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CFI #4 Build the culture. What is Corporate Culture? . Definition: A blend of the values, beliefs, taboos, symbols, rituals and myths all companies develop over time (entrepreneur.com/encyclopedia) Examples: size, industry, environment, brand, programming What does Culture look like for you?.
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What is Corporate Culture? • Definition: A blend of the values, beliefs, taboos, symbols, rituals and myths all companies develop over time (entrepreneur.com/encyclopedia) • Examples: size, industry, environment, brand, programming • What does Culture look like for you?
Why this is important • Employee engagement • Cross functional teamwork • Supports our goals • Reinforces behaviors you want to see
How do you change culture? • It starts at the top • Create reward mechanisms • Promote it • Recruit new voices • Are we making an impact?
Self evaluation + honesty • Assembled initial team to promote our unique LP culture • Culture Offsite • Formed 6 sub teams to develop specific areas of our culture • Created a budget for each team • Came up with a name
Inspiration, influence + feedback • New hire Intro • Performance reviews • Annual survey • Company update meetings