No company is too big to benefit from maintaining a startup mentality, but what makes a startup culture unique? The intense and driven mentality lends itself to curating a group of employees that are passionate about the collective vision. Startups have the advantage of a smaller team making innovative decisions and responding to issues when they arise, whereas large enterprises lose the ability to move fast and implement changes as needed.
Move fast, fail fast
Small companies are reactive companies. A smaller team has the advantage of responding to issues quickly and providing new solutions efficiently. For a larger company, it may be difficult to move through all the necessary channels quickly, but understanding that fast response times and delegating authority to employees to create solutions and make decisions is the key to a fast-paced culture.
Mistakes happen. It’s unavoidable. Startups are quick to embrace mistakes and implement changes as needed. When issues arise, the team moves quickly to address the problems, provide solutions, and implement changes. The distinction between a startup and an enterprise is that smaller companies understand that innovation is the key to survival, and early adopters inevitably run into roadblocks and mistakes along the way.
Change is constant (and immediate!)
Startups are constantly changing and looking for ways to reinvent themselves. They are always onto the next bigger and better thing. Even while introducing new projects and developments, the teams are already thinking of their next move and planning new updates.
Innovation is key. Small companies rely on innovative technology to automate tasks and allow employees to focus on meaningful contributions to move the business forward. Employees are not held to a quota or assigned menial tasks; each employee is encouraged to innovate and provide out-of-the-box solutions.
Value flexibility, inspire innovation
The best part of startups? There’s no need to micromanage employees when the team is composed of passionate individuals working toward a shared vision and goal. A flexible workplace fosters a sense of trust amongst the team, resulting in more efficient and productive employees.
Employees, especially the younger generation who currently make up the majority of the workforce, thrive in flexible working environments that allow them to exercise their creativity and collaborate with their peers. There’s a reason why startups typically have an open concept office plan. A collaborative environment will allow employees to share ideas and create innovative solutions.
The startup culture moves fast, embraces change, and encourages innovation. All companies, no matter the size, can benefit from a company culture that pushes employees to share ideas, innovate, and create change. The only way to mold history is to do it fast.