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4 Things Older Companies Can Learn From Startups

1 30 0
03.06.2021

There are a million ways to operate a business, but which way is most likely to lead to success? Startups tend to operate differently from long-established companies. Startup culture is flashy and fun, but sometimes older companies see these differences as immature.

While undoubtedly companies who’ve been successful for years know a thing or two about successful operation strategies, it’s important to keep an open mind about new strategies that young companies come up with. If older companies are unable to incorporate some of the successful strategies of young businesses, they’ll soon start struggling to keep up.

Related: It's Time for Startup Culture to Talk About Mental Health

One of the defining characteristics of startup culture is the energy in the workplace and among the employees. When you talk to the employees at a startup, they tend to believe in the mission of their company, and they want to help it succeed. Because of this shared passion for the goals of the organization, these employees tend to have the passion and drive that are necessary for creating a sustainable sense of engagement.

A Gallup case study with New Century Financial Mortgage showed that engagement is more important than any other workplace perk in driving results. Over a period of six........

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