The Thought Leadership League (TLL) is an assembly of business leaders, researchers, thought leaders and academics dedicated to conducting research and developing standards organizations can use to monitor, measure, and drive growth and performance in the workplace.
TLL creates the outfitter solutions Connect2Metrics provides to our market of CEOs, Leaders, consultants & other types of service providers/ networks who want to bring additional value & solutions to their clients.
Read the 2015 Culture White Paper
Read the 2016 Culture White Paper
Below are a few summary snippets for a quick, high-level read.
A great culture = Effective Communication + Empathetic & Engaged Engaged + Clear Direction + Accountability
People are the heart of most organizations & provide the energy, initiative and commitment necessary for organizations to achieve their business objectives. To achieve the highest performance from people, a great workplace culture is essential. The report examples the factors that contribute to and impair the development of a great culture.
Key Findings
98% of employees report that Culture is a significant competitive advantage
69% Believe that Changing Culture is a significant challenge
85% view the Executive team as having the greatest impact on Culture
7.2% of companies are considered to have a ‘good or great’ Culture.
Culture Influencers
When asked to rate who within an organization significantly impacts culture, 85% of all participates rated the executive team as having a significant impact. This compares to 45% of participants rated Immediate Supervisors as having a significant impact, followed by Human Resources with 38%. When it comes to who has the greatest impact on culture, the results are clear: executive leaders are the key players when it comes to impacting & changing culture.
Critical Factors for a Great Culture
When asked to pick the most important factors that contribute to a great culture, 86% of all participants selected “Clear & Effective Communication,” followed by “Executive Team Commitment & Humility,” “Empathy & Integrity of Leaders.” The top three most selected factors all relate to effective leadership, which underscores the importance that executive teams have when it comes to shaping and molding organizational culture.
Factors Impairing Organizations Culture
The five highest-scoring factors impairing organization culture align with the top factors for a great workplace culture, which execution ‘Lack of Accountability.’ It was second-most selected trait detracting from great culture, with 63% of participants rating as a significant impairment, while ‘Holding People Accountability for Actions’ scored fourth in the positive traits contributing to a great culture. This difference in placement suggests that the presence of accountability in the workplace may have less an impact on culture the does its absence.
Conclusion
There is a strong consensus as to the benefits of a great workplace culture & strong design to create strong cultures, among the participants. The Thought Leadership League suggest that the elements required to great a strong culture are well defined, and can be used to create a formula for the essentials of a great culture.
If you would like to learn more, book an appointment for a 15 Minute Virtual Meeting at Connect2Metrics or Join the Culture Think Tank to take your Free Test Drive of the Pulse Polls & Analytic Dashboard solutions.