Empowered, trusted, engaged: The new performance culture

If you or your organization want to inspire an innovative and responsible corporate culture, five factors could help you get there, according to a 2021 whitepaper from the AICPA & CIMA and World Business Council for Sustainable Development.

Improve accountability: To ensure decision-makers are held responsible and accountable, “a no-blame culture of empowerment and trust is vital,” the paper states.
Create a line of sight between individual objectives and strategic objectives: Cascading objectives down to individual employees can create issues with employees not understanding how corporate goals create meaningful personal objectives.
Facilitate cooperation: Company strategies cannot be successfully executed without departments and functions working well together.
Implement incentives connecting people’s performance to business performance: Incentives can fail unless people understand how their goals connect to the business’s overall performance.
Link HR with finance: Human resources and finance teams must emerge from their silos to work together to drive business performance.