Why Invest Time & Money in Business and Team Values & Vision?
Feb 15, 2023Are you looking to increase your business’s financial success and staff satisfaction?
Studies have shown that having a clear vision and set of values that are embraced by your staff can be a major factor in achieving this goal.
According to a study conducted by Monash University in Australia, having a clear vision and values can improve performance and staff satisfaction in a business. The study found that businesses with a clear vision and values had an average of 24% higher job satisfaction than businesses without a clear vision and values. Additionally, businesses with a clear vision and values had average performance ratings 45% higher than those without a clear vision and values.
Creating a strong, unified culture can help ensure that your business is successful in the long term.
Here are some steps you can take to make sure your staff are on board with your vision and values:
- Communicate your vision and values clearly, in both written and verbal form.
- Provide regular training and development opportunities to help your staff better understand and embrace your vision and values.
- Lead by example and demonstrate the importance of your vision and values in your own behavior.
- Foster an atmosphere of open dialogue and give your staff opportunities to share their thoughts and opinions.
- Regularly recognize and reward staff who exemplify your vision and values.
At Minds on Purpose, we understand the importance of having a clear vision and values for your business. Our experts can help you define and communicate them to your staff, so you can see the positive results for yourself.
Contact us today to learn more.
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