Key Takeaways from OC Tanner’s Global Culture Report: What Employers Need to Know

In today’s globalized world, it’s becoming increasingly important for organizations to foster a positive culture that promotes engagement, innovation, and growth. OC Tanner’s Global Culture Report sheds light on the key aspects that define organizational culture and its impact on employee engagement. In this article, we will delve into some of the key takeaways and insights from the report that can help employers create a thriving culture that drives business outcomes.

Empowerment is Key to Engagement
Employees who feel empowered are more likely to be engaged, innovative, and committed to contributing to the organization’s success. According to the report, the most impactful cultural practice is providing opportunities for employees to develop their skills. Providing meaningful work is also essential for engagement among employees. A culture that promotes autonomy, encourages creativity, and empowers its employees is not only rewarding for individuals but also drives business outcomes.

Fostering a Sense of Belonging
Another important finding from the report is that a sense of belonging promotes engagement among employees. A culture that celebrates diversity and inclusion is more likely to build a sense of belonging amongst employees. The report noted that employees who feel they can be themselves at work are almost twice as likely to feel engaged. Furthermore, creating a sense of belonging can also help employees feel more connected to their organization, which can lead to higher retention rates.

Recognition and Rewards for High-Performance
Recognition is crucial to promoting a positive culture. The report highlights that recognition for high-performance can boost engagement and motivation among employees. Recognition should be meaningful, relevant, timely, and genuinely reflect the contributions of employees. A robust recognition program can help establish a culture of excellence and create a sense of purpose among employees.

Leadership is Key to Culture
The report noted that leadership is central to developing a positive culture that drives business outcomes. Leaders who promote a positive culture should lead by example and demonstrate the organization’s values and behaviors. The report also highlighted that the most successful cultures are those that are authentic, transparent, and consistent. Leaders who prioritize engagement and development for their employees will see a positive impact on business outcomes.

In conclusion, the OC Tanner Global Culture Report emphasizes the importance of a positive culture that promotes engagement, innovation, and growth. Employers who prioritize empowering their employees, fostering a sense of belonging, recognition and rewards for high-performance, and strong leadership will see positive business outcomes. By understanding the key takeaways from the report, employers can adapt their organizational culture for the benefit of their employees and their company.