Have you ever known a business that has continued to run for years and never lost its uniqueness in the business world?
Do you know what makes them survive in the business world?
If you look closer, one of the keys to success and strategy is not about the profits they get, but the company culture that is reflected from the outside. Many businesses fail not because they run out of strategy, but because they lose direction. And that direction is determined by culture.
Have you ever been in a position where you saw the difference between your previous leader and your current one? Truth is changing CEOs, directors, or managers is normal but the risks of a business becoming overly reliant on a single figure. This is why leadership transitions are crucial moments.
Based on data from the Pew Research Center, 57% of workers decide to resign because they feel unappreciated at work.
A culture that is no longer the same as that applied in the workplace can make employees feel unappreciated. They need compass in every transition, including in changing bussiness direction.
So how do you maintain the culture?
All values are clear and need to be understood by the employees that way their daily behavior is aligned with the company’s vision. So if there’s a leadership transition, the culture doesn’t depend on that one person. A leader doesn’t just lead, but maintain culture. A strong leadership strengthens culture, not replaces it.
Leaders may change, but culture can help the business stay alive and the direction of the business should not be shaken.
