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Culture

More than Money: Culture is the Key to Employee Retention

Salary is important to employees and critical to maintaining their personal standards of living.  In this economy, however, companies can’t afford increased salaries and lots of perks for employees.  It turns out, however, that though employees do care about how much they’re making, there are many other things that you can do to keep employees engaged and motivated. Employees care ...

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4 Ways to Create a Culture of Courage

In fear-ridden companies, employees learn that empowerment is a pipe dream and that the only way to survive is to obey direction without question. It’s up to leaders at all levels to give employees the encouragement, energy, and support to try new things and to focus on the greater good of the overall organization.

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5 Ways to Get the Governance We Want

Despite all the new rules and regulations , the key to good corporate governance remains a strong commitment to ethics. Here, former Chairman and CEO of Office Depot and Autozone, Steve Odland, tells CEOs how to create and maintain a strong ethical culture.

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Design for Conflict: Why You Should Have a Few Fights in Your Company

In a complex, multi-divisional company, managing brands across several products and geographies can get complicated. Learn to love it. And sometimes a little tension can produce more creativity and productivity -- harmony is often the wrong goal. When there is no tension among businesses and functions and geographies there’s a good chance value is being left on the table somewhere.

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VIDEO: Monsanto CEO Hugh Grant on Harnessing Healthy Corporate Culture

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Chief executive of Monsanto and 2010's CEO of the Year, Hugh Grant discusses the important traits of a healthy corporate culture. Grant was on-site at the NYSE on July 27 to pass the title of CEO of the Year to 2011's choice, Ford's Alan Mulally.

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The Only Three Things a Leader Should Focus On — Brains, Bones, and Nerves

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The core of a company can be accurately compared to the core of the human body -- you need brains, bones, and nerves to all work together in order to function properly. The brains are the strategy, the bones are the organizational structure, and the nerves are the culture. If you're missing any piece of the body, it all falls apart.

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IBM’s Corporate Evolution by Design

An iconic brand, IBM has evolved over the years as it introduced new technology and products. What hasn't changed, however, is the corporate culture. In the 1960's, longtime CEO Thomas J. Watson Sr. knew that in order to be successful a company, IBM had to adhere faithfully to its core beliefs. Here's how Sam Palmisano has reinforced core company ideals.

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M&A 2011 Style: The Cultural Fit Factor

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Why do 75 to 80 percent of mergers and acquisitions fail to meet financial projections or return on shareholder value? Companies ignore the necessity of culture fit when combining workforces. An enormous amount of money is being lost; here's how to capture it.

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An Inversion of Values

When Johnson & Johnson reversed the values of its credo of putting its customers first, it became an imitative player. In 2010 the company had to weather a year of recalls and setbacks. So what went wrong and how can the company fix itself?

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