What’s your company’s mission?

While most business leaders can clearly describe their company or organization's mission, most employees can't, according to Gallup's research. Another surprising fact: Only four in 10 U.S. employees firmly believe that their company's mission makes them feel their job is essential.

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Do all of your employees know what your company stands for — its mission, why it’s in business, and how it’s different from competing companies? Only 41 percent of U.S. workers say they do. Surprised? So are we.

 

While most business leaders can clearly describe their company or organization’s mission, most employees can’t, according to Gallup’s research. Another surprising fact: Only four in 10 U.S. employees firmly believe that their company’s mission makes them feel their job is essential.

 

That’s a real problem. Research shows a clear link between how well employees understand their company’s mission and purpose and how well it performs. According to Gallup, just a 10 percent improvement in a workforce’s connection with their company’s mission or purpose would likely result in an 8.1 percent decrease in employee turnover and a 4.4 percent increase in profitability. If your company or organization doesn’t have a formal mission, it needs one. If it has one, everyone should understand what it is and how their work ties into it, which is vital to this purpose.

 

Your employees should know what your company stands for and why it’s in business. They need to understand the mission of their organization so that they can help you stay on track with achieving goals while staying true to who you are as an institution or individual small business.

 

A company’s values will largely determine how successful its operations turn out over time- if those inside aren’t aligned with the company’s mission, things could become problematic quickly, especially as a startup. Your business needs a clear direction to thrive. Your employees must share the same values as the mission and company; if not, embody them so they are more inclined to stand for company values every day instead of their interests or adopt the identity of your competitor.

 

Our mission at Lo-Key is focused on improving efficiency in business processes that make systems work, leveraging today’s innovative digital solutions. We do this by structuring and optimizing your company’s procedures to help eliminate waste from our economy – one single transaction at a time!

 

Each of our team members is committed to excellence and driving results to reduce needless waste and time. We empower our clients to modernize their conventional means of operations to a future-ready one that reduces costs and increases productivity. Our entire team is passionate about problem-solving and the companies we work with because we take the time necessary to understand your business processes and technological challenges fully. 

 

We work hard to develop innovative and viable solutions that solve pain points while laying the groundwork for a more prosperous future. Don’t get left behind. Position your business to become a disruptive innovator rather than one left behind by all of the many technological trends and changes in the world today. Be future-ready!

 

Let’s talk.

Solution’s that empower businesses to move from legacy to digital with ease.

Archive for March 7th, 2020

What’s your company’s mission?

Saturday, March 7th, 2020

What’s your company’s mission?

While most business leaders can clearly describe their company or organization's mission, most employees can't, according to Gallup's research. Another surprising fact: Only four in 10 U.S. employees firmly believe that their company's mission makes them feel their job is essential.

Share This Post

Do all of your employees know what your company stands for — its mission, why it’s in business, and how it’s different from competing companies? Only 41 percent of U.S. workers say they do. Surprised? So are we.

 

While most business leaders can clearly describe their company or organization’s mission, most employees can’t, according to Gallup’s research. Another surprising fact: Only four in 10 U.S. employees firmly believe that their company’s mission makes them feel their job is essential.

 

That’s a real problem. Research shows a clear link between how well employees understand their company’s mission and purpose and how well it performs. According to Gallup, just a 10 percent improvement in a workforce’s connection with their company’s mission or purpose would likely result in an 8.1 percent decrease in employee turnover and a 4.4 percent increase in profitability. If your company or organization doesn’t have a formal mission, it needs one. If it has one, everyone should understand what it is and how their work ties into it, which is vital to this purpose.

 

Your employees should know what your company stands for and why it’s in business. They need to understand the mission of their organization so that they can help you stay on track with achieving goals while staying true to who you are as an institution or individual small business.

 

A company’s values will largely determine how successful its operations turn out over time- if those inside aren’t aligned with the company’s mission, things could become problematic quickly, especially as a startup. Your business needs a clear direction to thrive. Your employees must share the same values as the mission and company; if not, embody them so they are more inclined to stand for company values every day instead of their interests or adopt the identity of your competitor.

 

Our mission at Lo-Key is focused on improving efficiency in business processes that make systems work, leveraging today’s innovative digital solutions. We do this by structuring and optimizing your company’s procedures to help eliminate waste from our economy – one single transaction at a time!

 

Each of our team members is committed to excellence and driving results to reduce needless waste and time. We empower our clients to modernize their conventional means of operations to a future-ready one that reduces costs and increases productivity. Our entire team is passionate about problem-solving and the companies we work with because we take the time necessary to understand your business processes and technological challenges fully. 

 

We work hard to develop innovative and viable solutions that solve pain points while laying the groundwork for a more prosperous future. Don’t get left behind. Position your business to become a disruptive innovator rather than one left behind by all of the many technological trends and changes in the world today. Be future-ready!

 

Let’s talk.

Solution’s that empower businesses to move from legacy to digital with ease.