In many boardrooms, there is a persistent prejudice: culture is a „feel-good topic“. Nice to have, good for employer branding, but with no impact on the hard P&L. The data tells a different story.
Especially in times of economic uncertainty and rapid change, culture is much more than a fruit basket or a summer party. It is the operating system that determines whether an organisation remains capable of action and performance or becomes stuck in preserving the old ways.
If you're looking for proof, you'll find it at Glassdoor Economic Research. A long-term study (2009–2019) compared companies with high employee satisfaction („Best Places to Work“) with the S&P 500 Index. The result is clear: companies with a strong culture achieved an average of 7 percentage points higher annual stock returns and outperformed the market in 9 out of 11 years.
Culture is not just HR mumbo jumbo. It is an economic lever.
Why mission statements often end up gathering dust in a drawer
If culture is so important, why do so many attempts to actively shape it fail? Almost every company has a document somewhere with „values“ or a „mission statement“. But most of the time, these end up as glossy slides in a digital drawer, where they don't hurt anyone.
Our experience at bemorrow shows that mission statements usually fail due to three practical mistakes:
1. Too generic: interchangeable phrases („We are customer-oriented“) that apply to every other company and have no individual twist.
2. Too theoretical: An idealised image with no connection to the dirty work of everyday life. They don't help when real conflicts need to be resolved.
3. Top-down: Conceived in the quiet confines of management and then „rolled out“. Without participation, there is a lack of identification.
The solution: working principles instead of value posters
In order for culture to evolve from background noise to a management tool, it must be translated. The key lies in the transition from abstract value to concrete working principle.
A principle does not answer the question „Who are we?“, but rather „How do we really work together here?“.
In a project with a large telecommunications service provider, we experienced how powerful this shift is. Instead of loose values, the marketing and agency teams developed common principles that serve as a stable frame of reference.
The difference? These principles are not (just) hanging on the wall as cool posters, they are actually being used:
- In retrospectives, to objectively evaluate collaboration.
- In meetings, to shorten discussions.
- As a basis for decision-making when things get confusing.
Conclusion: Learning needs direction
In organisations without clear working principles, the desire to learn often remains nothing more than „good intentions“. Teams reflect, but the insights come to nothing. Only binding working principles create a common framework that makes learning the norm.
Culture is a system. It either drives transformation or slows it down. The crucial question for managers is therefore not: „Do we have a mission statement?“
The question is: What do your teams really focus on when things get complex, stressful and uncomfortable?
If you are interested in discussing this topic, please contact us at hello@bemorrow.com.