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Culture Eats Strategy For Lunch

Culture Eats Strategy For Lunch
Get on a Southwest flight to anywhere, buy shoes from Zappos.com, pants from Nordstrom, groceries from Whole Foods, anything from Costco, a Starbucks espresso, or a Double-Double from In N' Out, and you'll get a taste of these brands’ vibrant cultures. Culture is a balanced blend of human psychology, attitudes, actions, and beliefs that combined create either pleasure or pain, serious momentum or miserable stagnation. A strong culture flourishes with a clear set of values and norms that actively guide the way a company operates. Employees are actively and passionately engaged in the business, operating from a sense of confidence and empowerment rather than navigating their days through miserably extensive procedures and mind-numbing bureaucracy. Performance-oriented cultures possess statistically better financial growth, with high employee involvement, strong internal communication, and an acceptance of a healthy level of risk-taking in order to achieve new levels of innovation.

http://www.fastcompany.com/1810674/culture-eats-strategy-for-lunch

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Challenging received wisdom The Rare Find: Spotting Exceptional Talent Before Everyone Else, by George Anders, (Viking, £14.99) Hiring good people is one of the biggest challenges for any business. Yet, all too often, the process is riddled with guesswork and bias. People employ those like themselves. Culturematics author – Grant McCracken Trained as an anthropologist (Ph.D. University of Chicago), Grant has studied American culture and business for 25 years. He has been featured on the Oprah Winfrey Show and worked for many organizations including Timberland, New York Historical Society, Diageo, IKEA, Sesame Street, Nike, and the Ford Foundation. He started the Institute of Contemporary Culture at the Royal Ontario Museum, where he did the first museum exhibit on youth cultures.

Culture Vs. Strategy Is A False Choice Strategy seems to have fallen on hard times. In his recent Fast Company piece “Culture Eats Strategy for Lunch,” author Shawn Parr joins a long list of commentators, psychologists, authors, and consultants who’ve used that dietary line to argue that company culture is a greater determinant of success than competitive strategy. A strong culture is important, and for all the reasons Parr mentions: employee engagement, alignment, motivation, focus, and brand burnishing. But is it the most important element of company success, as the more ferocious of the culture warriors assert? Is long-term success, as Parr writes, “dependent on a culture that is nurtured and alive”?

Drawing your Business Ecosystem We first read about business ecosystems in the Entrepreneur’s Guide to Customer Development. Over the last year we have added a business ecosystem drawing exercise to our project kickoff practices. This exercise is designed to quickly give our development team a high-level understanding of our client’s business. A business ecosystem drawing shows high-level value exchanges for the entities that participate in an offering. To better understand how to draw a business ecosystem, let’s investigate Atomic Object’s simple product development consulting business.

For Women Leaders, Body Language Matters Research by: Deborah Gruenfeld, Moghadam Family Professor of Leadership and Organizational Behavior, Stanford Graduate School of Business Published: 2010 Deborah Gruenfeld of the Stanford Graduate School of Business had some sobering news to share with a group of high-level women executives and entrepreneurs. “When it comes to leadership,” Gruenfeld told the group, “there are very few differences in what men and women actually do and how they behave. How to put your money where your strategy is - McKinsey Quarterly - Strategy - Growth Picture two global companies, each operating a range of different businesses. Company A allocates capital, talent, and research dollars consistently every year, making small changes but always following the same broad investment pattern. Company B continually evaluates the performance of business units, acquires and divests assets, and adjusts resource allocations based on each division’s relative market opportunities. Over time, which company will be worth more? If you guessed company B, you’re right. In fact, our research suggests that after 15 years, it will be worth an average of 40 percent more than company A.

Bosses, Stop Caring If Your Employees Are At Their Desks In 2005, the Best Buy headquarters in Richfield, Minnesota, started shifting over to a “results only work environment,” or ROWE. Employees could decide when and where they worked as long as they met certain measurable goals. No more Monday-through-Friday or 9-to-5. Business ecosystem Starting in the early 1990s, James F. Moore originated the strategic planning concept of a business ecosystem, now widely adopted in the high tech community. The basic definition comes from Moore's book, The Death of Competition: Leadership and Strategy in the Age of Business Ecosystems.[1] The origins of the concept[edit] The concept first appeared in Moore's May/June 1993 Harvard Business Review article, titled "Predators and Prey: A New Ecology of Competition", and won the McKinsey Award for article of the year.[2]

Consumerization of IT – A cultural chasm or techno... Many years ago when my father questioned why I was enjoying the music of the **bleep** Pistols and the singing of Johnny Rotten so much whilst he still espoused the merits of Frank Sinatra it was clear there was both a generational and cultural gap at play between us – to me Pogoing and Punk were everything, he could not see beyond Crosby and the crooners. And whilst we disagreed musically and I continued my love of all things punk, I did so recognising the rules of the house I lived in and that maybe having a safety pin through my nose and spiky fluorescent hair would have maybe been a step too far. So, cultural and generational gaps and differences of opinion like that have existed probably since time began and will continue in all likelihood until the earth stops spinning. That leads me to the key item of discussion in this blog. If you are sat within an IT department, you will most likely be experiencing that influence and expectation from two completely different groups of people.

Breaking strategic inertia: Tips from two leaders - McKinsey Quarterly - Strategy - Growth Frameworks abound for developing corporate strategy. But there’s no textbook or theory that explains how to deliver on that strategy by shifting capital, talent, and other scarce resources from one part of a business to another. One reason is that the moves each organization must make at any point in time are unique. Sorry, you're not funny enough to work here Real estate April 25, 2014 at 6:36 PM ET Down-to-earth actress Ellen Page has listed her Studio City home for $1.05 million. She is trading up, having bought Venus Williams’ Hollywood Hills post-and-beam home earlier this month. Zillow

EDGAR H. SCHEIN About this page Our systems have detected unusual traffic from your computer network. This page checks to see if it's really you sending the requests, and not a robot. Moore's law Moore's law is the observation that, over the history of computing hardware, the number of transistors on integrated circuits doubles approximately every two years. The law is named after Intel co-founder Gordon E. Moore, who described the trend in his 1965 paper.[1][2][3] His prediction has proven to be accurate, in part because the law is now used in the semiconductor industry to guide long-term planning and to set targets for research and development.[4] The capabilities of many digital electronic devices are strongly linked to Moore's law: processing speed, memory capacity, sensors and even the number and size of pixels in digital cameras.[5] All of these are improving at roughly exponential rates as well.

Don't Let Culture Vultures Scuttle Your Strategy Debate and difference of opinion, lightly salted with an appropriate amount of passion and tenacity, can help lead to significant breakthroughs. In the world of corporate correctness we are all living in, this should be highly encouraged. I really appreciated Bob Frisch's response to my recent article on the importance of culture.

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