There are many different definitions of what a corporate culture is and what it should look like. There is no one right answer. Investopedia defines it as “the beliefs and behaviors that determine how a company’s employees and management interact and handle outside business transactions.” Others will define it differently; such as discussing corporate values or talking about employee engagement and satisfaction. If the people are happy, that means they like what’s going on, right? Not necessarily.
Continue reading “Corporate Culture: Do you know what your employees are thinking?”
At Corporate Insight Strategy, we value the power of well aligned culture in the work place. Cultural alignment has been demonstrated to have a direct connection to increased profit growth.
That’s why we are excited to announce that our culture survey, TRaX50 CultureTM, is now being offered as a stand alone product.
Continue reading “Culture Month Announcement”
Leadership teams often approach a proposed merger looking for some sense of how similar the companies are in terms of culture. Culture can make or break the deal. Integrating dissimilar cultures can be expensive, time consuming and risky.
Continue reading “Investigating Culture 101”
Replacing unhappy employees can cost up to 400% of their annual salary. Shockingly, two-third of managers don’t see that as a big problem to their company. A poll by Right Management
indicated that 68% of the managers are not actively engaged in their employees’ career development.
Continue reading “Can you afford a negative corporate culture?”