The benefits of a strong corporate culture are both intuitive and supported by social science. According to James L. Heskett, culture “can account for 20-30% of the differential in corporate ...
When my friend Jim Rainey took over as CEO of a huge agribusiness operation, the organization was hemorrhaging tens of millions of dollars each year. Within 18 months, it was on solid financial ...
When a company creates a culture where people feel happy, confident and unified, it sets the tone for every aspect of employees' work. A strong culture also helps with recruitment and retention. And ...
Some businesses ride or die on strategy alone: If culture stands in the way of strategy, then strategy goes out the window. Really, though, the two are interdependent functions of the same mechanism.