Regulators are increasingly focusing on culture as a critical driver for corporate compliance, and board members should take note of this trend.
America’s manufacturing sector will likely require an estimated 3.4 million workers over the next decade with over 2 million of these jobs expected to remain unfilled due to a shortage of people with the skills necessary to operate in a 21st-century manufacturing environment.
Navy SEALS are the ultimate team. Through precision teamwork, they accomplish almost impossible feats, like safely hunting down Osama bin Laden at night in a foreign country. But while each SEAL is a formidable fighting machine, it’s the team that does the truly amazing things.
There were plenty of news stories throughout 2016 that kept business leaders wondering, how deep within the corporate culture did deceptions live? And how do they fester long enough to explode into these kinds of ethical issues?
Southwest Airlines CEO Gary Kelly shares practices and insights on getting the right people on board.
Google, the Internet services business that catapulted from scrappy startup in 1998 to the $66 billion-plus industry giant it is today, gives the lion’s share of credit for its success to the outstanding talent in its ranks.
A company’s culture is the collective shared values and practices of the employees within an organization. According to management consultant F. John Reh, companies that have an effective culture will outperform competitors by a large margin—at least 200% more. Answer these 4 questions and you will establish the right culture for your company.
We all know that culture is critical, but how can it be measured and how can it be crafted to serve your business? What are the practical steps you can take to harness culture?
As leaders, we want our companies to be nimble and innovative. CEOs are increasingly taking the wheel when it comes to directing and inspiring innovation at their companies. However, by leading with the demand for fast and lucrative innovation, CEOs can unintentionally create tension and stress within their organization and create a hazardous “innovate or die” environment.
As manufacturing firms expand domestically, they also are venturing overseas to look for growth opportunities. This is especially true as the dollar powers up, considering the WSJ Dollar Index has hit its highest mark since September 2003. In fact, half the U.S. manufacturers surveyed in this year’s Bank of America Merrill Lynch CFO Outlook are most likely to grow internationally by setting up an in-market subsidiary.