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Company Culture and the Impact on Profits

Company Culture and the Impact on Profits 2048 1365 Sprockets

Having been a senior executive at a billion-dollar company I can tell you that company culture is important, however, it normally doesn’t trump profits. If you are ready to make a change in your workplace, be mindful of this. To be effective, discuss the direct correlation between a high-performance culture, productivity, and profits in these three steps.

Tip 1: Don’t get too “soft” during your conversation.

The hard truth is that no CEO wants unhappy and disengaged employees, but, in most cases, they are not willing to trade profit to have them. The good news is that great companies have both. Salesforce was rated the best place to work in the country in 2017 by FORBES with operating income over $2.2 billion. It can be done.

"Only 15% of employees nationwide are engaged - costing companies thousands of dollars"Tip 2: Have an Itemized Proposal

If you need to ask for a budget to implement some of your ideas, be thoughtful, and have an itemized proposal. The more thoughtful your presentation, the more likely you will get the budget you need. The more you can tie your initiatives to business performance the better. Be bold, but be prepared to back up your conclusions with facts.

Tip 3: Start Slow

If this is the first time your company is implementing cultural initiatives you might want to start slow with things that don’t cost any money, like coordinating a charity event, or a scavenger hunt. Once the CEO sees the benefit he or she might be willing to cut loose a few dollars to see just how far you and your team can take things.

Read the full E-Book from Pete Richichi on How to Discover and Build Your Company Culture with a free download.

"How to Build Your Company Culture"

How to Discover and Build Your Corporate Culture

How to Discover and Build Your Corporate Culture 1200 628 Sprockets

In today’s workforce, company culture is more important than ever. Employees who match the company culture and thrive in it actively contribute more to the bottom line. Read on to learn from Pete Richichi, COO of Sprockets, who has over 20 years of experience developing teams and building a positive culture where people can thrive.

Key Takeaways:

  • The Culture Discovery Process
  • Realizing the Relationship Between Culture & Profits
  • Implementing a Culture-Driven Program
  • Navigating Difficult Personnel Decisions

Download the E-Book by Completing the Form:

A woman smiling and text reading "The Definitive Guide to Hiring Top Talent: Riia O'Donnell"

How to Recruit and Retain Top Talent

How to Recruit and Retain Top Talent 1744 703 Sprockets

Businesses’ most important asset and highest risk can be the talent they attract and retain. The market may make it harder or easier to hire, but no matter what the conditions, your job is to acquire the best talent your company can find.

The best recruitment strategies require a deep knowledge of company needs; how the top performers currently on staff are providing for those needs; and what can be done to acquire more talent just like them.

Riia O’Donnell lends her insight in her E-Book, The Definitive Guide to Hiring Top Talent.

Key Takeaways:

  • The Modern Hiring Process
  • Preparing for Successful Interviews
  • Specialized Interview Questions
  • Creating a Positive Experience for Candidates

Download the E-Book by Completing the Form: