MANAGING in the

NEW WORLD

Corporate Culture

 

Top management training professionals are often asked how best to motivate employees. Yet these professionals usually concur that there is no need for others to motivate employees as they themselves do so. The company simply needs to accord the right atmosphere where learning and development can take place. A company must however avoid a few common mistakes which instead demotivate the staff. One such is the case where the top management and members of the C-Suite excessively invest in themselves what could have been ploughed back into the business. A related case of such pandering is when the top executives ensure that a great deal of money is spent on their office rooms letting the rest dilapidate. Another is when leaders treat themselves above the others. There will be times when employees actually offer the top management the best of the deal. It is advisable to politely say no so that all feel part of a single unified team. Even training sessions must be attended to equitably. At annual functions or gatherings, leaders must pitch in with their contributions and not appear uninterested in others’ professional affairs. One thing to avoid forever is leaders arriving late for meetings.

Source:http://www.pnj.com/story/news/2017/07/01/studer-create-culture-helps-employees-motivate-themselves/444799001/

Uploaded Date:05/07/2017

Business research commissioned by the George Mason University wanted to study the effects of love and compassion have on the productivity at a workplace. Firefighters were selected for this study as that group of people tends to adhere to a “culture of joviality” which includes a macho, back-slapping, joking approach is followed. The research included both a qualitative and objective component to it. These people work in very stressful conditions. A lot of stresses were encouraged to be suppressed, or even bottled up. Yet the firefighters engaged in open discussions within their teams. One thing that stood out was they all used methods to completely divorce their work from private lives so as not to bring back home the stress.

Source:http://knowledge.wharton.upenn.edu/article/creating-a-happy-workplace/

Uploaded Date:29/06/2017

A new study has highlighted a few critical behaviours that can lead to cultural transformation. There are four steps involved. First of all, a company must be clear about what kind of business innovations it is trying to put in place. Once these are identified, the management must list down the behaviors it feels will help the team achieve the final goals. A lot of companies adopt one-time plans to rectify a trait or behaviour. Instead, a more holistic approach must be tested that will eliminate undesirable practices. Thirdly, a few such critical behaviours need to be prioritized to be implemented. Before implementation, the management needs to study the plans’ action-ability and degree of visibility. They must also be measurable and deliver results within a certain time span. Their ease of implementation also needs to be noted. Finally, the choices evaluated must further be screened by leaders both formally within the system and external experts.

Source:https://www.strategy-business.com/blog/Getting-to-the-Critical-Few-Behaviors-That-Can-Drive-Cultural-Change?rssid=all_updates&gko=463e5&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+StrategyBusiness-AllUpdatesFullPics+%28strategy%2Bbusiness+-+All+Updates+%28Image%2FSyndication%29%29

Uploaded Date:27/06/2017

The concept of corporate culture is undergoing a sea change and is set to ring in further changes due to the rise of the millennial generation. This generation, often lampooned with images of egocentricity and technology addiction is set to take over the corporate world by the year 2020 by sheer dint of numbers. Thus the ongoing corporate culture represents the kind of workplace this generation would like to see. One important aspect for this generation is diversity and inclusion at the workplace. Many consider themselves politically independent, religiously unaffiliated and possessing interest in other nations, ideas, beliefs and cultures. This is why they encourage talent recruitment from wide range in diversity. They are extremely particular about possessing the right work-life balance. Millennials are particularly conscious about company culture as a study states that they are ready to fork out up to US$ 7,600 for the right balance. Millennials are also increasingly more conscious about Corporate Social Responsibility (CSR) so wish to contribute towards the environment and charity. Millennials crave a sense of engagement at work with a recent survey establishing that only twenty nine percent of them were. They also want the feedback they provide to be taken seriously and be acted upon more actively. Millennials do not crave material possessions as much as they do ideas. While they cannot be labeled as idealists, they sure want nurturing of bigger things that provide them greater satisfaction.

Source:https://www.forbes.com/sites/larryalton/2017/06/20/how-millennials-are-reshaping-whats-important-in-corporate-culture/#61c32d32dfb8

Uploaded Date:27/06/2017

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