A CEO’s role is cultivating a highly coordinated top team working together toward the business’s strategic aspirations. To do so, they must promote a culture that supports collaboration.
Focus on Employee Engagement
Employee engagement is a critical component of any company. A high employee engagement rate leads to a happier, more productive workforce and a willingness to work harder.
Whether this is measured through an employee satisfaction survey or in more intangible characteristics, like enthusiasm and passion for their role or the organization, engaged employees will take pride in their work and strive to do their best.
This can be done by providing opportunities for growth and learning, providing wellness programs, and creating a positive workplace environment. It is also important to keep the lines of communication open and listen to employee feedback, both formal and informal. In the words of Peter Drucker, “Culture eats strategy for breakfast.”
Great CEOs like Patrick James of First Brands prioritize culture and employee engagement to ensure that all teams succeed and the company thrives. Employee happiness and productivity go hand in hand, and leaders must understand this relationship to foster a strong and healthy business.
Create a Team-Oriented Culture
A strong company culture drives financial results and provides a competitive advantage. It can help you deliver superior customer experiences, drive innovation that sets you apart from the competition, and more.
High-performing teams bring out the best in each other and work in concert on strategic goals, communicating effectively and dealing with differences constructively. They also create trust through familiarity and a sense of mutual investment.
Employees want to feel that their ideas are valued and that equity and fairness are central to the company’s culture. When this is the case, employees are more likely to be prideful of their work and stay when times get tough.
Create a Workplace Environment That Encourages Collaboration
When employees work in isolation and need more communication, their efforts can save time. Inspiring collaboration in your team can be as simple as encouraging employees to share ideas and support one another. This could also mean sharing information and knowledge more broadly across the organization.
Keeping all staff updated on strategic goals and company challenges will encourage employee collaboration. This might involve running internal innovation challenges or fostering open conversations in meetings with key individuals to identify what needs improving or new projects that need to be taken on.
During the interview process, ask candidates about their experience working with teams and how they would handle any internal politics that might arise. This will help you determine if they are effective collaborators who can balance working independently in a team-based environment.
Make it a point to reward those who show this ability with shout-outs in team meetings or private recognition during one-on-ones.
Invest in Your Employees
Providing employees with professional development opportunities, encouraging their wellbeing and fostering a sense of community are important ways to cultivate a healthy company culture. However, collecting employee feedback would help you understand what your team members value most.
Tools allow you to collect valuable insights from your employees and tailor the workplace experience to each individual. It’s also important to ensure that your leadership team embodies the values of your company’s culture. Otherwise, your team may perceive dissonance between stated values and actual behaviors.
other valuable tips from our business blog (new win):
Taking the time to instill company values and weave them into all aspects of your business, including support terms and HR policies, is crucial to creating a sustainable culture. A healthy company culture isn’t just good for employee morale and happiness; it can also have direct financial benefits.
Multiple studies show that companies with strong cultures outperform their competitors. The bottom line is that great CEOs understand that building a healthy culture means investing in the organization’s success.
Image Credit: how great CEOs foster a culture by envato.com
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