A successful company’s culture evolves. Its culture is the foundation that predicts how well the company fares, for better or worse. And because it is difficult to measure and manage, it too often stumbles along on its own. Consequently, many companies find themselves in situations that if leadership and the board had been more diligent,… [Read More]
Strategy and Culture: Divided they fall.
A well thought out strategy and a vibrant, responsible culture are the two top tools at leaderships’ disposal in their never-ending quest to maintain organizational viability and effectiveness… Culture expresses goals through values and beliefs and guides activities through assumptions and group norms. A corporate culture matters. It is a key differentiator between the companies… [Read More]
Responsible Leadership – Does It Exist?
Building a culture of responsible leadership that earns the respect of all stakeholders is challenging. In the last several articles I talk about culture, define it and how important it is to the successful outcomes of any organization. And I continue to emphasize that a culture that is built on sound ethical principles has a… [Read More]
Can Winning Cultures Be Built? Ok- but How?
What do Disney, USAA, Campbell Soup, H.E.B., Southwest Airlines and dozens more like them share in common that Wells Fargo, Volkswagen, Facebook, UBER, United Airlines and unfortunately many others do not? Leading organizations in the United States and elsewhere share traits which have earned them the loyalty of their stakeholders, employees, customers, shareholders and the… [Read More]
TRUST Can’t Be Bought at Any Price!
In The Trust Edge, author David Horsager says, “Trust has the ability to accelerate or destroy any business, organization, or relationship. The lower the trust the more time everything takes the more everything costs, and the lower the loyalty of everyone involved. Trust, not money, is the currency of business and life.” Today, when news travels… [Read More]
So Why Is Wells Fargo Still In Business? Story of a Broken Culture.
The latest in the Wells Fargo scandals has me asking, why is America’s third largest bank ($1.95 trillion) still in business? And is its present CEO, Tim Sloan, the best person to head up the sanctions and changes the Federal Reserve mandated? The Fed has yet to remove the bruising penalties it imposed on Wells Fargo in February… [Read More]
From Shock to Shame to Change…the Volkswagen Story Today
In 2014 Volkswagen was one of the largest companies in the world, with factories in 31 countries, 500,000 employees worldwide and its products, from Audi to VW bugs sold in 53 countries across the world. It was an icon in the automobile industry. Owning a Volkswagen “Bug” was at one time a rite of passage…. [Read More]
The Press: Opinions, Facts or Lies?
Two weeks ago 350 plus newspapers in the U.S. had editorials decrying the present administration’s portrait of the news media as “the enemy of the people.” The New York Times editorial board headlined their missive: “A Free Press Needs You.” It quoted Thomas Jefferson who, in writing to a friend in 1787, the year the… [Read More]
Truth, Trust, Transparency: The Hijacking of FOIA
Last week following an initiative by the Boston Globe some 350 news organizations’ editorial boards published their views on the continual harassment they have encountered from our present administration. Our administration has called the press the “enemy of the people,” “very dangerous,” “sick,” and has labeled their reporting as “fake news.” As the Better Government Association… [Read More]
The Fed: Why They Must Engage Before It’s Too Late
In a recent NY Times article, Neil Irwin asks “What Will Cause the Next Recession?” He says, “The economic expansion in the United States celebrated its ninth birthday last month. If it survives another year, it will be the longest on record.” He challenges the status quo with, “But eventually something will kill it. The question is what, and… [Read More]
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