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Why Culture Matters (Even in Small Teams)

Why Culture Matters (Even in Small Teams)

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It's expressed through daily actions, such as how successes are celebrated or mistakes are handled, and it influences everything from employee engagement to the company's success and how people are treated. 

Key Characteristics of Business Culture

  • Shared Values and Beliefs: 

These are the foundational principles that guide behaviour and decision-making, providing a sense of common purpose. 

  • Norms and Behaviours: 

These are the unwritten rules and established ways of acting that dictate how people interact with each other and perform their work. 

  • Day-to-Day Realities: 

Culture is demonstrated through everyday actions and experiences, such as team meetings, communication styles, and how conflicts are resolved. 

  • Leadership Influence: 

Leadership plays a crucial role in building and maintaining a strong culture by consistently acting on the company's values and providing direction. 

  • Impact on Employees: 

A positive culture fosters employee engagement, commitment, safety, and the belief that their contributions are valued. 

  • Alignment with Strategy: 

A strong culture is one where the company's core values and strategic goals are evident in daily practices, leading to better financial performance. 

 

Examples of Business Culture in Action

  • Direct Communication: 

In some cultures, like Australia, communication is direct, with less emphasis on status or unnecessary details. 

  • Decision-Making Processes: 

A company might have a top-down decision-making approach where policies and procedures are strictly followed, or a more inclusive process where input from all employees is sought. 

  • Work Environment: 

The physical layout and social atmosphere, like the size of offices or the availability of common spaces, can reflect a company's culture. 

  • Handling Mistakes: 

How a company responds to errors—whether it focuses on punishment or learning and improvement—reveals its cultural values. 

 

Summary

When culture isn’t clear, people pull in different directions. Mixed messages creep in, good staff get frustrated, and suddenly you’re spending more time fixing problems than making progress.

You don’t need a big HR department to build culture. Start small, stay consistent:
✅ Weekly 10-minute check-ins
✅ Regular team meetings to step back and reflect
✅ Hire for values, not just skills
✅ Call out when people live the values — and when they don’t

Culture is built in everyday moments, not just big decisions.

When culture is clear, people feel supported, problems get solved faster — and you get to build the future you want.

 

 

 

 

 

 

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Doug Tarrant

Doug Tarrant

Principal B Com (NSW) CA CFP SSA AEPS

About Doug

As founder of the firm Doug has over 30 years of experience advising families, businesses and professionals with commercially driven business, taxation and financial advice.

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Christine currently heads up the firm’s SMSF division and oversees a team that provide tailored solutions for clients and trustees on all aspect of superannuation including:

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Christine’s qualifications include:

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Joanne commenced with Level One in 2004 and has developed into one of our Senior Financial Advisers.

With over 20 years of experience, Joanne and her team provide advice across a wide variety of areas including: Superannuation; Retirement Planning; Centrelink; Aged Care; Portfolio Management and Estate Planning.

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