Building a Healthy Culture
Staff engagement has become front of mind for many organisations. Research confirms that employee engagement is a major predictor of business success, yet engagement is on the decline, and for many businesses’ this spells disaster.
A significant proportion of workers today, estimated to be more than half of all in the workforce are not engaged or are completely disengaged at work. This growing divide in engagement is costing businesses across the globe billions of dollars in lost productivity every year. So what do we do about it?
Let’s start with the drivers of engagement. Amongst the research, three key factors that motivate staff engagement stand out:
- Meaningfulness, and
Collectively these factors help create a healthy work culture. A healthy work culture has a direct impact on the level of engagement, which in turn affects productivity and the sustainability of a business.
Creating an environment conducive to a healthy work culture require attention. Work culture does not exist in a vacuum isolated from other aspects that make up an organisation. Culture is both an influencer and is influenced by these drivers, so creating a healthy culture requires a symbiotic relationship. One cannot exist without the other.
So what does it take to build a healthy culture? For starters, it requires an environment where the physical and psychological wellbeing of all your staff is respected. Second, staff must have a sense of purpose in the work they perform. Even sweeping the floor has a purpose. Finally, staff must be able to connect with and impact on the common good, not just the bottom-line?
Business leaders need to pay attention, especially those with a focus on profit above all else. Chances are, they’re the ones cutting off their nose to spite their face.
The past few years has seen the most dramatic levels of disruption than in any other time in history. Anyone not dialling into the current state has his or her head firmly stuck in the sand. It is during these challenging times that smart leaders look to harness the discretionary efforts of fully engaged staff, asking for that little bit more from their team. These leaders are the ones that are maintaining a healthy culture and are reaping the rewards.
The world’s top-performing companies understand that engagement is a force that drives performance and speak of engagement and results in the same breathe. They know engagement is more than a human resources initiative; it is a strategic imperative. Fully engaged staff are more productive, period. They are more customer-focused, more results driven and more profitable.
This is highlighted in the results of an Australian study commissioned by Google that found that by creating a collaborative culture there is a direct impact on performance. Collaboration helps improve the quality of work by up to 75 per cent, it has a ten times increase on job satisfaction, a 33 per cent increase in efficiency and most impressively it has up to a two times increase in profitability.
Imagine, just by creating a connected and collaborative work culture, you have the potential to double profits!
Creating a healthy culture needs talented, aligned, connected and fully engaged staff. Business leaders need to commit to engagement and arm their workforce with all the necessary tools to enable engagement to thrive.
Doing this will lead to a dramatic increase in productivity, help reduce running costs and a most important; you will have a happier, healthier and more sustainable business.
If you would like to develop strategies that help you build a healthy culture or you would like to have a chat about how to engage your team, just get in touch. www.gobeyond.com.au