive and inclusive work environment where employees feel safe, respected, and valued. Support employees to have a positive work-life balance, flexibility, and promote well-being initiatives proven to support employees’ holistic needs. This does not just mean yoga at lunch! A positive workplace culture enhances morale, reduces stress, and fosters stronger interpersonal relationships, ultimately driving peak performance.
By prioritising these strategies, leaders can effectively improve organisational culture and drive peak performance without incurring significant costs. These initiatives not only benefit employees but also contribute to long-term organisational success and sustainability.
Think Performance. Think Excellence. Think Impact.
Adapted from an article originally published Linked In, December 4th, 2023.
