Follow Dallas Linkedin
Email Dallas Email
Business Growth
Jul 1, 2014

How The Right Workplace Culture Can Lead To Success

Sponsored Content provided by Dallas Romanowski - Managing Partner, Cornerstone Business Advisors

Both business owners and employees desire a workplace culture that not only supports a rewarding work environment, but also encourages high performance. While this goal is ubiquitous, the management practices and leadership traits required to achieve this goal are not always understood or implemented with consistency.

Creating the right workplace culture for your company is not complex, but it does require discipline and changing old habits. This discipline requires company leadership to implement six management practices:

  1. Create a company vision shared by all.
     
  2. Develop an accountability chart (identify the right seats).
     
  3. Establish both performance and behavior expectations (match the right people to the right seats — You can do this with my Performance Culture 2 x 2 Employee Evaluation Matrix, which I’ll write about in a later column). 
     
  4. Develop 90-day company plans (goals, company priorities and action plans).
     
  5. Facilitate weekly leadership meetings.
     
  6. Schedule team-building activities.
Implementing these six practices will reward high performers and team players. It will provide a workplace where expectations are known and employee contributions are appreciated. Customer service will improve (research has shown employees provide better customer service when they enjoy their work). Leaders will feel comfortable delegating tasks and not feel compelled to micro-manage. Your organization will be aligned with a common purpose. Candid communication will identify issues before major problems arise. And last, but not least, you will work less and the company will grow without your day-to-day operational involvement.
 
A Company Vision and Mission Shared by All

Your company vision and mission are the foundation of its core values and the cornerstone of your workplace culture. They establish focus, purpose and energy for your entire team. A strong vision and mission should address the following questions:
  1. Why would a customer purchase your product or service? (1a)Why is your company, product and service unique?
     
  2. Why would somebody work for you?
     
  3. Why would society allow you to operate in its defined geography?
     
  4. Why would somebody invest money in your company?

After you create your company vision and mission, you should share it with everyone and embed it in everything you do. As your company evolves, your vision should too. Each year when you prepare your annual plan, you should test the vision to make sure it’s still relevant and on target with the company’s direction. If you need to revise, do so and communicate the revisions with the “why” to your entire team.

To embed your company vision in your workplace culture, make sure:
  • The vision is communicated during the employee recruiting process and reinforced when the employee on-boards.
  • Annual planning sessions begin with reviewing and testing the company vision.
  • 90-day planning sessions compare the company’s performance to the company vision.
  • Employee job descriptions and employee evaluations include the company vision.
Cornerstone Business Advisors provides access to experts in business strategy, management, process and finance. The Cornerstone team includes former C-Level executives, successful entrepreneurs and advisors who offer unmatched experience in delivering advanced, custom-tailored, results-oriented solutions for business leaders. Cornerstone has worked with hundreds of companies that range from fast-growth start-ups to Fortune 500 corporations. It developed the Performance Culture System™ to help clients implement best practices and drive high performance throughout their organization. For more information, visit www.launchgrowexit.com, call 910-681-1420, or email [email protected].
 
 
 

Other Posts from Dallas Romanowski

Bizjournalblockad
Ico insights

INSIGHTS

SPONSORS' CONTENT
Jasonpathfinder3

Navigating the Road to Retirement: The Indispensable Benefits of a Well-Crafted Financial Plan

Jason Wheeler - Pathfinder Wealth Consulting
Unknown 7112393341

Why Feasibility is Paramount to Success

Holly Segur - Lead Intuitively – Corporate Coaching
Jimheadshot

The Wilmington Construction Market: Trends, Recognition, and Challenges

Jim Hundley - Thomas Construction Group

Trending News

Lower Cape Fear LifeCare Welcomes New Board Members

Staff Reports - May 28, 2024

Novant To Sell, Leaseback Four Wilmington-area Properties In Statewide Effort

Emma Dill - May 28, 2024

CVB Announces Tourism Award Winners

Staff Reports - May 28, 2024

United Bank To Acquire The Piedmont Bank

Audrey Elsberry - May 28, 2024

UNCW Honors Faculty Awards Recipients

Staff Reports - May 28, 2024

In The Current Issue

Topsail Island Museum Offers New Exhibit On Black Heritage

Ocean City Beach was established in 1949 and became the first community in the state where Black people could purchase oceanfront property....


Vantaca’s Balancing Act

“We want to swing big, and we have a vision of building a really massive company that is the industry standard for software in our space."...


Restaurants Serve More Outdoor Space

Outdoor dining spaces add another dimension to dining in the Port City and, in some cases, take a restaurant’s brand to new heights. ...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season