Advertising
Advertising

Why Work Environment is the Key to your Business’s Success

Why Work Environment is the Key to your Business’s Success

A working environment comes in all natures and dimensions, and it differs from employer to employer, industry to industry. An attractive workplace culture doesn’t exist by chance; neither can it be forcefully implemented. For some, it takes the extraordinary effort of a great leader; for others, it’s more of an organized thing that implicates planning and vigilant cultivation. Many studies suggest that the most dedicated employees, who demonstrate their commitment to their employers and who lead the organization forward, are more productive and create higher customer satisfaction.

A strong teamwork requires a supportive work environment in which everyone works well together and truly values one another. A supportive culture of a company is vital to finding new answers to business challenges and new opportunities from unique insights.

If you’re on the journey of building a great work environment, here are some common features of successful workplace cultures. Find out how you can leverage the company’s work environment for business success.

Advertising

1. A strong culture benefits companies to retain employees.

When employee retention is low, the organization faces an expensive intellectual and monetary loss. Many studies suggest that building a healthier work environment—where, employees trust the organization, feel pride in their work, and enjoy the atmosphere and the people they work with—increases employee retention, devotion and efficiency.

Studies also illustrate that employees will stick around if there is a room for advancement and growth. No one wants to feel stuck or trapped.  Be sure to set some free time for them to do continuing education about hard skills and softer skills. Reward them either by promotion or pay raise.

2. A great workplace culture reinforces the company’s brand.

A great working environment is likely to remuneration when employees become brand ambassadors of the company. Employees who work in friendly and flexible environments are more likely to talk about their companies on social media, and are more likely to express pride in their organizations.

Advertising

3. A great work environment can lower absenteeism.

Many managers are finding that a flexible and healthier work environment significantly cuts down absenteeism in the company—if it’s executed properly. Flexible work environments help employees to work from home. If appropriate accountability systems are in place, a flexible work environment has the potential to be more favorable, not only for the whole profitability of the business, but for the better customer service as well.

4. The work environment can impressively influence employee morale.

Studies have shown that employee morale is directly tied to the workplace environment—the more stressed and dissatisfied employees are at the workplace, the more productivity will drop. In contrast, a happy employee means fruitful output in a healthy and productive work environment.

5. A strong work environment can be leveraged to execute strategy.

A company with a strong work environment possesses shared values, and it can execute strategies in a better way, by giving guidelines to the employees, to achieve shared company goals. As a result of this, employees across the company are aligned properly with the company’s motto.

Advertising

Strategically you will have to plan creative assignments for the employees. Assign them projects that they are passionate about.  Communicate to them that you need to add value to the company and give them time to be innovative and manage the projects.

6. A strong work environment can improve job performance.

A company must identify what actually motivates, provokes and engages associates at work. People lean towards more productivity when they are in an environment that makes them feel valued and gives them a sense of ownership, where they are rewarded for their hard work. You must compensate your employees as generously as you can.  If you can give yourself the salary that can get you a private jet, the employee’s salary should be adequate for them to make ends meet.

 

Advertising

Employers are not able to do all these overnight; it will require a little extra time to implement the strategies.  Communicate to your employees about your vision, values and goals.  With the alarming rate by U.S. Department of labor Bureau of Labor statistic that more than 2 million Americans are voluntarily leaving their jobs, it is in fact the time for a game change to turn the ramp around.

More by this author

Tayyab Babar

Tayyab is a PR/Marketing consultant. He writes about work, productivity and tech tips at Lifehack.

10 Traits of Sucessful Heroic Leaders 25 Signs That You’re A Mentally Strong Person 10 Astonishing Benefits of Marmite That Will Turn Your Hatred Into Love 5 Fun Ways to Make Money Online That You Should Try 4 Crucial Startup Mistakes That Can Kill Your Business: How You Can Avoid

Trending in Work

1 20 Inspiring Vision Statement Examples (2019 Updated) 2 How to Find Work Motivation When You’re Unfulfilled at Work 3 The Ultimate Work Skills List to Help You Change Careers 4 What Makes A Great Place to Work Whilst Pregnant 5 The Only Way a Short Term Career Goal Will Lead You to Your Dream Job

Read Next

Advertising
Advertising
Advertising

Last Updated on March 12, 2019

20 Inspiring Vision Statement Examples (2019 Updated)

20 Inspiring Vision Statement Examples (2019 Updated)

There is normally a lengthy list of things you need to consider when starting a business, and if you don’t manage them properly, your excitement can quickly turn into overwhelm. What can support you to stay inspired and on the right track when starting out? You guessed it: this is your vision statement.

What Is a Vision Statement?

A vision statement is like a photograph of your future business, which gives your business shape and direction.

A vision statement provides the direction and describes what the founder wants the organization to achieve in the future; it’s more about the “what” of a business. It is different from a mission statement, which describes the purpose of an organization and more about the “how” of a business.

If you were to take a photo of your future business now, what would it look like? What do you want your business to be recognized for one day?

You need to have a crystal clear vision when you start out, otherwise you can get easily lost in deciding the best way forward. When you are making strategic decisions for your business and even daily operation decisions, your vision statement will give you the inspiration and targeted direction you need.

The Importance of a Vision Statement

Without a vision statement, your business will lack motivation to keep going.

If you don’t aim for anything, you might not hit anything. The more specific and clear you are, the better your chances are at seeing your vision turn into reality.

The importance of a vision statement cannot be overlooked; not only does it provide long term direction and guidance, but it also gives you the inspiration and the necessary energy to keep going when you feel lost.

Always keep your vision statement alive by revisiting it regularly and communicating your vision with other members of the team, to inspire and motivate them as well.

How to Craft an Inspiring Vision Statement

1. Dream big and use clear language

An inspiring vision statement should inform a clear direction and priorities for the organization, while challenging all the team members to grow together. Based on our expert sources’ advice, we’ve got some great tips for you:

  • Imagine how you want the business to be like in five to ten years.
  • Infuse the business’ values in the statement.
  • Make sure that the statement is implying a clear focus for the business.
  • Write your vision statement in the present tense.
  • Use clear and concise language.
  • Ensure the statement is easily understood.

There are many different types of vision statements and there is no wrong or right way to do it. The most important thing is to resonate with it. It will always inspire you and give you a clear targeted direction.

2. Get inspirations from the successful companies.

Having researched on a number of successful companies’ vision statements, I’ve shortlisted 20 good examples for the new startups:

Short vision statements made up of a few words only:

1. Disney

To make people happy.

2. Oxfam

A just world without poverty.

3. Ikea

To create a better every day life for the many people.

Quantitative statements are based on numbers, quantities:

4. Microsoft

Empower every person and every organization on the planet to achieve more.

    5. Nike

    Bring inspiration and innovation to every athlete* in the world. (*If you have a body, you are an athlete.)

      Qualitative statements are based on qualities that you want to have:

      6. Ford

      People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.

      7. Avon

      To be the company that best understands and satisfies the product, service and self-fulfillment needs of women—globally.

      Competitor based statements – this type is becoming less common, but famous examples are:

      8. Honda – in 1970

      We will destroy Yamaha.

      9. Nike – in 1960s

      Crush Adidas.

        10. Philip Morris – in 1950s

        Knock off RJR as the number one tobacco  company in the world.

        Role Model Vision Statements – using another company as an example:

        11. Stanford University – in the past

        To become the Harvard of the West.

        12. Reach for Success – in the past

        To become the next Tony Robbins in self development.

        Internal Transformations vision statements:

        13. Apple

        To produce high-quality, low cost, easy to use products that incorporate high technology for the individual.

        14. Giro Sport Design

        To make sure that riding is the best part of a great life.

        15. Tesla

        To accelerate the world’s transition to sustainable energy.

        16. Sony

        To be a company that inspires and fulfills your curiosity.

        17. Facebook

        To give people the power to share and make the world more open and connected.

          Longer and more detailed vision statement:

          18. Walmart

          To give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.

          Advertising

          19. Coca Cola

          To achieve sustainable growth, we have established a vision with clear goals:

          Profit: Maximizing return to share owners while being mindful of our overall responsibilities.

          People: Being a great place to work where people are inspired to be the best they can be.

          Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples; desires and needs.

          Partners: Nurturing a winning network of partners and building mutual loyalty.

          Planet: Being a responsible global citizen that makes a difference.

            20. Heinz

            Our VISION, quite simply, is to be: “The World’s Premier Food Company, Offering Nutritious, Superior Tasting Foods To People Everywhere.” Being the premier food company does not mean being the biggest but it does mean being the best in terms of consumer value, customer service, employee talent, and consistent and predictable growth.

            The Bottom Line

            Remember, always keep your vision statement up-to-date to direct your company’s actions.

            Remember, once you reach your vision, it needs to be changed. General Motors overtook Ford as #1 automotive company in the world because once Ford’s goal was reached, they never updated it.

            Keep your vision statement alive and visibly in front of you, revisit it and let it help direct your actions and activities. This is the fun part: this is where you get to dream really big and allow your imagination to fly as high as you want.

            Don’t hold back, let your creative juices flow and give yourself permission to explore what is possible for your business.

            Advertising

            To your success!

            Read Next