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- Cheral Stewart - July 14, 2017
How does a company with a high-trust culture have 3X higher revenue growth than a company with lower trust?
The initial answer is in the data. In 2016, London School of Business did a study using our data from leading companies and found a compelling business case linking a high-trust culture to business revenue.
But this research doesn’t tell us the whole story. How exactly does a company culture affect overall business so drastically?
The link didn’t fully make sense to me until I thought back on my own work experiences.
Let’s do the human math. Most of us who have worked at four or more companies have had at least one experience at a not-great workplace.
Here’s what a day at that low-trust company might look like.
Low-Trust Company Culture
That all adds up to:
Now let’s compare that to a day at a high-trust company.
High trust Culture Company
The human math:
In the first scenario, the employee works about 2 hours per day. Solid but not inspired. In the second scenario, the employee is highly productive, engaged in producing now and innovating for the future for 8 plus hours.
Where do you think you and your company fit in?
Cheral Stewart is a Jill of All Trades and employee at Great Place to Work. She has been an avid youth kickball player, a collegiate athlete (First Women’s Crew Team at UC Berkeley), and fell into the IT/Operations world in the late 90’s. She is currently a writer, artist and handles marketing automation at GPTW.