Marico's Harsh Mariwala on importance of building positive culture in organisations: 'Right thing to do'

Harsh Mariwala further said that culture building was not a one time effort, but a continuous process which needed reinforcements of desired values and behaviours.

Marico founder Harsh Mariwala recently stressed on the importance of building a positive culture in companies, which he felt was right, not just for business but was also the correct thing to do.

"Investing in your people and building a positive culture in the organisation is not just good for business, it's the right thing to do," Mariwala wrote on X (formerly Twitter) last week.

Investing in your people and building a positive culture in the organisation is not just good for business, it's the right thing to do.

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Culture building is not a one time effort but an ongoing process that requires pelpelual reinforcement of the desired valuas and behaviours. pic.twitter.com/AXmqkmMWEw

— Harsh Mariwala (@hcmariwala) May 23, 2024

"Culture building is not a one time effort but an ongoing process that requires perpetual reinforcement of the desired values and behaviours," he added.

This is not the first instance where Mariwala has used X (formerly Twitter) to offer a suggestion about building or running a successful business.

In 2021, Mariwala told Moneycontrol that he believed in building businesses the old way and felt that the pandemic had brought in sanity in terms of company valuations.

"I am a strong believer in old-age businesses. I am not able to digest how these companies can be incurring huge losses but the valuation still keeps climbing. I think there has been some degree of sanity in this area due to the pandemic and most of the investors are now asking: when will we see the profits? The size is important but at some stage, it has to show profits. I will never be able to build a business with this new mindset," Mariwala had said.

Also read: Entrepreneurs to take country to higher growth, prosperity: Marico chairman