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.
When Kevin Thompson, Director, North America Marketing – IBM Commerce, Mobile and Social, proposed a corporate Peace Corps at the firm, he was nearly laughed out of the room. The idea of Big Blue giving free consulting services to nonprofits in low-income communities in distant countries seemed so countercultural. Yet now, the Corporate Service Corps (CSC) is beloved within IBM and broadly emulated elsewhere.
The No. 1 way culture gets shaped is by leaders modeling the behavior they want to engender in the organization. It’s not a program that gets implemented; rather, it is built through everyday actions and messaging. Here are three tips that can help shape a winning culture.
CEOs can play a key role in the quality of their organization’s products and services, yet only 60% of respondents to a new ASQ survey say their leaders unequivocally support the quality vision and values—key components of a successful quality culture.
Not many companies have had as much tumult lately as Sprint, which, in February, took a $1.9-billion quarterly write-off because of the reduced value of its trade name. The company’s stock price is down by more than 50%, from a high of $9.74 in June, 2014 to $4.28 on February 26, 2015, but the sale price has somewhat stabilized over the last 30 days.
Creating a winning baseball team like the San Francisco Giants, 2014’s World Series Champions, is more than simply securing good players. It is, after all, a business, and there is a profit that needs to be made after paying for operational expenses. So it’s not surprising to hear Larry Baer, CEO of the San Francisco Giants franchise, talk in The Wall Street Journal about the business of running a baseball franchise.
If your company’s success has started to plateau, or you suspect you’re starting to rest on your laurels, my advice is simple: Think small. Re-learn the lessons of your early entrepreneurial days, and you’ll avoid falling into a rut of complacency.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
