92% Leaders Believe That ‘Workplace Culture Has A High Impact On A Company’s Financial Performance’

Dale Carnegie Training India organised the second edition of the Dale Carnegie Expert Forum 2017 in Mumbai. The event is an exclusive annual roundtable series bringing together some of India’s foremost thought leaders and opinion-makers to brainstorm, challenge conventions and provide perspective on concepts critical for organisational success.

The theme of this year’s roundtable discussion was: Driving Engagement through Organisational Culture: How to Transform Attitudes and Actions to Create Successful Workplace Cultures. An esteemed group of HR leaders discussed real issues/situations and brainstormed solutions in the context of global L&D trends, future organisational challenges related to employee-engagement and shared insights from around the world.

Along with the event, a research report on ‘Transforming Attitudes and Actions: How Senior Leaders Create Successful Workplace Cultures’ was launched. The discussions of the roundtable were based on a survey of this report conducted amongst 600 senior leaders across four countries i.e., India, United States, Germany and Indonesia. The research examined the perceptions of senior leaders on the strength of their own company cultures, their attitudes about its importance and impact, and actions they are taking to improve it. 

The research findings revealed 92 percent of the leaders from successful companies believe that workplace culture has high impact on company’s financial performance. The top three things successful companies are doing to improve their culture through engaging employees are: providing developmental training (43%), improving workplace conditions (37%) and creating clear paths for career advancement (30%). 84 percent of executives from leading organisations are currently taking measures to enhance their workplace culture.

Pallavi Jha, Chairperson and Managing Director, Dale Carnegie Training India said, “Creating an effective and engaging workplace culture continues to be a top priority for companies globally. The research has shown us that the workplace culture has 20-30 percent differential outcome on company’s performance. It is very interesting to know that almost 95 percent of the respondents said that they prioritize workplace culture. But one needs to know that corporate culture runs deep; the fact that it’s embedded in nearly everything an organisation thinks and does is what makes it so powerful – and so hard to transform."

Some of the eminent panelists present at the roundtable were: Mr. Rajeev Dubey, Group President (HR & Corporate Services, Mahindra) & CEO (After-Market Sector); Ms. Rajkamal Vempati, Head Human Resources Axis Bank; Ms. Poppy Sharma, Assistant General Manager with Central Bank of India; Mr. Aadil Bandukwala, Social Talent Evangelist, Belong; Ms. Michelle Bonterre, Chief Brand Strategy Officer, Dale Carnegie Training; Mr. Paul Siregar, Managing Director of Dale Carnegie Indonesia; Mr. Uwe Göthert, Managing Director Dale Carnegie Germany.