Since great company culture is built on a foundation of trust between employer and employee, it’s important that companies hire the right people to help foster trust. Many organizations rank cultural fit on par with (or even more important than) technical skills and have begun focusing greater attention on fit in the talent acquisition process. Harvard Business Review recently stated, “Culture fit is the glue that holds an organization together. That’s why it’s a key trait to look for when recruiting.” The result of poor culture fit due to turnover can cost an organization between 16% and 20% of an employee cost. In fact, a bad hire can result in possible uncomfortable and costly outcomes for a business including damaged employee morale, negative publicity, lost productivity and possibly litigation.
Imagine a company management believes that an open office plan and team projects promote creativity and progress, but the employees are overwhelming introverts and not comfortable to work in an open environment. Cultural fit is a concept that can be hard to find at the time of hiring, but everyone knows when it is missing.
If you look at the companies whose workforces are happy, engaged and productive, you’ll find a common denominator: a great company culture. Exceptional corporate culture occurs when employers value team members and employees feel connected with corporate culture. It starts with trust. Every employee within the organization has a job to do, working toward common goals that are typically based on business targets and profitability markers. Without trust, an employee and employer relationship can’t even function on a basic level, let alone grow. A successful company can’t be achieved alone, and it’s the recognition of that fact by all parties that create a positive, productive environment.
Company culture is made up of the values, beliefs, attitudes and behaviors shared by a group of people and it is made up of all the life experiences each employee, from executive to hourly employee, brings to the organization. At its core, organizational culture is about the people that make up the company. It comes from the employees, which is why it’s important to start by asking, speaking with, and most importantly,
Every organization is different, and all of them have a unique culture to organize groups of people. Yet few people know that every organization actually combines a mix of four different types of organizational culture under one leading cultural style, The Clan Culture, the Adhocracy Culture, the Market Culture, and the Hierarchy Culture.
Employee preference for specific corporate culture can be predicted as a part of hiring process using Rankskills On-line Competency Mapping Assessment. Please get in touch with us to find out how you can determine corporate cultural for new hire or existing employees
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