Recession Prep Question: How important is the right culture to business survival?

  1. Understanding the true meaning and spirit of relationships. This must be shared and exemplified at every point of contact with all within the organization.
  2. Developing the right culture at all levels. Be careful — culture is also defined as bacteria. This takes time and commitment, and is a reflection of how people, whether employees, suppliers or others, are treated at all times.
  3. Creating an environment of truth, trust and transparency based upon open, two-way communication — the cornerstone of creating the right culture. Think of a three-legged stool that could hold a great deal of weight when fully intact yet would immediately fall under its own weight if one leg was compromised.
  4. Establishing your organization as family. Treat them as such but understand that this is not the typical type of family of yesteryear with subservience to the head of the household. Mutual respect is paramount.
  5. Building an environment whereby all are focused on mutual goals and objectives. All must sing from the same hymnal, and not just for dress rehearsal; be sure everyone has the hymn book; ideally, one that is based upon collaborative efforts.

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Paul Segreto

Paul Segreto

CEO at Acceler8Success Group. My goal is to be a resource for current & aspiring entrepreneurs. I strive to connect the right people, brands & opportunities!