Jul 6, 2018 By: yunews
Dr. Sharon Poczter, chair of the strategy and entrepreneurship department at , recently in Inc. titled 鈥淭here's No Such Thing as Good Company Culture. Here's How You Can Succeed Anyway.鈥
She acknowledged that while 鈥済ood company culture鈥 is essential to business success, 鈥渢here is no one recipe for 鈥榞ood鈥 company culture.鈥 However, leaders who want to build a culture 鈥渢hat motivates employees to do their job well鈥 can look to economics and social psychology for some guidance: provide a well-thought out incentive system based on financial and non-financial rewards and provide outlets that reinforce the meaningfulness, authority, and feedback of employees鈥 work.
鈥淭he only certainty in building culture,鈥 Dr. Poczter concluded, 鈥渋s that you must understand and focus on appealing to employees鈥 fundamental behavior by providing incentives that motivate, and strategies that authentically build employee satisfaction with their work. Understanding this fundamental behavior is the most long-lasting and only true guide to culture as your company grows.鈥
