31
MAR
2018

What is Corporate Culture and Why is it so Important?

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Your business has become increasingly busy and with summer just around the corner, you’re finding it hard to keep up. You realize that you need someone to help turn things around. You need an executive who will really help lead the team and inspire your staff. You reach out to your existing connections and create a job posting, but no luck. You start to give up hope. You think you are being too picky, but rightfully so, when it comes to your business, you should never resort to settling for less! You want someone who meets your expectations and fits in with your company’s corporate culture… but where to start? Introducing HRWorldnet, your worldwide executive search and recruitment firm. We’ve got the tools of the trade to help you find just the executive you’ve been looking for!

Let’s face it, corporate culture is becoming increasingly important in this day and age. With many businesses in the industry, it is important to really set your business apart from the rest.

 

What is Corporate Culture?

A company’s corporate culture is the unique elements of your brand’s personality that identifies who you are and resonates with your staff. Whereas products, services, marketing, and even strategies can be replicated, corporate culture is what really differentiates your company from the next. Your business’ culture really defines the kind of environment that you want your employees to work in. Corporate culture can reside in the form of your company’s values, norms, practices, ethics, behaviors, beliefs, expectations, and goals. These things really guide how your employees think, feel, and act when making any decisions in regards to your company.

Why is Corporate Culture so Important to Have?

Whether you like it or not, corporate culture is vital to employees. Employees typically enjoy working for companies in which their personal values align with the company’s culture. When their values and goals are in sync with the company, they are more likely to be committed to the company and succeed in their careers. In fact, when a strong company culture is defined in an organization, employees tend to be more productive and find it easier to develop better relationships with their coworkers. On the other hand, if you work for a company that does not have a strong corporate culture or one in which you find you don’t fit in, it is likely you will not find as much pleasure in your work and therefore be less productive.

Benefits of Having a Strong Corporate Culture

Having a strong corporate culture is advantageous to your business and its operations in several ways:

In Defining Who You Are

Your company’s corporate culture says a lot about who you are, what you stand for, and what goals you are trying to achieve. Corporate culture involves understanding and communicating your company’s values and norms to both your staff and the public. Your organizational culture is a great way to set and maintain the expectations of your employees. Without a strong company culture, you’ll find that it can be very difficult to keep your company’s values consistent.

In Attracting and Retaining Staff

A strong company culture not only attracts new talent, it also helps to retain and drive the performance of your existing talent. When your staff believes that they truly belong to an organization, they are more likely to perform better and stick around for the long-run. This ultimately translates into fewer new hires, lower rates of turnover, and better chemistry with your team.

In How You’re Perceived

Your corporate culture also contributes immensely to your brand’s identity. For instance, if part of your company’s culture involves giving back to the local community, your customers will see you as a generous, compassionate brand that cares about the greater good of the community and not just making a profit. This is a great way to generate and attract more leads and gain customer loyalty.

 

In Conclusion

Your company is where your employees spend majority of their day. This is where they instill the company’s culture and communicate it in their work. With this being said, it’s important to ensure that your next hire is the perfect fit. We know how challenging of a task this can be! If you or someone you know needs help finding the right candidate for the job, be sure to contact HRWorldnet, your #1 worldwide executive search and recruitment firm. We have many years of experience and work with only the best brands in the industry. Visit our website or call us today at 212-677-8600.

About the Author
As a global executive recruitment firm, HRWorldnet partners with hotels, restaurants, and airline catering companies to maximize their employment return on investment as well as providing hospitality industry professionals seeking new opportunities a portfolio of career development services. Comprised of highly-experienced hospitality professionals, we give our partners the competitive edge by using the latest online technological advancements necessary to develop world-class leadership teams. We identify our candidates’ unique strengths and abilities and match them with the right organization and the right position.

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