The types of company cultures and how they can benefit your business.
Companies come in all different shapes and sizes, especially when considering the number of industries to work in. For this reason, the types of company cultures can differ significantly too.
No matter what your company looks like, a positive organisational culture can make a difference in how you retain and attract top talent. Here are the types of company cultures and how they can benefit your business.
What is organisational culture?
Organisational culture, often called company culture, is the values and practices within an organisation perpetuated by those that work there. It’s how a company operates and is integral to employees' feelings about working at a particular business.
Though this describes organisational culture in general, there are some terms that detail the specific types of company culture depending on how they operate and how they make employees feel.
Here’s a guide to the different organisational cultures and structures you may experience:
Clan: This refers to the company culture that encourages a “family” feel within a business. It’s prevalent in smaller business settings and is a good company culture to promote in the right settings.
Hierarchical: Hierarchical company culture refers to the traditional style of running a business. Businesses have a strict hierarchy in place and work within those boundaries. This means that there will usually be a managing director, senior management team, executives and subordinates underneath.
Market: Market company culture is all about profitability and ensuring the business runs as efficiently as possible. This type of culture works well in industries where sales are involved and typically thrives in fast-paced, time-sensitive environments.
Adhocracy: Adhocracy is very goal-oriented. This refers to goals surrounding innovation and business development opportunities, though, rather than financial incentives.
How company culture can impact recruiting.
Just as how company culture shapes employee motivation, culture can have a big impact on recruiting. With the rise in the importance of work-life balance and graduates wanting to enter a company that appreciates the importance of a positive work environment, company culture is more important now than ever before.
A great candidate may reconsider employment opportunities based on what they hear about the company culture alone.
This is why company culture can impact the recruitment process for businesses and is another reason why improving organisational culture is so important.
Recruitmark works with businesses to assess their hiring needs and tailor a strategy that suits them. We also pick candidates that we feel will be right for certain positions. If a business is known for having a poor company culture, this can impact the hiring process.
How to improve organisational culture.
Improving organisational culture can be much easier than you might think. Though implemented changes may take time to bear fruit, the changes themselves can be relatively easy to implement.
The main steps to improving organisational culture are:
choosing what type of company culture is right for your business
speaking with team members and managers to assess how they feel company culture could be improved
implementing as many changes as are feasible for the business, such as flexible working opportunities, employee benefits, recognition packages, incentives and more progression opportunities.
Employers shouldn’t underestimate the impact of implementing just one of these changes. Gradual changes to improve your organisational culture can significantly impact employee retention and engagement, leading to a more successful business overall.
Hire the right candidates for your business with Recruitmark.
Ultimately, company culture is about finding the right people to fit your company culture. If you’re looking to fill your open positions with the right people, Recruitmark can be a great support in this area.
At Recruitmark, we work with businesses to find exactly what they want and use our expertise to find the right person or people for that company culture. Our advanced psychometric testing and analysis of your business mean that we only provide the best candidates to fill open roles, so if you’re looking for top talent to integrate seamlessly into your company culture, trust Recruitmark.
We work in industries from mechanical engineering to renewable energy and have experienced recruitment business partners across Sydney ready to help. You can contact a team member today and find the hiring process that truly works for you.