As a leader, you strive for a positive, encouraging culture. It helps to achieve organizational goals. That is until the performance review season arrives, and many employers don the armor that few employees can get through. This scenario often leads to resignations. Or, a poor rating on Glassdoor.
Great performance, happy workplace, and employee retention are all interconnected. And they depend on your company's culture.
So, what makes a high-performance culture? Let's take a look.
What's a high-performance culture?
Gartner says a high-performance culture is "a physical or virtual environment designed to make employees as effective as possible in supporting business goals and providing value."
It is an environment based on shared beliefs and values that you communicate to the employees through various methods. These methods shape employee perceptions and affect their performance.
What makes a high-performance culture?
You have a positive workplace culture when you have:
1. Strong leadership
As leaders, you are inclusive, open-minded, future-oriented, and lead by example. You coach when needed and are ready to learn new things when your company needs a revamp.
2. Engaged employees
Teams are well-structured and committed. Discussions brim with innovative ideas and healthy group interactions even if they come with a dose of healthy conflicts.
3. Continuous talent development
You are constantly looking for the next masterminds to grow the company. You monitor employee performance regularly, and not just for annual reviews. You give people exciting opportunities for growth, learning, and professional skill development that helps them scale up their careers. Plus, you promote them when they deserve it, not when they ask for it.
4. Spectacular employee experience
Your rewards and recognition and diversity and inclusion practices are in place. Plus, you have built a level of trust among employees.
A lot of effort goes into developing a high-performance culture, but the rewards make it worthwhile. There are many strong reasons why every company must invest in forging such a culture. Here are the top four.
Why every company needs a high-performance culture?
1. Fewer employee exits
Companies face up to 54% lower employee turnover in a positive culture. The more adaptive the environment, the fewer the employee exits.
2. Better committed employees
Get your employees 150% more engaged with positive company culture. Involved employees are more invested in company goals and enjoy a deeper connection to their work.
3. Better performance
Employee performance spikes through training and team exercises. Employees who see career progress in their organizations are 50% more productive and 20% more likely to stay.
4. Enhanced trust factor
Timely acknowledgment, great perks, well-deserved promotions, and learning opportunities make your company trustworthy. Up to 90% millennials find professional growth to be an important factor for staying in a job.
Many companies struggle to forge a positive workplace culture. It demands many changes in HR strategies and policies, leadership styles, and KPIs. A reformed approach can help make the process easier.
Here are a few tricks to help you create a positive company culture smoothly.
How to create a positive workplace culture?
1. Communicate well
Convey your belief system and values regularly. Plus, make communication a two-way street. World renowned expert on Stay Interviews, Dick Finnegan, mentions that most employees leave because of a communication gap with their direct supervisor, not the top leadership.
Your company size may affect how well you communicate with the employee. Larger companies face more problems in creating effective communication channels. For a larger workforce, you need to employ more resources to connect with people.
Or, you can rely on Amber, the AI-enabled Chief Listening Officer, to connect one-on-one with every employee member and discover their genuine feelings about the company.
2. Set goals right
Prioritize career development while setting organizational goals, so the company moves along with the people. Many candidates consider this a decisive factor when joining a firm.
3. Inclusive leadership
Inspire a sense of belonging in your employee. As per Amber's score, that's what 74% of the employees want from their workplaces. The people who work for your organization must relate to the values, participate in productive discussions, and ensure the goals are met.
Involve your people in decision-making and make them feel included through a collaborative environment or team-building exercises.
4. Flexible environment
Surprisingly, most employees consider the place of work secondary to the flexibility their job offers. And 77% of employees prefer an organization with flexible working options.
People find flexible work-from-home and childcare policies more valuable than a ping-pong table in the office.
5. Employee Development
Invest in your workforce's professional and personal development to create a healthy work environment. Employees who train and upgrade their skillset feel a sense of purpose and loyalty toward the company. They are more encouraged and optimistic about their career advancement.
At times, reaching out to employees can feel challenging. But not reaching out can affect their performance and company culture. So, if you are ready to adopt the above suggestions into your system, here are some tech tools that can make your task easier.
Tools to help you build a positive company culture
1. Feedback management tools
60% of employees find a way to communicate their concerns, but almost half aren't always heard. That's where Amber can help you connect with them on a deeper level through multiple automated surveys and employee feedback tools.
2. Performance management tools
Besides hiring and nurturing high-performing executives, investing in developing managers is equally crucial. It contributes up to 70% of your employee engagement levels. This includes giving them a platform to voice their concerns.
3. Artificial Intelligence
AI-enabled tools can undertake many repetitive tasks to save employees' and leaders' time. They can also help you with data collection, analysis, and time management. For example, with inFeedo, you can automate the employee helpdesk to be active 24x7 and help your employee resolve queries quickly.
4. Stress management tools
A stressed work environment adversely affects employee performance. inFeedo provides Thrive Reset to help your employee manage workplace stress and prevent burnout in less than 60 seconds. It serves as a guided content experience to assess your employees' stress levels and its causes, and then offers AI-driven suggestions to combat them.
How does Amber support a high-performance culture?
Amber is a conversational AI bot that connects with your employees individually. So, you can count on her to lend a listening ear to those who run the organization.
Amber can assist you in
- Employee engagement
- Predicting employee churn for your firm
- Understanding what employees honestly think about the company and its leaders
- Resolving doubts and queries
This is how Amber has helped companies like yours
Amber has done wonders for start-ups, multinationals, and SMEs. It has helped
- Retain up to 85% of top talent
- Saved 2.5 days per week for human resources business partners (HRBPs)
- Brought in a 91% survey response rate from employees
- Got a 4.7 Glassdoor rating
That is why 250+ leaders and managers like you have welcomed and embraced Amber in more than 60 countries. Over 700,000 employees worldwide have opened up to her. HR leaders of companies like GE Healthcare, Mediacom, Lenovo, and Nearbuy have witnessed Amber revolutionize how they engage with their workforce.
Experience the power of your personal Chief Engagement Officer
Transform your enterprise with people-led change
You may opt-out at any time. Privacy Policy
