Beyond Fit: Why culture affects the bottom line

The culture of your business will directly affect your bottom line. When employees feel safe and trusted, they stay in jobs longer and do better work.

Transcript

1. Natalie Nagele CEO of Wildbit @natalienagele Beyond Fit: Why culture affects the bottom line
2. 16 100,000+ 26 YEARS IN BUSINESS COMPANIES LOVING OUR PRODUCTS FAMILY MEMBERS
 IN 5 COUNTRIES
3. A new workflow to write, review, and ship web applications. A fast & reliable transactional-only email platform for web applications A complete workflow to write, review & deploy code. Instantly build and ship code anywhere in one consistent process for your entire team. Com ing soon
4. We’re more than a company.
5. A company can be profitable and successful by focusing on the team first.
6. Wildbit = Culture
7. Wildbit is product agnostic. We exist for our team. We'd rather grow slowly and feel like a family than have a runaway success. 1 V A L U E
8. 1. What is Culture? 2. Why is it important? 3. How do you build it? Beyond Fit
9. 1 What is(n’t) Culture?
10. Image BenKrantz.com
11. Photograph by Officesnapshops.com
12. Photograph by glassdoor.uk
13. Photograph by Yucatar
14. 1 What is Culture?
15. –Wikipedia Organizational culture encompasses values and behaviors that contribute to the unique social and psychological environment of an organization. “ ”
16. Company culture is shared values and a commitment to shared goals.
17. Are your values and goals healthy?
18. Gaming culture ⚕ Medical field ⚖ Lawyers
19. 2 Why is culture important?
20. –US Dept of Labor and Statistics The medium tenure of workers aged 25-34 is 3.2 years “ ”
21. It affects the bottom line.
22. –SHRM study on turnover Turnover can cost you 6 to 9 months’ salary, on average. “ ”
23. Source –Gallop Burnout is costing Germany 9 billion Euros in lost productivity, yearly. “ ”
24. –SHRM study on turnover It takes an average 43 days to just a fill a new position. “ ”
25. It affects the top, too.
32. Photograph by Yucatar
33. 3 How do you build a good culture?
34. Why do people have a job?
35. 1. Success or purpose in their professional life Why do people have a job?
36. 1. Success or purpose in their professional life 2. Enable a life outside of work Why do people have a job?
37. Tie your values to those simple principles.
38. 1. Success or purpose in their professional life 2. Enable a life outside of work Why do people have a job?
39. Keep the work interesting Professional life:
41. As individuals, we are self-motivated and constantly improving our craft. This desire to improve exists internally and doesn't require external influence. 2 V A L U E
42. Freedom to explore your craft Professional life:
44. As a team, we support each other to do the work of our lives. We help each other remove obstacles, look at problems from multiple points of view, and stay focused on what matters. 3 V A L U E
45. Don’t put people in boxes Professional life:
46. Photograph by Kelly Sikkema
47. We expect great things from ourselves. You should expect the same from everyone else. We'd rather grow slowly and feel like a family than have a runaway success. 4 V A L U E
48. Image credit
49. 1. Success or purpose in their professional life 2. Enable a life outside of work Why do people have a job?
50. Tie your values to those simple principles.
51. Human-friendly hours Personal life:
52. 40-hour work weeks.
53. Most things are not urgent. Be patient, stay calm, go home. We take our work seriously, but solid health and family life is what enables us to do our best work. 7 V A L U E
54. Flexible Hours.
55. Photograph by Bench Accounting
56. The best ideas happen in peace and quiet (or when you are not around a computer). Don't get caught up in the act of keeping busy at the expense of not thinking clearly. 8 V A L U E
57. Create a safe space Personal life:
58. Photograph by Aaron Burden
60. Don't be an asshole. Don’t take advantage of our trust and respect for each other. 10 V A L U E
61. Extensive Benefits Professional life:
62. It’s just about compassion
63. • Competitive salaries • Annual raises above industry standard • Profit sharing • 25 PTO days • 100% paid health, dental and vision • 401k (coming 5/1)
64. Results of a healthy culture
65. YEARS IN BUSINESS COMPANIES LOVING OUR PRODUCTS FAMILY MEMBERS IN 5 COUNTRIES 16 100,000+ 26
67. 13 out of 16 people hired in the last 2 years are still here.
68. 100+ job applicants
69. I would love to work with a company that values their employees so vastly. “ ” –Wildbit Job Applicant
70. –Wildbit Job Applicant It is apparent that you have been intentional in developing a company culture that values work/life balance. “ ”
71. Professional success Life outside of work Photograph by Brooke Cagle
72. Committed and driven team.
74. Protect each other.
75. Photograph by Kev Soto
76. Culture = shared values and goals
77. Your culture will define your success the business
78. Healthy culture = remember why people work
79. Values curated by your team and ever evolving will lead to victory
80. Natalie Nagele CEO of Wildbit @natalienagele wildbit.com