Skip to main content

How to Foster the Desired Culture

From an article by Rajeev Peshawaria in The Mint.
I define culture as what your people do when no one is looking.

...The first step is to articulate the desired culture in terms of the specific behaviour expected from all employees. Use full sentences that tell people exactly what to do and what not to do. “Excellence”, “passion” and “collaboration” are large, abstract words which mean different things to different people—a clearer way of articulating the cultural principle or value of excellence is to say, “Find better ways of doing things.” Similarly, instead of just saying “collaboration”, a better bet might be to say, “Proactively help others to succeed”. Most companies have prescribed corporate values, but they usually stay on the hallway posters they’re relegated to—because nothing is done to socialize or reinforce them.

The next step, therefore, is to socialize the desired culture. Repeatedly communicate it at every possible opportunity. This sounds easy but there are two common pitfalls. The first is over-reliance on verbal communication; giving speeches about collaboration at town hall meetings is not enough. Leaders must communicate through their actions as well, because employees hear their leaders’ actions louder than their words. In essence, humans are hierarchical by nature and look towards people of authority to get clues on how to behave. A culture of collaboration must begin with the senior leadership team. Companies cannot hope to establish a collaborative culture through their ranks unless they get into the habit of regularly assessing the leadership team culture first.
Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private equity, venture capital and M&A deals in India. Click Here to learn about Venture Intelligence products that help entrepreneurs reach out effectively to the investing community.

Popular posts from this blog

How I Raised Funding - Priyanka Agarwal, Wishberry

You have to be confident and shameless while crowdfunding. Priyanka Agarwal, Wishberry shares on how to succeed in crowd funding with Venture Intelligence in this  interview. Priyanka also candidly shares how the team built Wishberry, raised funding from top angel investors like Rajan Anandan, on pivoting, and difficulties in raising capital for entrepreneurs operating in niche spaces not chased by VCs. Q: What does Wishberry do? Priyanka Agarwal : In its latest avatar, Wishberry has pivoted into crowd financing of low budget films (INR 1-5 Cr). We are essentially trying to create an internet platform for investment opportunities for HNIs in films including Marathi, Tamil, Kannada, or films targeting the global diaspora. L-R: Co-founders Anshulika Dubey & Priyanka Agarwal, Wishberry Given that you are building a marketplace, how did Wishberry solve the Chicken and Egg problem? Beyond the “all or nothing” model what did Wishberry do to pull in more arti...

Profile of Career Forum founder

The Starship Enterprise column in The Economic Times (not available online), featured Sujata Khanna of entrance exam training institute, Career Forum. The company, which started with just seven students in Pune, now covers over 39 cities reaching over 15,000 students. ...The most important milestone I think was in 1995 when we decided to incorporate Career Forum into a Company. This brought in a lot of professionalism and we also went for expansion. ...Strong technical network is our unique selling proposition. We have a strong ERP system running across all centres in all areas of business from distribution to logistics... Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of information and networking services to the Private Equity and Venture Capital ecosystem in India. View sample issues of Venture Intelligence India newsletters and reports.

Should VCs buy out angels?

Interesting discussion at VentureWoods between Deepak Shenoy and Roshan D'Silva on this " perennial topic ". Here are their first posts (in the comments section): Deepak Shenoy said, Alok, true - there is reason to think about why one wants to exit. As a stock market investor, I have made decisions to sell companies at (say) 400% profits, when the company went on towards 1000% of what I bought - yet, I wasn’t sulking in a corner. Because a) 400% is pretty nice and b) I’d reached that comfort level of profits. Angels may not want to stay the distance, which could be much longer than their cash needs, and if the current valuation is attractive enough for them to exit. As individuals I would imagine that angel investors are the kinds that put in Rs. 10 lakhs to Rs. 50 lakhs in a business - and honestly, there are a number of such people who have this kind of cash lying idle in bank accounts (idle = they don’t need it right now). Such people can be angels, but they won’t b...