The Cultural Connection and More Profit

by | Feb 27, 2025

Last week, we learned there are six distinct reasons individuals find motivation in their work.

From a personal perspective, some motivations are better than others.

For example, a person pursuing a noble purpose usually reports a higher level of subjective well-being than someone just working to maximize income.

It makes sense that higher motivation levels would lead to better agent satisfaction and retention metrics, but does it also lead to higher profits?

According to the HBR researchers, the cultural connection to financial performance is also very strong.

Cultures that inspired more play, purpose, and potential, and less emotional pressure, economic pressure, and inertia produced better customer outcomes.

This pattern has played out in multiple industries including retail, banking, telecommunications, and even the fast-food industry.

The high-motivation pattern resulted in not only better customer satisfaction metrics, but also higher revenues and profits–as much as 30% higher in one study.

You can build an organization where your agents are motivated by economic and emotional pressure, but you may find you’re losing ground to companies who are doing the hard work of building positive cultures.

Don’t take the cultural shortcut. It’s a trap.

 

 

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The Attrition Variables

The Attrition Variables

While these attrition constants still have the greatest influence, there are some emerging attrition variables worth noting. People also tend to leave companies when: They feel like they’re not doing as well as others in their peer group outside the company. They feel like they’re not as far along as they should be at a certain point in life.

The Attrition Constants

The Attrition Constants

If you’re not focusing most of your retention effort on these issues, you’ll miss the mark. If you’re not focusing most of your recruiting effort on exploiting these weaknesses among your competitors, you’re missing the best opportunities.

The Persistence Mindset

The Persistence Mindset

A leader equipped with this mindset can have a profound effect on the life and career of each individual they engage. It works because an agent is getting a real-time glimpse of what it would be like to work on your team. But it only becomes believable when it is persistently applied over time.