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10/19/2017 Insights

6 Ways You Can Cultivate A Healthy And High-Performing Culture

6 Ways You Can Cultivate A Healthy And High-Performing Culture
by Julian Hayes II

Companies want to be profitable and maximize their performance and impact both in the world and within their industry.

With that said, accomplishing those feats starts with cultivating a culture to allow those things to happen which starts with a priority on employee well-being.

Culture is important -- it affects engagement, mindset, reputation, recruitment of talent, and well being. When looking to cultivate a healthy and high performing culture, start by emphasizing these six points:

1. Encourage an entrepreneurial mindset.

When you equip your employees to think like an entrepreneur, you're giving them the autonomy to look for opportunities and solutions outside the norm.

They're thinking beyond the moment and thus will develop unique approaches to situations which leads to your company differentiating itself.

2. Create a diverse ecosystem.

Diversity is a pivotal ingredient to maximizing the well being and performance of your company. As marketing strategist, author, diversity-in-the-workplace consultant, and fellow Inc.com columnist Sonia Thompson recently told me:

"Diversity contributes significantly to high-performing teams and a thriving company culture, because it brings new voices, ideas, and ways of operating to the table. When everyone has had similar experiences, it can be easy to get lulled into doing what has already been done, following traditional pathways and best-practices as a means to do work and compete.

But that is the old way of operating. And even though it may have worked in the past, continuing to work in a culture that lacks diversity will cause you to lose relevance.

The rapid changes occurring within just the U.S. population prove why this is true. For instance, millennials are currently the largest generation in the American workforce, minorities are projected to be the majority of the working class by 2032, and Gen Z (kids currently 15 and under) are already 49 percent diverse.

For your business to be able to compete moving forward, it is imperative that you build a team that reflects the diversity of the people you want to serve. That means you've got to create a culture that embraces diversity so your team can perform at a higher level."

Gone are the days where we all look, think, and act the same. Doing this only plateaus your company and its potential along with creating unnecessary friction within the company.

Read full article on Inc.