Do you feel like you can’t let go or trust that the team will do it as well as you?
Are staff issues keeping you up at night?
Do you find that you’re bogged down by friction between staff in your business?
As a business owner you want to ensure that all of the cogs of your business are operating properly and smoothly.
Did you know that having a strong corporate culture, employee empowerment and productivity are interlinked? And all three are key to driving your your business.
In a 2016 Business Pulse study conducted by The Alternative Board, where over 1000 business owners were surveyed globally, there were three key findings about culture, business owners and corporate working environments.
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86 percent of business owners agreed that culture is a major contributor to their success
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63 percent say that the business owner is also a big part of organisational culture
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91 percent say an enjoyable physical working environment has a huge impact on company culture
So in order to improve company culture, business owners should demonstrate stronger leadership.
And from an employee’s perspective, 44 percent say more trust in an organisation motivates them, whilst 43 percent say that empowering employees is the most important part of company culture.
And company culture has the greatest impact on productivity and employee morale.
Can you see the pattern?
Business owner. Culture. Trust. Empowerment. Productivity. Success.
As an entrepreneur, you are busy working on the business, so how would you go about acting on the research findings for your organisation?
Sometimes you just need to bounce around some ideas with a group of like-minded professionals.
Consider using the collective wisdom of a peer advisory group of business owners with real life practical solutions to performance management.
The Alternative Board (TAB) can help bring your empowerment goals to life, as it offers the support and advice needed through peer advisory meetings and one-on-one executive coaching sessions.
TAB provides strategic business leadership (SBL) support for private business owners to help their businesses thrive. As well as helping them achieve their personal aspirations.
A board can help you blueprint your corporate culture, leadership and productivity goals on paper and plan the objectives and strategies required to make them happen.
The service brings business owners and leaders from non-competing sectors together like a board of directors. They support each other by working on challenges and opportunities faced in each business.
TAB members are provided with tailored business coaching; starting with initial sessions to monthly check-ins. Business owner advisory board meetings mean you can share your vision with a board of like-minded professionals.
So if you’re ready to empower your business, find out more about The Alternative Board.
