We are excited to share the launch of our new study, Aligning Culture with the Bottom Line: How Companies Can Accelerate Progress, which surveyed over 500 CEOs globally to better understand how much culture matters.
Our study reveals that connecting organizational culture to business strategy can help unlock better financial performance. And while building and maintaining a strong corporate culture during the pandemic proved to be a priority for the majority of CEOs at large companies globally—most leaders are not effectively aligning culture with financial performance.
Some Top Findings
- 82% of CEOs globally say culture is a key priority for driving financial performance, yet 74% chose other factors like strategy, leadership and polices as the top three drivers of financial results
- 74% of CEOs did not choose culture as a top driver of financial results, highlighting the lack of understanding around the critical role culture can play in supporting business performance
- As organizations focus on returning to the office, hybrid work environments and a tightening labor market, CEOs recognize the need to align culture with strategy and operating models, but they often don’t know where to start