The pandemic has caused the most significant economic downturn since the Great Depression. According to the International Monetary Fund, the lost economic output from COVID-19 could reach $9 trillion through 2021. This grim outlook will clearly effect the worldwide business community. A focus on company culture can help businesses weather this devastating storm.
Why focus on company culture?
A healthy company culture isn’t a mere nicety. Your culture has a major impact on the bottom line. In fact, SHRM estimates organizations lose $45 billion per year due to employee turnover caused by poor company culture.