Nine key points to judge whether a company is good or bad

Mondo Workplace Updated on 2024-02-02

When changing jobs and looking for jobs in the workplace, we will always encounter all kinds of companies, so how to judge whether a company is a good company?

Whether the company is in the sunrise industry is the premise and necessary condition for judging the quality of a company. If a company is in the sunset industry, then even if the current development is good, it cannot be called a good company, because this "good" is not sustainable and cannot be sustained, and is destined to be eliminated by historical development, especially the current industry update is fast, and a number of companies in the sunset industry will be eliminated every year or two.

According to the Matthew effect and the 28th law, in most industries, the enterprises in the upper reaches live the best, the enterprises in the middle can live a petty bourgeois life, and the enterprises in the lower reaches have a hard time. For those in the workplace, this also means greater job stability and higher salaries.

If the company's business direction is in line with the national policy orientation, it can obtain more resources from the state. For example, in recent years, artificial intelligence, biomedicine, chips, etc., have been strongly supported by the state because they have accurately aligned with the country's policy orientation, thus entering the fast lane of development. For people in the workplace, choosing such a company will be more likely to work with the company to achieve "common prosperity".

On the contrary, the state may continue to compress enterprises that do not conform to the policy orientation, and the development of enterprises will also be difficult. Even if the enterprise is large, if it does not conform to or even deviates from the national policy orientation, then the industry, this enterprise will soon decline, in recent years, the P2P industry, K12 extracurricular education, are because of the deviation from the national policy guidance and decline in the short term.

The development cycle of a business will roughly go through four stages, namely: incubation period, development period, maturity period, and decline period. For professionals, joining a company whose business is in the development stage can get more room for development and maximize the cost-effectiveness of risks and returns.

For most professionals, if they join in the business incubation period, the benefits will be sacrificed the most and the risks will be the greatest, which many people cannot accept; If you join in the mature stage, there is not much room for upward movement within the company, and it will be very difficult to seek further development within the company; If you join in a recession, your job will be precarious and you will have no future.

Whether there are business barriers and the strength of business barriers determines the competitiveness of the company in the industry, the stronger the business barriers, the stronger the company's competitiveness in the industry, the stronger the vitality, and the greater the development potential.

For the workplace, the stronger the company's business barriers, it means that they can better, more and more fully use the platform capabilities formed by this barrier to achieve rapid development of their career paths.

Most of the bankrupt and bankrupt companies end up with big problems in their financial situation, and there are many companies that go bankrupt and fail due to the rupture of the capital chain every year. So, one of the important indicators of a good company is the financial health. A company with a stable financial situation can not only effectively support the development of the company's business, but also fully guarantee the reliable salary income and bonus income of employees.

Companies that do not have a healthy financial health are undoubtedly on the verge of bankruptcy on a daily basis. A company on the verge of bankruptcy can neither provide employees with a sense of security at work, nor can it guarantee job stability for employees, let alone a good company.

A good company must have a good culture, or in other words, only a company with a good culture can be called a good company, and the world's top good companies such as Microsoft, Amazon, Google, etc., all have a good cultural atmosphere to support. A good cultural atmosphere can stimulate the greater work potential and stronger work momentum of the employees, which is conducive to the higher work achievements of the employees.

However, a company that does not have a good cultural atmosphere, such as a company full of PUA, oppression, and advocating overtime culture all day long, is suppressing and stifling the enthusiasm and initiative of people in the workplace. Therefore, a company without a good cultural atmosphere must not be called and must not be a good company.

Scientific and effective systems, including the system of rewards and punishments, as well as the promotion system and management system, are not only necessary to have, but also scientific and effective. The scientific and effective system is a strong guarantee for employees to achieve fair and just development in the company.

Many companies have designed a variety of systems, but either they are not in line with reality or the implementation is not good, and these systems gradually become empty talk, and eventually drag down the entire company and delay the company's employees.

Salary and benefits are mainly reflected in: salary not lower than the market level, full payment of insurance provident fund, rent, buy, transportation, telephone bills and other subsidies.

The above nine key points cover all aspects of evaluating the quality of a company, which can effectively help employees judge the real good and bad of a company.

- Jason Jason

February 2, 2024

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