‘Startups’ and ‘Mature organisations’ — sounds a bit of an oxymoron? Well, they’re not. They are two sides of the same coin. The perfect company can be created by successfully merging certain principal elements of both concepts.
Presently, startups are gathering much attention and engagement from millennials and budding employees. Then, what about the established organizations? How can they nurture startup culture to attract and retain new talents and the best minds?
Improve your workspace:
Identify the working style of your employees. Design a unique and appropriate working area that would boost their productivity. Create an ergonomically friendly physical environment that would help them to attain their goals with ease each day.
Lead, don’t boss:
Do away with rigid hierarchy in your organization. Rather than hovering around your employees, give them enough space, allowing their creativity to bloom at its best. Avoid dictating solutions to problems. Participate in friendly brainstorming sessions to come up with newer ideas.
Be flexible:
Be it regarding roles and responsibilities or the working hours, being flexible is the key. Allow employees to take up new projects going beyond their comfort zones. Assist them in taking ownership of their ideas, developing a sense of intrapreneurship.
Encourage innovation:
Help your employees to gain new knowledge and share new thoughts. Do not shun constructive feedback. Promote out-of-the-box thinking. Be accessible and open to innovative ways of problem-solving. Support creativity and ensure that all levels of the organizational ladder have equal participation.
Build trust and value feedback:
Seek employee feedback. Value their opinions and suggestions. This would help in maintaining trust with the workforce. Encourage new ideas and be receptive to positive reforms. Set up the ideal atmosphere of trust and understanding.
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