What Are Organisational Work Values?
- Open Communication
- Nature of the Work
- Control Over work content
- Job Security
- Stimulating Work
- Fringe Benefits
- Flexible work Schedule
- Advancement opportunity
- Salary / Wages
- Size of Organization
"Starbucks was founded around the experience and the environment of their stores. Starbucks was about a space with comfortable chairs, lots of power outlets, tables, and desks at which we could work and the option to spend as much time in their stores as we wanted without any pressure to buy. The coffee was incidental"— Simon Sinek
We all applaud examples of organization culture when we see them however, defining the idea isn’t as obvious & stimulating. It is far easier to experience than to describe company culture which is not just a single aspect of the game but the game in itself.
We normally shy away from discussing things at an organizational or cultural level as we are instead big believers of actionable change at various levels. But it is seen in Post COVID Scenario that a large number of organizations across the world are mercifully discussing not only the need for "psychological safety" of people at the workplace but also other topics like ‘Resilience’ and ‘Effective Engagement’. Thus giving absolute weightage to Organisational climate that carries great significance in this changed scenario for maximizing utilization of human relations and resources at all levels to drive enhanced productivity and profitability.
At the root of any organization’s climate is a set of core characteristics that is valued collectively by members of an organization. The climate of an organization can be understood by checking the organizational behavior system around the spectrum of nuggets as outlined below.
It is imperative for Leaders & organisations to check whether these below mentioned 6 elements are in place or not?
Top 6 Factors Affacting Organisational ClimateAdd
A latest study by researches quantifies just how quickly high-flying companies fall back into the pack, with some plunging to the depths of their industry sector in record time. However, with the right mind-set and strategic approaches, the competitive advantage of only few companies persists.
A major Question that arises in front of us is
Given the almost frenetic volatility of the digital age, how can some companies maintain such an advantage?
Develop New Organisational Capabilities
Organizational capabilities that support collaboration, diversity and organizational learning are required for the experimentation and development of innovating offerings that build future success.
Shorten Product Life Cycle
As the product life cycle duration has been shortened in the digital age thus Pace is the most important P for organizations apart from Other P’s like Product, Place, Price and Promotion.
Opt for Planned Change than Forced Change
Companies should anticipate about the changing business environment and accordingly keeping in mind the future needs must opt for planned change rather than sitting idle and waiting for changing business environment to largely impact them and then go for forced change. Education Industry is one such example which is undergoing forced change - a monumental shift in conventional Education, re-examining the architecture & eco-system of education where EdTech is taking a centre stage and revolutionising the whole learning landscape.
Be Smart About Your Exit Strategy
It is imperative for businesses to pay renewed attention on their businesses / Offerings exit strategies. There is no point throwing good money after bad.
[Views expressed are personal]