The cost of a toxic culture

Business Leader article #FinTech Revolut demonstrates how leadership can be at the very heart of a toxic culture.

A toxic culture stops businesses growing and has real consequences on performance.

Tt starts at the top, but leadership teams can fail to reach out early enough for the development support they need to turn things around.

Leadership teams must take responsibility for creating a respectful workplace otherwise poor behaviour will fester in your business.

But why does it happen?

Bad behaviour goes unchecked or challenged as a result of poor management – such as not taking action when they see bullying, harassment or discrimination.

Ultimately this leads to disengagement, people leaving the company and a loss of productivity.

So, if you don’t tackle poor behaviour, your business will stagnate, people will leave, and you may very well end up in trouble with the law.

A culture is something that must be continuously managed, developed and nourished.

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