Having a strong company culture is a great way to keep employees happy and retain top talent.
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What's the best way to keep your workers happy? Competitive salaries and benefits can certainly contribute to employee satisfaction, but a strong, supportive company culture can be just as important to retaining your top employees.
"Culture unleashes the power and energy of every individual in the organization," said Manish Goel, CEO of business analytics solutions provider Guavus. "No matter how much work is put into developing strategies, all have to work in an environment where they feel they can succeed and are supported. A great culture isn't something that's stagnant and can always exist as-is. It is liquid and has to be fostered. I firmly believe that organizations get the best out of people by having a one-team mindset and an attitude of trust."
Goel provided three simple ways that leaders can build and improve your company culture. [7 Common Causes of Corporate Culture Crises]
Remove hierarchies. The new "open door" policy is the "no-door" policy. It's easy to fall into the trap of "us" and "them" when leadership is behind closed doors and others are in a cube. This type of environment creates an atmosphere of intimidation and inhibits the free flow of ideas.
Empower and trust. As a leader, most of what goes on in an organization is not visible to you. Empower and trust your co-workers to make the right decisions. The benefits of trusting and empowering others far outweigh the fear that mistakes will be made. Pick the top two to three things that are most important for you to do in one day, and then let your team handle the rest. It is important for the entire company to know that they are an integral part of the company's success. Control outcomes, not behaviors.
- Listen. The most important thing you can do for your company culture is to listen to those who are a part of it, whether that be administering a company survey or just asking someone how their day is going. Foster the type of environment where your co-workers feel comfortable enough to reach out, no matter their status within the company.
Originally published on Business News Daily.