Many people dream of becoming entrepreneurs, and often the biggest...
Letting technology do the heavy lifting for certain monotonous tasks...
Benefits administration can be a game-changer for small...
Choosing the right accounting method can significantly impact...
April 11, 2022
Company culture is a responsibility shared by everyone in an organization. However, it can’t happen in the absence of strong leadership. At its core, workplace culture is how people inside the business interact with each other, which is learned behavior rather than a by-product of operations or an overlay.
And it all starts at the top. Culture comprises everything an organization’s leaders do, from whom they hire to whom they listen to, from what they discuss in meetings to what they prioritize and even how they invest the firm’s money. These behaviors reflect the firm’s values and habits, and in turn inform how people within the organization interact with each other and work together.
Here’s a comprehensive look at the three key roles leaders play in workplace culture:
Great leaders exude a sense of positivity and fairness. They provide an example worth emulating and a meaningful environment. In so doing, leaders turn their personal values and beliefs into companywide ones, informing its goals and brand personality.
What happens if there is a change in leadership? Perhaps the leader who championed positive culture moves up, and their replacement has different ideas. It depends on how successfully the firm’s leaders have already communicated their shared values and goals. If they are deeply ingrained among the team, as well as sufficiently prosocial, the positive work culture may withstand the change.
There’s no shortage of research confirming that engaged employees are more productive and contribute more to the bottom line. It is the job of a business’s leaders to cultivate engaged employees who work to better themselves and the company. Leaders should clearly communicate the answers to questions like: • What does it take to excel in the organization? • What steps are required for employees to move up the company ladder? • How does leadership provide feedback to employees? Is this done only at annual reviews? • What upskilling or educational opportunities are available for employees? In addition, leaders set expectations for how employees engage and interact with one another. This goes back to the idea of the workplace environment: Are ideas exchanged freely, including with the C-suite? Do employees feel empowered to exchange actionable feedback among themselves? Does leadership reward learning from failure as reliably as it rewards success?
Probing the answers to these questions helps leaders shape a positive culture.
The phrase “tone at the top” describes how leadership culture cascades down throughout the organization. More specifically, it means leaders determine to what extent an organization and its employees value things like transparency, integrity, open communication, optimism, respect, walking the walk and much more.
Today’s workplaces are not just a collection of strangers, nor are they detached from the rest of society. This puts business leaders in the position of molding not just employees, but also citizens and neighbors.
Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.
Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.
Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.
Benefits administration can be a game-changer for small businesses aiming to attract and retain top talent. While salaries remain an...
Choosing the right accounting method can significantly impact how you track financial performance, manage taxes, and plan growth. Two common...
Bootstrapping—financing growth through internal cash flow—is a hallmark of many successful startups. But as businesses mature past their initial stage,...
In today’s business landscape, technology is more than a convenience—it’s a strategic asset that can supercharge growth. But as you...
The month-end close can feel like a perpetual scramble—collecting invoices, reconciling accounts, fixing last-minute errors. A drawn-out close not only...
Overhead costs—from utilities and rent to administrative staffing—can quietly swell until they erode profit margins and slow your ability to...
Growth triggers a tidal wave of financial complexity, multi-entity operations, new product lines, overseas expansion, or investor relations. If your...
Mergers and acquisitions (M&A) can dramatically alter a company’s trajectory—unlocking new markets, technologies, or customer bases. Yet, many deals stumble...
Working capital: The difference between your current assets and your current liabilities. It’s a key barometer of financial health. While...