Why is workplace culture important?
‘Culture is people’. So said that sage observer of the form, Spurs manager Ange Postecogliou.
Creating a positive workplace culture is not just about making the workplace a nice place to hangout in – it’s a strategic move that can drive high-performance results.
Build the right culture and results will follow.
Workplace culture refers to the shared values, beliefs, and practices that shape how a company’s employees engage with each other and with their work.
A positive culture fosters an environment where employees feel valued and engaged, which is essential for high performance.
According to a Gallup report, highly engaged teams show 21% greater profitability, highlighting the direct impact of workplace culture on financial results.
In the UK, the Chartered Institute of Personnel and Development (CIPD) found that companies with strong, positive cultures tend to have lower turnover rates, higher employee satisfaction, and better overall performance. Similarly, in the US, research by the Great Place to Work Institute consistently shows that companies with excellent workplace cultures outperform their competitors in terms of revenue growth and employee retention.
Eat Sleep Work Repeat podcast tries to delve deep into the mechanics of workplace culture – and how any of us can try to build these results. Check out the 200 episode back catalogue here – or sign up to the Make Work Better newsletter. Get in touch if you want Bruce to work with your team.
Check out our episode delving into the culture of Spurs under Postecogliou.