Archive for May 2021
Does your organizational culture make you less profitable?
The core question: Does your organizational culture prevent or enhance profitability?
Before you answer this question reactively, consider the fact that the profitability of your company depends on a range of variables. Profit is a result of how well your organization manages and drives these variables.
How do you like the culture of your company? What features do you like and what is it you can’t stand? Is it hard to answer such questions in specific terms?
Most likely, I guess. Most of my clients tend to struggle to answer such inquiries in a factual manner. Yet, it is of crucial importance to understand, evaluate and take steps to enhance a company’s culture constantly.
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