WHY GRAVES / PAINS OF TURNOVER
Building a people-first organization isn’t a cultural decision. It’s a business decision.
Companies with a performance-enhancing culture experience financial benefit over companies without
WITHOUT PERFORMANCE-ENHANCING CULTURE
FIRM CULTURE
WITH PERFORMANCE-ENHANCING CULTURE
166%
REVENUE GROWTH
682%
74%
STOCK PRICE GROWTH
901%
1%
NET INCOME GROWTH
756%
World-renowned thought leader John Kotter, who studied 32 companies over an eleven-year period, observed exponential growth in revenue, stock price, and net income.
These ideas have been further reinforced by a Grant Thorton study in 2019
This study showed public that companies with extremely healthy cultures are 2.5 times more likely to have significant stock price increases. And companies with extremely healthy cultures are 1.5 times more likely to have average revenue growth of 15% or more for the past 3 years.
75% of companies believe that culture is critical to business performance…
…according to that same Grant Thorton study. And yet, 69% of the companies don’t measure culture and 87% don’t regularly survey employees to determine priorities.
Culture eats strategy for breakfast
Attributed to Peter Drucker,
Management Consultant
So what’s your plan?
