The development of company culture has come a long way over the last 30 years.
From moving from the traditional nine-to-five office job to opting for flexible schedules with remote working options and an emphasis on employee satisfaction, the modern workplace has taken on a vastly different look, feel and energy.
In this article, we explore how company culture has changed over the last three decades and what it means for businesses today.
What Is Company Culture?
Company culture is a set of values, beliefs, and behaviors that define how an organization operates. It encompasses everything from the organization’s mission and management style to its work environment and employee benefits.
It is often described as the personality of an organization, as it reflects the attitudes, norms, and expectations of employees within the organization.
How Has Company Culture Changed?
In the past, company culture was often strictly hierarchical, with a strong emphasis on rules and regulations. Employees were expected to adhere to strict schedules and complete tasks in line with their job descriptions.
There was little flexibility or room for innovation. Today, however, companies have begun to recognize the importance of creating an environment where employees feel valued and empowered.
Companies are now emphasizing open communication, collaboration between departments, and a greater focus on work-life balance.
Flexible schedules, remote working options, and employee engagement initiatives are becoming more common in the modern workplace.
What Does This Mean For Businesses?
The changes in company culture over the last 30 years have had a positive impact on businesses. Companies that prioritize employee satisfaction tend to see higher rates of productivity and retention, which can lead to increased profitability.
Additionally, creating an environment where employees feel valued and empowered can help to foster creativity and innovation, which can benefit the company in a variety of ways.
How To Develop A Company Culture?
There are a number of key elements that go into building and developing a company culture, and these include identifying company values, ensuring there is open communication between employees and management, fostering collaboration, providing employees with the right tools and resources to succeed in their roles, and offering competitive benefits.
Recognition is another key factor; companies should recognize and reward employee contributions to help foster a sense of loyalty and dedication.
Developing Company Values
In order to develop a strong company culture, businesses need to identify and prioritize their organizational values. This can include everything from how employees interact with each other to the mission of the organization.
Once these values have been identified, they should be communicated clearly and consistently to all members of the organization. Some examples of company values include:
Respect is essential for creating a positive work environment – employees should be treated with respect and their opinions should be valued, and their contributions should be recognized.
Integrity is necessary for creating a culture of trust, where employees can feel comfortable voicing their opinions and speaking up when they have concerns.
Encouraging innovation is key to fostering creativity in the workplace. This can include encouraging employees to come up with new ideas and rewarding them for taking risks.
Empowering employees to make decisions and take ownership of their work is essential for creating a culture of accountability and trust.
Companies should provide employees with the resources and guidance they need to succeed, while also encouraging them to take initiative and think outside the box.
Collaboration is critical for fostering an environment where employees can work together to achieve shared goals.
This can include encouraging cross-departmental collaboration and communication, as well as providing employees with the tools and resources they need to succeed.
Ensuring Open Communication
Another key element of company culture is open communication. This can include providing employees with a platform to voice their opinions, asking for feedback on processes and procedures, and encouraging collaboration between departments.
Additionally, it is important for companies to ensure that clear channels of communication are established so that employees can easily ask questions and receive timely responses.
Fostering And Encouraging Collaboration
As a manager, you want your team to work together and collaborate on projects.
That’s why it is important to foster collaboration by encouraging employees to work together, providing them with the tools and resources they need to succeed, and recognizing their contributions.
Employers should focus on creating a supportive, constructive environment where employees can communicate openly and provide feedback so that they can work together more effectively.
Companies should focus on providing employees with the right tools and resources to succeed in their roles.
This can include offering competitive benefits packages, investing in training and development programs, and encouraging employees to take initiative and think outside the box.
By doing this, employers can ensure that their workforce is engaged and motivated to do their best work.
Focusing On Employee Wellness
In recent years, there has been a greater focus on employee wellness and mental health.
Companies are increasingly recognizing the importance of providing employees with a supportive work environment and resources to help them manage stress, promote healthy habits, and get the most out of their time at work.
This includes offering flexible hours, remote or hybrid working for a better work/life balance, providing access to mental health services, and investing in employee wellness initiatives, such as yoga classes or fitness facilities (see also “How Much Do Physical Therapists Make?“).
The last 30 years have seen a dramatic shift in company culture and how businesses prioritize the values they want to foster in their workplaces (see also “Useful Workplace Culture Metrics To Track“).
Companies are now focusing on providing employees with the tools, resources, and support they need to succeed, while also encouraging collaboration and innovation.
Employers are also recognizing the importance of employee wellness and mental health and are investing in initiatives to ensure their employees have a supportive work environment – this is a significant shift in the employer-employee relationship, and reflects a movement in the attitude of society as a whole to focus on the wellbeing of its people.
This is also a trend that shows no signs of changing, and it is likely that companies will continue to prioritize the well-being, satisfaction, and overall mood of their employees as the world of work continues to change and evolve.