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Culture is one of those things that can be hard to put a finger on. But one can't deny the impact culture can have on organizational performance. Culture is the most intangible of measures, but it can have a profound impact upon the bottom line. There has been much research into the link between financial performance and the intangible of culture. Culture is a key ingredient in how well regarded companies are to work for by their people. Research from Hewitt Associates has found that those organizations named in their Best Employers study record nearly double digit growth compared to other organizations. Not only that, but they also boast average profit growth of 21 per cent, compared to just 12 per cent for other organizations.
Organizations considered employers of choice are the one’s which stand out in the area of culture. It's always interesting to get an inside look at how people feel working for these organizations and measure that against the 'vibe' as one walks the floor. There's inevitably a link between the two, and consequently organizational performance.
It has been proven that there is a demonstrable link between culture change and profit, and some large Banks have also been making a concerted effort to initiate culture change over the past few years. Yes, it does take time and leadership from the top to effect culture change, but as those with great cultures have shown, the results are well and truly worth it. |
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Fills vital missing link |
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Unique Design |
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Hands-On Approach |
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Module Based and Flexible |
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Tailor made for your needs |
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Easy Administration |
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HR areas you want strengthened |
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Modules you want tailored |
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How you want to integrate this program |
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