Generations Law - February 2020

Generations Law - February 2020

The Business Brief

February 2020

Developing Your Company’s Culture

answer their questions. Not surprisingly, many of your employees won’t have a clue about business financial statements. Sharing financial information will help employees see how their work contributes to their success and the profitable growth of the business. Be sure to frequently remind your managers and employees that each one of them contributes to your company’s success. Highlight career advancement paths, showing employees how contributing to the company’s growth puts their future career growth in their hands. When employees realize they are trusted by and can trust management, they’ll step up and perform their work in an engaged and thoughtful manner. Strive to create an ownership culture in which employees see the business in the same way you do. People will fight for what they have helped create and will understand how their contributions relate to the success of the enterprise. Overcome the typical situation where employees only see their work in isolation and never know the direct tie on how much they are helping (or hurting) the company. Besides, letting your employees in on the “inside” scoop will elevate their status and let them know they are in a unique group and privy to information that people at other organizations are not.

should be to support the greater good of the business by improving employee relations so employees know what they are working for, feel valued, and deliver results that support continual and sustainable company growth. Some business owners worry that opening up information like financial >Page 1 Page 2 Page 3 Page 4

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