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Beyond Fit: Why culture affects the bottom line

Beyond Fit: Why culture affects the bottom line

The culture of your business will directly affect your bottom line. When employees feel safe and trusted, they stay in jobs longer and do better work.

Wildbit

May 02, 2017
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  1. Natalie Nagele
    CEO of Wildbit
    @natalienagele
    Beyond Fit:
    Why culture affects the bottom line

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  2. 16 100,000+ 26
    YEARS IN
    BUSINESS
    COMPANIES LOVING
    OUR PRODUCTS
    FAMILY MEMBERS

    IN 5 COUNTRIES

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  3. A new workflow to write, review,
    and ship web applications.
    A fast & reliable transactional-only
    email platform for web applications
    A complete workflow to write,
    review & deploy code.
    Instantly build and ship code anywhere in
    one consistent process for your entire team.
    Com
    ing
    soon

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  4. We’re more than a company.

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  5. A company can be profitable and
    successful by focusing on the team first.

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  6. Wildbit = Culture

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  7. Wildbit is product agnostic.
    We exist for our team.
    We'd rather grow slowly and feel like a family than have a runaway success.
    1
    V A L U E

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  8. 1. What is Culture?
    2. Why is it important?
    3. How do you build it?
    Beyond Fit

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  9. 1 What is(n’t) Culture?

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  10. Image BenKrantz.com

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  11. Photograph by Officesnapshops.com

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  12. Photograph by glassdoor.uk

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  13. Photograph by Yucatar

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  14. 1 What is Culture?

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  15. –Wikipedia
    Organizational culture encompasses values and
    behaviors that contribute to the unique social and
    psychological environment of an organization.


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  16. Company culture is shared values and
    a commitment to shared goals.

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  17. Are your values and goals healthy?

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  18. Gaming culture

    Medical field

    Lawyers

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  19. 2 Why is culture important?

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  20. –US Dept of Labor and Statistics
    The medium tenure of workers
    aged 25-34 is 3.2 years


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  21. It affects the bottom line.

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  22. –SHRM study on turnover
    Turnover can cost you 6 to 9
    months’ salary, on average.


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  23. Source
    –Gallop
    Burnout is costing Germany 9 billion
    Euros in lost productivity, yearly.


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  24. –SHRM study on turnover
    It takes an average 43 days
    to just a fill a new position.


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  25. It affects the top, too.

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  26. Photograph by Yucatar

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  27. 3 How do you build a good culture?

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  28. Why do people have a job?

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  29. 1. Success or purpose in their professional life
    Why do people have a job?

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  30. 1. Success or purpose in their professional life
    2. Enable a life outside of work
    Why do people have a job?

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  31. Tie your values to those simple principles.

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  32. 1. Success or purpose in their professional life
    2. Enable a life outside of work
    Why do people have a job?

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  33. Keep the work interesting
    Professional life:

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  34. As individuals, we are self-motivated
    and constantly improving our craft.
    This desire to improve exists internally and doesn't require external influence.
    2
    V A L U E

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  35. Freedom to explore your craft
    Professional life:

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  36. As a team, we support each
    other to do the work of our lives.
    We help each other remove obstacles, look at problems from multiple
    points of view, and stay focused on what matters.
    3
    V A L U E

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  37. Don’t put people in boxes
    Professional life:

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  38. Photograph by Kelly Sikkema

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  39. We expect great things from
    ourselves. You should expect the
    same from everyone else.
    We'd rather grow slowly and feel like a family than have a runaway success.
    4
    V A L U E

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  40. Image credit

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  41. 1. Success or purpose in their professional life
    2. Enable a life outside of work
    Why do people have a job?

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  42. Tie your values to those simple principles.

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  43. Human-friendly hours
    Personal life:

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  44. 40-hour work weeks.

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  45. Most things are not urgent.
    Be patient, stay calm, go home.
    We take our work seriously, but solid health and family life is what
    enables us to do our best work.
    7
    V A L U E

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  46. Flexible Hours.

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  47. Photograph by Bench Accounting

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  48. The best ideas happen in peace and
    quiet (or when you are not around a
    computer).
    Don't get caught up in the act of keeping busy at the expense

    of not thinking clearly.
    8
    V A L U E

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  49. Create a safe space
    Personal life:

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  50. Photograph by Aaron Burden

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  51. Don't be an asshole.
    Don’t take advantage of our trust and respect for each other.
    10
    V A L U E

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  52. Extensive Benefits
    Professional life:

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  53. It’s just about compassion

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  54. • Competitive salaries
    • Annual raises above industry standard
    • Profit sharing
    • 25 PTO days
    • 100% paid health, dental and vision
    • 401k (coming 5/1)

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  55. Results of a healthy culture

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  56. YEARS
    IN BUSINESS
    COMPANIES LOVING
    OUR PRODUCTS
    FAMILY MEMBERS
    IN 5 COUNTRIES
    16 100,000+ 26

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  57. 13 out of 16 people hired in the last 2 years are still here.

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  58. 100+ job applicants

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  59. I would love to work with a company
    that values their employees so vastly.


    –Wildbit Job Applicant

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  60. –Wildbit Job Applicant
    It is apparent that you have been
    intentional in developing a company
    culture that values work/life balance.


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  61. Professional success
    Life outside of work
    Photograph by Brooke Cagle

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  62. Committed and driven team.

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  63. Protect each other.

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  64. Photograph by Kev Soto

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  65. Culture = shared values and goals

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  66. Your culture will define your success the business

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  67. Healthy culture = remember why people work

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  68. Values curated by your team and ever evolving will lead to
    victory

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  69. Natalie Nagele
    CEO of Wildbit
    @natalienagele
    wildbit.com

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