Companies have aggressively raised compensation over the past couple of years to stay competitive, but the battle for workers must go beyond wages and benefits. Company culture matters too. According to a 2023 study by The Manufacturing Institute about the role of company culture in workforce attraction and retention – the top three reasons that manufacturing employees stay at their current company are Compensation, Colleagues, and Company Culture.
In this episode of the US Manufacturing Workforce Podcast, host Michele Vincent speaks with Dan Burgos, President and CEO of Alphanova Consulting. Dan discusses the vital role company culture plays in manufacturing and achieving overall success. He talks us through the connections of a positive company culture with attracting new employees, retaining employees, and the value of high-performing employees. Dan also shares insights on how leadership can drive positive change to improve employee performance and satisfaction within the manufacturing industry.
Join us as we discuss:
- Consequences of poor company culture
- Leadership's role in changing culture
- The process of rebuilding culture
Resources:
Dan's LinkedIn: https://www.linkedin.com/in/danburgos1/
Self assessment for manufacturers: https://alphanovaconsulting.com/self-assessment-form-manufacturing/
Questions, comments, and guest bookings: podcast@madicorp.com
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