Culture Risk
A healthy culture is key to a thriving organization that attracts and retains the best and brightest talent. An unhealthy culture can put the viability of a business in jeopardy.

Organizations’ approach to establishing a healthy culture has evolved due to shifting shareholder expectations and a growing focus on the importance of diversity, equity and inclusion, corporate social responsibility, and other sources of value creation. As people take a renewed interest in workplace culture, organizations have the opportunity to refresh their practices and build a healthier culture that preserves their reputation and unlocks long-term success.

Take a Proactive Approach to Organizational Culture

Culture is something that companies have to work at every day. Reactive approaches that look at culture only when a change is needed and try quick fixes are not going to deliver the transformation needed. Leaders need to live the change they want to see while understanding that the commitment to leading an organization’s culture is long-term and that ultimate accountability for the outcome remains with them.

Start at the Top with Cultural Transformation

Culture transformation requires a deep understanding of the level of alignment between espoused values and the lived experiences and beliefs of the employees at all levels. It also requires leadership willingness to celebrate the positive elements of the culture and dig deep into the problematic aspects to ensure that the cultural transformation sticks.

Use Strong Culture as a Talent Advantage

In the age of increased transparency and accessibility of information, jobseekers and employees are more empowered than ever before to question not only what a company does, but more so, how it does it. Strong, inclusive and transparent cultures are a hallmark of companies that employees want to work for.

Understand Your Culture with a Data-Driven Approach

Cultural transformation depends on organizations having good data about their culture. Engagement surveys are usually used as a proxy for culture surveys, but they fail to provide the level of detail and depth paints an accurate picture of how the organization’s culture is perceived. We can help you harness the power of culture by directly linking beliefs and behaviors to strategy, encompassing everyone at your organization—from senior leaders to new hires, across business units, regions and subcultures—to create a sustainable competitive advantage.

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