{"id":103731,"date":"2019-11-13T15:16:11","date_gmt":"2019-11-13T15:16:11","guid":{"rendered":"https:\/\/news.microsoft.com\/?p=435204"},"modified":"2019-11-13T15:16:11","modified_gmt":"2019-11-13T15:16:11","slug":"new-research-reveals-a-surprising-link-between-the-workplace-and-business-success","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2019\/11\/13\/new-research-reveals-a-surprising-link-between-the-workplace-and-business-success\/","title":{"rendered":"New research reveals a surprising link between the workplace and business success"},"content":{"rendered":"
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To help businesses stay a step ahead in the digital age, Microsoft has released new research in partnership with Dr. Michael Parke of the London Business School. Surveying 9,000 workers and business leaders across 15 European markets, the research delved into company growth, employee engagement, leadership styles and technology.<\/p>\n

According to the findings, change is the new normal as businesses race to adapt and better compete: 92% of European leaders say their organization has recently undergone a major transformation.<\/p>\n

And, the number-one <\/strong>transformation challenge in leaders\u2019 minds is company culture.<\/p>\n

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Our customers and partners across Europe tell us that keeping up with the pace of digital transformation and innovation is among their chief concerns. But based on our own internal cultural transformation at Microsoft over the past few years, I always encourage business leaders to give as much consideration to company culture as they do to deploying new technology. After all, it\u2019s not just about having the best technology; it\u2019s about how you and your teams react to, and adapt to, change. \u2013 Vah\u00e9 Torossian, Corporate Vice President, Microsoft, and President, Microsoft Western Europe.<\/p>\n<\/blockquote><\/div>\n<\/figure>\n

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The study revealed that getting the workplace culture component right can benefit businesses in a significant way.<\/p>\n

Companies that were assessed as having \u2018innovative cultures\u2019 \u2013 generally defined as cultures where new ideas are embraced and supported \u2013 were twice as likely to expect double-digit growth<\/i><\/b>. These businesses also seem positioned to win the war for talent<\/b>: the majority of workers within these organizations (86%) plan to stay in their jobs, as opposed to 57% of those employees working in less innovative cultures.<\/p>\n<\/p><\/div>\n<\/section>\n

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There are three key attributes that set these innovative companies apart:<\/p>\n

I. Tearing down silos and building bridges<\/b><\/p>\n

Companies with the most innovative cultures have leaders who are not only tearing down silos, they\u2019re replacing them with partnerships and transparency. These leaders are more likely to see effective collaboration as vital for business growth \u2013 whether it\u2019s within teams, across teams, or with customers and partners.<\/p>\n

Among leaders of highly innovative cultures:<\/p>\n