There is a strong link in between how happy your employees are and how profitable your business is. Happy people work harder, especially when the happiness stems from the fact that they like their company’s environment. How happy an employee is usually has a lot to do with that company’s culture.
Take Saturday Night Live, for example. In the 1990s and early 2000s, SNL’s writer room had an extremely cutthroat culture. Along with an extremely high turnover of talent and writers, these factors led to a lower-quality show. Companies that have a positive company culture, on the other hand, have a lower turnover rate. This not only eliminates hiring and training costs, but also makes the company simply a more fun place to work. So, what kind of culture does your company have? Here are some of the top categories of company cultures. Which one does your company fit into the best?
Academic or Innovative Culture
In these companies, employees are encouraged to further their education, learn new skills, and introduce new developments or innovations to the company atmosphere. Leadership sometimes pays for education, but in general, the employees know that learning and implementing new skills is important to leadership and will do so if they want to advance. Some examples of academic or innovated company cultures would be technology companies like Google, Facebook, and others.
Family Business Culture
Even if your business is not a family business, you can make it feel like one. These companies understand that their employees have lives outside of the business and that sometimes those lives have to come first. They treat everyone like they are a member of the team and that their thoughts and feelings are important to the leadership. Family business cultures also take measures to help you spend more time with your family.
This is one of the most common company cultures, especially in large companies. In this culture, employees feel like they are nameless cogs in a much larger machine. While they might be vital, they might also feel powerless to enact any real change or that they do not have a voice when it comes to big picture decisions or changes. This isn’t always a bad thing—many people love being part of something big, even if they are only a small part.
Businesses with a cutthroat culture are the business in which you often hear of employees stabbing each other in the back (not literally) in order to get ahead. They will talk about each other, talk each other down to the boss, and do whatever they deem necessary to get ahead—no one likes working in this type of culture. This type of culture is common, but can be damaging when trying to build trusting relationships.