Why Company Culture? Profits Are Linked to it.
The strongest cultures attract the best talent. These cultures have better retention. Retention, over time, leads to institutional knowledge that reduces the costs associated with rework, dissatisfied cutomers and turnover making your company more profitable. Every dollar in savings that falls to the bottom line increases enterprise value by your industry’s multiple. E.G. save $50,000 in costs where your industry’s multiple is 7 and add $350,000 in value to your company. Interested now?
This combination produces a sustainable competitive advantage that helps put your company out in front and keep it there.
It’s an immutable law of a capitalist economy that market forces work continuously to commoditize our products and services. The pressure on margins can be extraordinary! The impact your culture can have on the customer experience, the stickiness that experience can produce, that’s a differentiator your competitors will be hard pressed to replicate. This is just too important to leave to chance.
PathFinder Group can help you shore up your legacy by institutionalizing the values you founded your company on to ensure they remain guiding principles. We will increase your profitability by identifying those behaviors that reflect your values and are critical to the company’s mission. Once identified and defined we will create rituals around their practice supported by an app that will help drive adoption and ultimately create a high performing culture.
We will provide the framework for doing this work intentionally. This framework will include a written plan for systematically shaping that culture to align with your vision. Our methodology is proprietary, time tested and proven effective to drive results throughout your organization.
If your family owned business is not assessing organizational culture, you may be losing important advantages to a competitor.
