What is the impact of company culture on company value? Find out in our latest blog post below.
At its core, company culture is how things get done around the office. It is how you do what you do in your workplace. It consists of the formal and informal systems, behaviors, and values that define your workplace.
The company values, also called core values, are the guiding beliefs that guide a business. Company value can also mean revenue, profit, customer, clients, and more from a numbers standpoint.
Regardless of company value or culture, they both come together in one way; people. Without people, your company has no value. Without people, your company has no culture.
When you purchase or invest in a company, you want something that will be ongoing. People make it persistent. As a leader of a company, you don't want a business that will require you to take control of everything all at once.
Constantly steering a business in the right direction does not bring about the correct value. A business owner should oversee the company, execute a plan, and implement that plan day in and day out. The only way to keep a company going is to invest in employees who will help execute the company plan.
Vend Advisors can help you discover your company culture and values through observational standpoints. We look at your company's processes, structure, and people.
You can count on Vend Advisors for help! Please browse our website or contact us today for more information!