top of page
Membership
Events
Family Business Insights
News

Subscribe to our newsletter

6 Factors That Comprise A Company’s Culture

Updated: Oct 2

“Corporate culture” is a buzz phrase that’s been going around for over a decade now, though the actual meaning behind this hot topic is often lost. A company’s culture goes far beyond celebrations, perks, and the office layout. In fact, it reaches the very core of a business.


We spoke to Joel Patterson, the founder of The Vested Group who shared with us six factors that comprise a company’s culture.


Heritage and Vision

Every business has an origin story, and this narrative has the potential to be a driving force for success. It’s important to incorporate your organization’s heritage into your culture. Sharing your business’s unique history connects your employees to the “why” behind your organization’s conception. By celebrating your business’s roots, you connect your staff to the company’s original purpose and encourage them to embody it in their work.


Values and Practices

Companies often define their core values for their employees, but those mean very little if accepted corporate practices don’t align. It’s important to ensure that communication standards, leadership structure, workplace environment, etc. all promote your company values.


Contribution and Recognition

Sometimes it’s hard for employees to see how the work they do affects the big picture. You never want a member of your staff to feel small or insignificant. Celebrate individuals’ accomplishments, hard work, or great ideas. Make a habit of telling your employees how much you appreciate them and how important their contribution is to the overall success of the company.


Promote Growth

No one wants to stick around at a job they feel is stagnant. It’s important to encourage professional growth so employees feel they are improving themselves and their lives while working for you. This can be through continuing education courses, seminars, a book club, or even just built-in flexibility to explore new topics.


Positive Work Environment

This may seem like a no-brainer, but in order to keep employees happy, they have to want to come to work. Take steps to create a positive workplace that’s fun to come to every day.


Stay Consistent

After you’ve decided on the elements that make up your company’s culture, enstate them across the board. Consistency helps build employee trust. If your staff sees inconsistency in your culture, they’ll know it isn’t genuine.


Remember, each company’s culture is unique, and the perfect culture doesn’t always come right away. Don’t be afraid to reflect and revise as you go.

Most Read Articles
Stobo Castle Health Spa: A Timeless Journey from Ancestral Estate to World-Class Destination Spa
Paul Andrews - Founder & CEO, Family Business United
Family Businesses Urged To Sign Petition To Abolish 'Family Business Tax'
Paul Andrews - Founder & CEO, Family Business United
Inheritance Tax And Family Businesses
Gavin Birchall - Partner, Head of Tax & Trusts at Birketts
FBU Leads Call For 'Family Business Tax' To Be Reversed
Paul Andrews - Founder & CEO, Family Business United
The Changing Succession Landscape
Paul Andrews - Founder & CEO, Family Business United
Changes To BPR Create A Negative Impact On Economic Growth
Paul Andrews - Founder & CEO, Family Business United
Untitled design copy (8) copy (4) copy-Medium-Quality (1).jpg

Subscribe to our newsletter

SIGN UP AND JOIN NOW!

FBU continues to expand and has a growing membership base around the world. Recognised as THE family business champions we have also gained recognition in both of the Top 100 Global Family Business Influencers list compiled by Family Capital. We are also the VOICE of the family business community, celebrating their contribution throughout the UK and beyond.

sme-capital.png
axiom-logo.png
BM_LOGO_PRIMARY_BLACK_RGB (1).png
western-pension-solution-logo.png
TYWD Logo_Gold & Blue Centered.png
fosters-logo.png
Goodman-Jones-gold-white-v2.png
Birketts_Logo_Strapline_WHITE_on_purple.jpg
Rickard-Luckin.png
Turcan-Connell.png