Today’s recruiting is constantly adjusting to changes in technology and the way people interact with each other. While every company is a living organism with its own unique vision, values and beliefs, one thing remains true for all successful businesses -- organizations with mission-driven culture that fosters transparency and productivity will continue driving the highest quality performance this year.
We’ve been keeping an ear to the ground on the trends in the business world by following fast-growing companies like HubSpot, Zappos and Netflix. What makes these entrepreneurial environments so successful is the recognition that “culture” is not only about ping-pong tables, on-site beer gardens and work-from-home. Culture is about using the right tools to organize people in the way that fosters productivity and helps achieve goals.
Let’s take a deeper dive into the specifics of what actually makes company culture of the future, so you can take the lead in setting up your own dream team for success in 2016.
1. Holacracy and Self-Organization
As opposed to traditional top-down, predict-and-control organizations, the idea of ‘Holacracy’ manages companies in a way that distributes the decision-making power across the system of clearly defined roles and responsibilities without the need for micromanaging. This sort of flat structure creates an environment of collaboration and efficiency and is more agile than the traditional approach to organizational culture. Companies that embrace holacracy are able to build high-performance teams and capitalize on every aspect of collaboration in reaching their goals.
2. Transparency and Trust
When HubSpot went public in 2014, every employee was given insider access to company financial and planning records, so everyone could understand their level of involvement in strategic goal implementation. While many organizations are still not comfortable with this sort of transparency, HubSpot does an excellent job in getting everyone on the same page where employees know exactly how they can contribute to the growth of the company.
3. Training and Education
According to a study conducted by GlassDoor, career growth is one of the biggest considerations job seekers take into account before accepting a job. Investing in training (management, leadership and mentorship courses) is a great way to increase productivity, boost employee morale and revive your culture with educated and skilled talent.
4. Employee Empowerment
In today’s business world, we’ve seen an increased number of organizations who empower their staff to make better decisions. As a result of giving people a decision-making autonomy, employees at all levels are more motivated to stay consistently engaged in their work, which in turn helps improve overall efficiency and productivity.
Adopting best managerial practices like encouraging transparency, honesty and building a sustainable organizational culture of trust and support will make your company stronger in the years to come. If you would like to learn more about what makes a great company culture, let's chat!