Is your culture in shape? New reporting deadline looms large for many UK businesses

It’s time to embed your culture: meet the new regulations, and boost profit and growth.

Did you know that the January 1^st, 2025 change to the UK Corporate Governance Code will impact organisational culture, and give businesses an opportunity to boost their bottom line?

From the New Year, organisations reporting under the new Code must not only assess and monitor their culture, but also show how it has been embedded within the organisation.

This is a huge change for business, and underlines that a focus on culture isn’t a ‘nice to have’ but a business imperative for all of us.

Why it matters

Organisational culture is a powerful driver of performance and success. Organisations with positive cultures and higher levels of engagement generate 12% higher customer satisfaction, 18% higher productivity, 2.5 times revenue growth, and twice the net profit!

And employees who feel connected to their culture are 4 times as likely to be engaged, and nearly 6 times as likely to recommend their employer as a great place to work.

Whether you report under the new Code or not, the benefits of creating an engaging and embedded culture are essential for your future resilience. So, how do you go about it?

We can help

We have the expertise, tools and experience to help you to get the culture and engagement you need to drive performance:

1. Understand and shape your culture with our Culture Diagnostic platform, which evaluates your current culture, and the gap between where you are, and where you need to be.
2. Develop your strategy and roadmap using actionable insights that help you quickly devise priority areas for cultural action and intervention, and create a tailored delivery plan.
3. Communicate expectations with compelling narratives and an employee value proposition, which connect your purpose and strategy to the culture and people that will help deliver them.
4. Bring your culture to life with values that resonate and are actionable, and behaviour frameworks that guide day-to-day choices and decisions.
5. Embed culture authentically so that your leaders and managers embody it, and your processes and policies enable it across every touchpoint in the colleague lifecycle.

To learn more about how we can help you shape and embed your culture, please contact elaine.smith@corporateculture.co.uk