corporate culture | The Private Business Owner

Creativity: The Middle-Market Company’s Superpower

November 19, 2015 By Jessica Johns Pool

creativity-in-workplace

Creativity in the form of new, highly targeted products and services and refined customer support are the lifeblood of middle-market companies. Thus, the smart executive aims to nourish creativity in his or her workforce.

Lest you think creativity is some touchy-feely subject for academics, think again.

The consequences of discouraging creativity can be dire. Missed revenue opportunities are just the first outcome. Employees who feel hemmed in become unmotivated and may even leave your organization in order to pursue their good ideas elsewhere. [Read more…]

7+ Science-Based Things Every Boss Needs To Know About Happiness At Work [Infographic]

November 18, 2014 By Editor

Being happy at work isn’t just about work. People that are satisfied with their lives all around are more likely to be happy at work. And productivity is positively influenced by good moods, with happy workers being 31% more productive than unhappy ones, according to an infographic from Happify, a company that uses science and technology to empower people to lead happier lives.

This information is nothing new, but we always need a little nudge every now and then to remind us to review, reflect, and improve our workplace practices to ensure we’re setting our employees and our companies up for success. [Read more…]

One More Benefit of A Great Corporate Culture: Fewer Leaks

February 28, 2013 By Lindsey Perkins Wade

If you weren’t already convinced that having a positive corporate culture is essential to your company’s success, especially if you’re planning to sell your business at some point, here is one more reason to develop a culture that makes other CEOs jealous: fewer leaks. [Read more…]

Corporate Culture Matters When Hiring

May 9, 2012 By Lindsey Perkins Wade

Corporate culture matters. It affects your bottom line. It can be the reason you lose top employees. It can motivate and empower employees. It can either attract or repel potential employees.

Recently Bill Barnett, former lead of the Strategy Practice at McKinsey & Company, wrote a piece for the Harvard Business Review Blog called When Choosing a Job, Culture Matters.

In the piece Barnett chronicles the story of Sean, a person who received a job offer at a Fortune 500 company to be its chief administrative officer. Sean would be the first person to occupy such a position within the company.

Sean turned down the offer after concluding that the role wouldn’t be a good fit in the performance-driven environment where everyone measured success by a person’s direct contribution to the bottom line. [Read more…]