STUDIES

Studies clearly show that you need to start building a sustainable, purposeful culture now.

 
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Millennials who experience a great culture are 50 times more likely to stay.

 

AVERAGE INCREASE FOR 12 COMPANIES WITH PERFORMANCE ENHANCING CULTURE

Source: Corporate Culture and Performance, John P. Kotter, Harvard Business School, 2011

682%

REVENUE GROWTH

Performance-enhancing culture equals 4x higher revenue growth.

282%

Employment Growth

Happy employees attract other good employees. This creates a scaling growth effect.

756%

Net Income Growth

Strong corporate cultures that facilitate adaptation to a changing world are associated with strong financial results

 
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Bain & Company, “Building a winning culture” by Paul Rogers, Paul Meehan and Scott Tanner, 2006

Result:
“A company’s key to success is in its heart and soul.”

 

TOXIC WORKPLACES COST BILLIONS

Study conducted by Workplace Culture Report Study SHRM in the US, Society for Human Resource Management, 2019

THE COST OF US TURNOVER DUE TO CULTURE OVER 5 YEARS IS $223 BILLION.

49% EMPLOYEES HAVE THOUGHT ABOUT LEAVING THEIR CURRENT ORGANIZATION, WHILE NEARLY ONE IN FIVE HAVE LEFT A JOB DUE TO CULTURE IN THE PAST FIVE YEARS.

76% PERCENT OF AMERICANS SAY THEIR MANAGER SETS THE CULTURE, YET 36% SAY THEIR MANAGER DOESN’T KNOW HOW TO LEAD A TEAM.