Compete

Companies ranking strong focus and externally focused fall in the dimension of Compete. The Compete dimension is frequently observed in highly results oriented teams with clear goals.

While a competing corporate culture can foster individual achievement, motivation, and a focus on excellence, it can also be challenging to manage and can lead to potential conflicts, stress, and burnout. A positive corporate culture should balance competition with collaboration, a shared sense of purpose, and a focus on achieving long-term sustainability and success.

Parameters

The four parameters for Compete are Results, Authority, Accountability and Incentive.

Results

Results-orientation is the attitude or approach that prioritizes achieving specific outcomes. It involves creating a culture of productivity and goal-setting, driven by an emphasis on meeting objectives and achieving desired results. This approach can help create a more efficient and effective work environment, where expectations are clear and employees have a sense of purpose. Results-oriented environments can also benefit morale, as employees feel a sense of accomplishment when their work is recognized and rewarded.

Authority

Authority is the power to make decisions and take action that affects the business. It is often delegated by higher-level management, such as a board of directors. Authority in a corporate setting may be given to someone who has been granted the title of manager, director, or supervisor. It typically involves the ability to make decisions and issue orders without having to consult higher-level management. Additionally, those who are granted authority in a corporate setting are generally held accountable for their decisions and have a certain degree of responsibility for upholding the company’s standards and values.

Incentive

An incentive is a reward or benefit that is offered to employees in a corporate setting in order to motivate them and increase their performance. Incentives can come in many forms, such as monetary rewards, additional time off, or recognition and praise. Incentives can help motivate employees to reach their goals and objectives, as well as encourage them to stay with the company. Incentives also help to foster a sense of loyalty and commitment to the company, as well as increase job satisfaction and productivity.

A high score of Incentive means a clearly aligned incentive to outcome, such as variable salary linked to sales performance.