Company Culture: Reset • Refocus • Reshape
Discover the building blocks and components of a people-first Company Culture: Purpose, Values, Leadership, Diversity, Equity and Inclusion (DE&I), and employee well-being.
Our free guide delivers everything you need to understand Company Culture better and evaluate the approach of your business.
Company Culture Report Highlights
In recent years, the COVID-19 pandemic has not only catalysed cultural transformation, but also sparked off a Eureka moment in people ’s minds around hybrid working, rebalancing life priorities, and DE&I and mental health policies.
For this reason, there has never been a more critical time to focus on organisational culture.
A positive organisational culture is one where employees feel valued, respected and motivated, leading to increased productivity, higher levels of customer satisfaction and a reduction in staff turnover.
1 in 5
women felt vulnerable or unsafe in the workplace because of their gender
of people with a visible disability believe their companies made significant efforts to promote acceptance and inclusion of people with disabilities at work
of respondents felt marginalised/discriminated against at work due to their LGBTQIA+ identity
Organisational Culture: What it is and why it matters
Company culture is the set of shared values, beliefs and norms that shape the behaviour of employees within an organisation.
It can profoundly impact an organisation's ability to attract and retain talent, as well as its overall performance.
A positive organisational culture can help to create a strong sense of purpose and identity, instil a commitment to excellence, and foster creativity and innovation.
In contrast, a negative organisational culture can lead to low morale, high levels of turnover, and poor performance.
For these reasons, it has never been more important for business leaders to carefully consider their organisational culture, particularly when developing recruitment and retention strategies.
Key components for a strong company culture
"The change brought about through recent events means that culture needs to be readily adaptable to change. This presents a huge opportunity for organisations to evolve in creating the best-possible, people-centric environment."
Regional Human Resources Director
How to assess your company culture
A strong company culture is vital for any business. Not only does it provide a set of shared cultural values and beliefs that guide employee behaviour, but it also helps to attract and retain top talent.
As a result, it’s essential to periodically assess your organisation’s culture to ensure that it is still aligned with your business goals.
There are many ways to do this, but some of the most effective include surveying employees, conducting focus groups, and observing behaviour.
By taking the time to assess your organisation’s culture, you can ensure that it remains a positive force within your business.
Latest Management Tips & Advice
Reshape your company culture to build stronger talent brand
The pandemic sped up the progression of workplace trends like flexibility, autonomy, and diversity, equity and inclusion. The COVID-19 pandemic set in motion a shift in people's work-life culture, mindsets, and values.
Company Culture comes down to the purpose, core values and behaviours within an organisation, which are embodied by its leadership and shared with all employees. In a candidate-driven market where candidates prioritise well-being above remuneration, companies must evaluate and refocus their company culture as it contributes greatly to talent attraction and retention, and decreases attrition rate.
To help guide your culture change process, our report makes a helpful starting point. Our findings paint a mixed picture; one that tells us that more work needs to be done for companies to adopt a true people-first company culture across Asia Pacific. We found that developed markets may not always put people first and that developing markets are adding more emphasis on it. Women, people in the LGBTQIA+ community and people with disabilities are still marginalised and discriminated against in the workplace.
It takes time for a company’s culture to change, so it is important for organisations to regularly communicate and engage their employees that it is undergoing change management to build a stronger culture at the workplace and to demonstrate commitment towards employee well-being.
Take the Next Steps Towards Outstanding Company Culture
Ultimately, by investing in company culture, businesses can create a more productive, positive and cohesive working environment.
When you develop your organisational culture, alongside employee retention, employee motivation and innovation culture, you’ll lay the foundations of an outstanding organisation that candidates will compete to be a part of.
To learn more about developing your organisational culture, download the full report, and talk to a recruiter at Michael Page today.