Strategy and Tactics

Strategy and Tactics

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  • Torben Rick
    Torben Rick    Premium Member   Group moderator
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    Not paying attention to culture undermines performance
    Corporate culture is one of the key drivers for the success – or failure – of an organization. A good, well-aligned culture can propel it to success. However, the wrong culture will stifle its ability to adapt to a fast-changing world.

    6 corporate culture resources you may have missed

    http://www.torbenrick.eu/t/r/cht


    Best wishes/Mit besten Grüßen/Med venlig hilsen
    Torben Rick
  • Matthias Hofmann
    Matthias Hofmann    Premium Member
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    Re: Not paying attention to culture undermines performance
    Dear Torben, dear group member,
    First thank you Torben for bringing up this subject. In my opinion only thoe international companies will survive in world wide competition which are able to bridge the gap between the cultures of their stakeholder.
    The problems of cultural differences are widely recognized but underestimated. So bridging the gap betweeen cultures goes far beyong avoiding the pit falls of the daily life the obvious things being written in tourists' and business guides to foreign countries.
    Torben brings it to the point in his blog it is about values.

    So the challenge for each company is to include at least a core values of its employees, partners, customers, and suppliers or to develop a company internal set of values and make them binding for all stakeholders - a daring endavour!

    Matthias Hofmann