Issue 3 2024

CEO MONTHLY / ISSUE 3 2024 25 Cultivating a Resilient Corporate Culture: Leadership Strategies for the New Normal In the corporate world, the term “corporate culture” often stands as a stark reminder of everything that is amiss in the business world. Sadly, buzzwords and cold, clinical language dominate the corporate landscape, emphasising numbers and profit margins over people, and relegating emotion to the periphery. Yet, in the wake of the new normal - thanks to the pandemic, there’s a dire need to reinvent this terminology, infuse it with emotion, and reconnect it with the human element it so often lacks. At its core, the problem with corporate culture lies in its detachment from the very essence of humanity. Too often, executives are consumed by the relentlessness of the bottom line and it’s usually at the expense of everything else. But what if we dared to defy this status quo and reimagine corporate culture as a vibrant place filled with empathy, compassion, and inclusivity? The common problems with corporate culture Corporate culture can vary widely from one organisation to another, but there are many common problems that we see time and time again when we survey ex-employees: The first one is the lack of transparency and poor communication. Employees may feel disconnected from the company’s goals, strategies, and decisionmaking processes. Ineffective communication channels can hinder collaboration, innovation, and problemsolving within teams, ultimately leading to a breakdown in trust between management and employees. The second is micromanagement, which often occurs when managers excessively monitor and control the work of their employees. It often goes hand in hand with highstress and burnout cultures, which prioritise long hours, employees being constantly available, and high-pressure environments. This often stifles creativity and employee engagement, leading to burnout and decreased job satisfaction. A culture that doesn’t prioritise work-life balance may also contribute to higher turnover rates and difficulties in attracting and retaining top talent. The third is overly rigid hierarchy structures, which can slow down decisionmaking processes, impede innovation, and create barriers for collaboration within the organisation. These structures usually see organisations with executives who are resistant to change and may struggle to adapt to new market trends or ways of working – ultimately hindering innovation and competitiveness in the workplace. Corporate culture - a new way of thinking Picture this: a corporate landscape where leaders lead with heart, where authenticity reigns supreme, and where every individual feels seen, heard, and valued. This is the vision we must strive towards—a culture that transcends the constraints of traditional norms and embraces the boundless potential of human emotion. But achieving this transformation requires more than just lofty ideals; it demands concrete action from leaders at every level. It requires a willingness to challenge the norms of the past and embrace a new way of thinking—one that places people above profits and values relationships over revenue. Leaders must lead by example, embodying the principles of empathy and understanding in every interaction. They must create spaces where vulnerability is celebrated, where mistakes are seen as opportunities for growth, and where diversity is not just tolerated but celebrated. Further to this, leaders must be willing to listen—to truly listen—to the voices of their employees, recognising that their perspectives and experiences are invaluable assets in the quest for cultural transformation. By embracing this spirit of collaboration and inclusivity, organisations can break free from the shackles of tradition and embrace a future where corporate culture is synonymous with compassion, resilience, and humanity. In the end, the journey towards a resilient corporate culture is not just about changing the way we work; it’s about changing the way we think. It’s about challenging the notion that success must come at the expense of our humanity and reimagining a world where profit and purpose are not mutually exclusive. So let us dare to dream of a future where corporate culture is not just a buzzword, but a beacon of hope—a testament to the power of human connection to transcend even the greatest of challenges. Together, we can redefine what it means to be a corporation in the 21st century and pave the way for a brighter, more inclusive tomorrow. Ryan Jackson is an internationally recognised serial entrepreneur, author, motivational speaker and the founder of Culture First Recruitment – the first recruitment agency in Dubai to put cultural fit at the forefront of talent acquisition. Oct23629 by Ryan Jackson, founder and CEO of Culture First Recruitment

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