Growing a team is an exciting phase for any company leader. It’s also one of the most challenging. Rapid growth can strain resources and make workflows more hectic, leading to employee burnout and low morale. Over time, the company’s values and culture become diluted.
If leaders aren’t intentional about building an environment that supports employee growth and well-being, top talent will leave the company. An MIT study from 2022 highlighted how toxic cultures fueled the Great Resignation. According to the report, a failure to promote DEI, workers feeling disrespected, and unethical behavior were the leading causes of a toxic culture.
High-growth companies can prevent a toxic culture from forming by prioritizing the employee experience just as much as revenue growth. Here are four key priorities companies should focus on when scaling their teams to build a high-performing work environment.
As a company grows, the risk of employee burnout increases. Overworked employees are not only less productive but also more likely to leave. On the other hand, when employees feel cared for, they’re 3.7 times more likely to recommend working for the company.
When scaling, leaders must establish clear policies that promote work-life balance from the start.
Action items:
Employees feel valued when you listen and take action. Leaders should establish feedback loops from the time an employee enters the company until the time they leave. Regularly ask them to share their experiences and sentiments about their workload, programs and initiatives, management, and other areas of the company. Then, be sure to use this feedback to inform policies and practices.
Action items:
Hiring the right people is critical as a company scales. It’s not just about filling positions quickly but about ensuring new hires align with your company’s values and have the proper support to grow within the company and do their best work.
Action items:
Learning and development will continue to be a key attraction and top reason why employees stay at a company. It promotes internal mobility, motivation, and overall performance.
It’s also crucial to provide ongoing leadership training to all managers so they function as career coaches and inclusive people leaders.
Action items:
Through coaching, company trainings, and strategic consulting, Perfeqta can help transform your culture. Our consultants build recruitment plans, help establish ERGs, create DEI roadmaps, and work one-on-one with executive leaders.
🤝Learn more about our core services here.
📃Download our white paper, “Reimagining the way we work” for strategic tips on how to improve performance through equitable talent programs.
📑Get a copy of our Inclusive Leadership Guide full of strategies on how to lead with empathy and practice allyship in the workplace.
📩Subscribe to our weekly newsletter for exclusive resources on culture building and leadership development.
Sign up for Perfeqta’s free newsletter to stay up to date on the latest talent development trends.
Prepare your company for a future of work that is diverse, inclusive, and people-first.
Tell us about your employee development goals and how our team can help you.