Building a strong team culture

From Bhutan’s Bitcoin reserves to the happiest city in America and scaling team culture -

July 8, 2025

The monday.com weekly

monday.com’s take on the latest work trends - sent on Tuesdays

Inside this issue

  • Workplace trends
  • The AI corner
  • Scaling a strong team culture
  • Water cooler chatter
  • Question of the week
  • Just for laughs
  • Follow the monday.com weekly on LinkedIn

Workplace trends

Economics

Small nations are using bitcoin to fund government payrolls

The tiny Himalayan kingdom of Bhutan has quietly amassed $1.3 billion in bitcoin reserves through government-run mining operations, representing roughly 40% of the country's entire GDP. The initiative began when King Jigme Khesar Namgyel Wangchuck asked for technology-led growth ideas, prompting Druk Holding & Investments CEO Ujjwal Deep Dahal to explore bitcoin mining using the country's abundant hydropower in 2020. The strategy proved remarkably successful as bitcoin prices surged, allowing the government to fund a 65% pay raise for all civil servants in 2023 using $100 million from its reserves. As traditional revenue streams face disruption, economic analysts suggest that resource-rich smaller nations may increasingly turn to cryptocurrency mining as a way to diversify their economies and fund essential government operations.

 

Talent

Europe is poaching American academics with promises of research freedom

European leaders are launching aggressive recruitment campaigns to lure US researchers, offering hundreds of millions in relocation funds and promises of academic freedom. French President Emmanuel Macron pledged $115 million to help foreign researchers move to France, while the European Commission established a $575 million fund for researchers. The recruitment drive comes as the current US administration has cut or frozen billions in government research grants, creating what academics describe as a climate of uncertainty around certain research topics. As top academic talent considers relocating, companies with significant research partnerships may need to evaluate how academic brain drain could affect their innovation pipelines and competitive positioning.

The AI corner

Relationships

AI companions are becoming America's new best friends

Tech companies are racing to develop AI chatbots that feel less like tools and more like personal companions, targeting a loneliness epidemic. Harvard University studies show AI companions now match human interaction in alleviating loneliness, outperforming traditional digital entertainment like YouTube. This has created what industry observers call the "friend economy," where users seek emotional connection rather than just information, driving billions in AI investment. Major tech leaders including Meta's Mark Zuckerberg and Microsoft's Mustafa Suleyman are betting on highly personalized AI that mirrors users' values and worldviews. However, this trend raises concerns about digital echo chambers. As AI companions learn to simulate empathy and potentially displace human connection, technology experts warn about the broader implications for society's moral fabric when machines become our primary source of emotional support.

 

Workplace

AI is turning office complaints into an avalanche

Employment lawyers are reporting a dramatic surge in AI-generated workplace complaints that are burying HR departments and legal tribunals under mountains of sophisticated-sounding but often baseless grievances. The problem extends beyond workplaces, with school administrators reporting similar spikes in AI-assisted parent complaints that appear well-crafted but are ultimately misleading. The overwhelming volume is forcing organizations to consider deploying their own AI systems to automatically sort through and respond to the flood of artificial grievances, raising concerns among employment specialists about a future where automated systems handle both complaints and responses while genuine workplace issues get overlooked.

Don't let culture get lost in growth

This week's manager insights come from our talk on The Standup podcast with SVP of People Success at SolarWinds, David Hanrahan, all about building a strong team culture in times of growth.

Listen to the full episode

Scaling a strong team culture

Culture can make or break a team. It's one of the major drivers of engagement, retention, and company success because it directly impacts how happy and motivated your employees feel in the day-to-day. In fact, a recent study by the Society for Human Resource Management found that 83% of employees who describe their workplace culture as "good" or "excellent" say they’re motivated to produce high-quality work, compared to just 45% in poor or toxic cultures.

 

When your team is small, it’s easier to establish a strong culture because you can see and feel every interaction. But as your company grows and new people come on board, that close-knit energy can start to fade. During periods of rapid growth, it's critical to be intentional about scaling your culture so that it doesn't take a back seat, but evolves into an even greater source of strength.

 

In a recent episode of monday.com’s The Standup, Yael Miller sat down with David Hanrahan, SVP of People Success at SolarWinds, to explore how to keep your culture vibrant as you scale. David shared practical strategies for staying grounded in your values and helping your team do the same. This week’s tips are inspired by their conversation.

 

So, how can you nurture a thriving culture as your team expands?

 

Break out of the echo chamber

It’s easy to get stuck in your own perspective, especially if your company is growing fast. But as David points out, it’s critical to really listen to your employees throughout the evolution. That’s where skip-level meetings can be so valuable. Meeting with employees who are layers below you on the org chart helps you cut through the noise and hear what’s really going on. This is particularly relevant today, as hierarchies flatten and spans of control widen. Try to prioritize conversations with team members who aren't your direct reports, so you can better understand the day-to-day interactions that shape your culture. Having these small details gives you a more complete view of the relationships, working habits, and sentiments that shape your culture, so you can strategize which direction you'd like to grow in.

 

Key question: “Where can you carve out time from your routine to connect with members of your team?”

 

Gauge your team’s convergence

Even if your culture feels strong, it’s important not to take it for granted. Once you start opening up these new lines of communication, take the opportunity to listen for alignment (or lack of it). As you connect with employees, look for common threads and differences in how they describe the company. David calls this “finding convergence,” and suggests asking each person what the team feels like at its best and at its worst (remember, the real test of your values is how they hold up during challenging times, not just the good ones). When you hear similar answers, it’s a sign your culture is steady and shared, but if stories start to diverge, it’s a signal that parts of your culture may be drifting. These kinds of issues can sneak up on you, so consider scheduling quarterly culture checks to create space for open, honest feedback and to spot trends early.

 

Key question: “What do your team members say about the company when it’s at its best and at its worst?”

 

Balance cultural consistency with inclusion

As you bring new people onto your team, it’s important to think beyond just hiring for “culture fit.” You want a diverse group that brings fresh perspectives and new ideas while still sharing the core values that hold your team together. That’s why David suggests hiring for values alignment rather than cultural sameness. Focusing on shared values can help build a team of all types of backgrounds and experiences without losing the foundation that made your team culture strong in the first place. This way, you can reap the benefits of having diverse perspectives. Not only are you not sacrificing the strength of your team culture, you're actually making it even stronger.

 

Key question: “How can you make sure new team members enrich your culture rather than dilute it?”

 

Build momentum together

When shaping culture, it can be tempting to push a vision from the top down, but real change happens when you build alliances and create a groundswell of support across the team. David points out that culture should never feel like just an “HR initiative” — it should feel like a shared mission that everyone owns and feels proud of. Invite people to co-create and champion cultural values in their daily work, which could be developing team values together, coming up with ways of supporting and celebrating one another, or finding new ways to deepen connections. When team members feel a sense of ownership, culture becomes more meaningful and resilient as your organization grows.

 

Key question: “Who are your culture champions, and how can you support them in building momentum?”

 

Create rituals that reinforce connection

Rituals help anchor your culture, especially during times of change and growth. According to McKinsey, teams that intentionally embed cultural rituals and model behaviors are 5.3× more likely to succeed. Rituals don't have to be big or complicated; they could mean having a segment of your team all-hands devoted to coworkers shouting each other out for embodying team values or devoting a day each month to have lunch together. These moments create consistency as the team expands, as well as build trust and keep values alive in everyday work. Over time, these shared experiences become part of your team's identity and give people something to look forward to.

 

Key question: “What team rituals can you create or protect to keep people connected?”

Water cooler chatter

Tesla completed its first fully autonomous car delivery with no human or remote operator. Model Y drove itself from the Austin factory to a customer's apartment, marking a milestone for unsupervised driving. The achievement contrasts with Tesla's struggling robotaxi service, which still requires human safety monitors after vehicles were caught driving into oncoming traffic.

"There were no people in the car at all and no remote operators in control at any point. FULLY autonomous!"

- Elon Musk, Tesla CEO

New York City has been named the happiest city in America on the Happy City Index. Despite its reputation for concrete and crowds, NYC scored 902 points based on factors like citizen engagement, environmental quality, economic vitality, health infrastructure, governance transparency, and transportation efficiency.

"There are billions of factors that distinguish us and create our individual stories, [but] regardless of other circumstances, there are two major foundations for creating a happy place: building relationships, which stem from the innate need to belong and contribute to our happiness, and education."

- Representative, Institute for Quality of Life

Question of the week

Last week’s answer: 56% of workers in the private sector don’t have access to employer-sponsored retirement benefits.

This week’s question: What percentage of employees actually utilize their company's mental health resources?

Just for laughs

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