Insuring an Organisation’s Culture in the Food, Agribusiness and Beverage Sector
Culture is fundamental to driving better business outcomes
Business leaders can sometimes be confused by culture because it is intangible – and much of it is anchored in unspoken behaviours, mindsets and social patterns. Many leaders either let it go unmanaged or delegate it to HR, where it becomes a secondary concern for the business. But a leading culture is a valuable business asset.
In a global industry exposed to multiple forms of volatility like Food, Agribusiness and Beverage sector, a company’s culture and Equality, Diversity and Inclusion strategy can be a key differentiator in securing capital and creating an effective risk culture. Indeed, top companies for gender, ethnic and cultural diversity among their directors and officers can also be up to 25% more likely to financially outperform less diverse competitors.1
How can Food, Agribusiness and Beverage companies win when it comes to culture?
Organisations should take a strategic approach when considering how today’s actions will affect future financial, talent and enterprise risks.
Our new report explores the key trends driving the increased focus on diversity, inclusivity and equality, the impact of culture on the bottom line and the link between a diverse and inclusive culture on insurance market pricing.
Click here to read Insuring an Organisation’s Culture in the Food, Agribusiness and Beverage Sector.