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TMI BlogStrong Workplace Culture Key to Retention: 91 percent Say Work-Life Balance Is Crucial, Reports Primus PartnersX X X X Extracts X X X X X X X X Extracts X X X X ..... Strong Workplace Culture Key to Retention: 91 percent Say Work-Life Balance Is Crucial, Reports Primus Partners X X X X Extracts X X X X X X X X Extracts X X X X ..... oing deliberation, Primus Partners, a leading homegrown consultancy firm, has released findings from its report, Culture Eats Strategy for Breakfast: Fact or Fiction? The report, which gathered insights from private and public organisations, reveals that 99% of respondents view culture as essential to the success of company strategy. The report draws from global examples, such as Zappos and Netf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lix, to showcase how values-driven cultures foster employee engagement, innovation, and profitability. Conversely, it emphasizes the risks of cultural misalignments, including billions of dollars in lost value from failed mergers. Key Insights The report outlines five critical drivers of impactful workplace culture: Work-Life Balance: 91% emphasised that promoting work-life balance is key to r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... etaining talent and ensuring workplace satisfaction Organisational Values: 93% of respondents highlighted the importance of well-defined, consistently upheld values in fostering trust and aligning employee motivation with business goals Leadership: Effective leadership, cited by 93% of respondents, is pivotal for shaping and sustaining a positive culture Collaboration: 95% stressed that team ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... work and open communication are integral to employee engagement and productivity Managerial Relationships: 94% recognised the impact of positive relationships with reporting managers on retention and job satisfaction Generational Nuances The report reveals distinct generational priorities. Millennials prioritise purpose-driven workplaces, while Gen Z places greater importance on mental health an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d well-being. Tailored cultural interventions are crucial for fostering inclusivity and harmony across diverse workforces. Opportunities and Recommendations The report identifies strategies to align culture with organisational goals, including: Conducting regular culture and engagement surveys to address employee needs Developing cohesive, values-driven leadership frameworks through targeted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... training and succession planning Implementing flexible policies such as hybrid work models and mental health support systems Designing programs that cater to generational differences for an inclusive and harmonious culture Devroop Dhar, Managing Director, Primus Partners, said, "Culture is not a static concept; it evolves with the organisation's vision and socio-economic landscape. Our findin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gs reaffirm the need for businesses to treat culture as a strategic asset. At Primus Partners, we prioritise work-life balance through flexible policies, mentorship programs, and a collaborative work environment. Investing in leadership development, fostering inclusivity, and aligning organisational values with stakeholder expectations will drive long-term growth, innovation, and resilience." The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... findings affirm that culture is a cornerstone of organisational growth. Companies that prioritise cultural alignment and adaptability are better positioned to thrive in a competitive market.
(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR X X X X Extracts X X X X X X X X Extracts X X X X
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