PwC’s Global Culture Survey 2021 (Malaysia report)

The link between culture and competitive advantage

August 2021



 

86%

of Malaysian respondents say their organisation’s culture must evolve in the next three to five years for them to succeed, grow, and retain the best people

75%

of senior management respondents in Malaysia believe they are role modeling purpose, values and culture in their organisation, only 52% of employees agree

69%

of Malaysian respondents think that their workplace culture has been a source of competitive advantage throughout the COVID-19 pandemic

86%

of Malaysian respondents say they are motivated to learn new skills to support their organisation’s success

COVID-19 has necessitated significant changes to the way we work. Technology has been instrumental in supporting this shift, but there’s another element playing a foundational role in enabling organisations to adapt fast and with greater success - culture. 

Our report presents evidence that when the right behaviours are activated, shaping an organisation’s distinct culture, this can be a source of competitive advantage. The insights were drawn from a survey of 3,243 respondents, who told us of their work experiences in the context of the pandemic. In Malaysia, 258 participants across different industries and job levels responded. 

We also explore the challenges that are present, for instance, the difficulty in maintaining a sense of community when working remotely, and the gaps in perception of culture between senior management and employees, which can hinder effective culture change from taking place. 

Download the full report below to learn more about how culture can help organisations meet their strategic objectives.

Explore the key findings

Workplace culture needs to evolve
  • 63% of Malaysian respondents think their organisation has a distinctive culture that sets them apart from competitors.

  • 86% of Malaysian respondents say their organisation’s culture must evolve in the next three to five years for them to succeed, grow, and retain the best people.

Takeaways
  • Culture impacts employee motivation and productivity, and it needs to evolve in line with changing times if organisations want to succeed, grow, and retain the best people.

  • Organisations should identify and focus on a ‘critical few’ behaviours that will enable the type of desired change instrumental in achieving business goals.

  • The strength of culture - an organisation’s DNA - can be assessed, which is important to do, so organisations can fix problem areas and unleash their people’s full potential.

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Contact us

Nurul A'in Abdul Latif

Nurul A'in Abdul Latif

Executive Chair, PwC Malaysia

Tel: +60 (3) 2173 0935