On business strategy and company culture

According to Tyler T. Tysdal, business strategy is shaped by many factors. One of these factors is how the people in the company interact with each other. This is what company culture is all about.

Over the years, countless companies of all sizes have failed because owners and management have been unable to give enough importance to company culture. As such, Tyler T. Tysdal explains that a good portion of a business’s strategy should be focused on creating the best company culture possible.

Business experts have likened company culture to the foundation of a building. No matter how good the design of the building is, no matter how strong the materials are, or how good the design is, if the foundation is faulty, it won’t stand for long.

A faulty company culture can lead to a whole host of problems that may be fatal to a business. It can cause employees to leave, which leads to incredibly unneeded expenses. It can also cause endless incidents of miscommunication and conflict.

Studies have also shown that company culture greatly influences worker productivity. The ideal company culture can motivate workers and, at the same time, keep them in line.

However, Tyler T. Tysdal notes that company culture isn’t a one-size-fits-all concept. The right company culture is different for every company. That is something that business owners and management need to devote time and effort in developing.

Tyler T. Tysdal is a finance professional whose career in investment banking began with Alex Brown & Sons. He graduated from Georgetown University with a BSBA in Finance and obtained his MBA from Harvard Business School. For more business reads, go to this site.