Does culture have a real and tangible impact on the bottom line? You bet it does! This tip offers a business case for the economic impact of culture on revenue, stock price and ROI. Four factors describe what makes for a “right” culture.… Continue Reading
Author Archives: Don
How to Build Honesty and Authenticity in Your Organization
In environments lacking openness, the cost of employee silence results in decreased productivity, loss of teamwork, missed deadlines, rework and mistakes. This “tip” provides seven powerful ways to cure silence and encourage employees to tell you what’s on their mind.… Continue Reading
Managing Change: Getting Buy-In and Overcoming Resistance
Approximately 55 percent of all projects fail because they do not have key stakeholder buy-in. This “tip” defines five ways you can achieve buy-in to make change initiatives a success.… Continue Reading
Transform Your Strategy into a Powerful “Story”
Most strategies look like ""bulleted to-do"" lists, but they don’t force you to sequence and think through the critical relationships or strategies. Transform your business plan from bullet points into a story that tells everyone not only what the goals are but also how to reach them.… Continue Reading
Managing Change: Create a Sense of Urgency
When trying to change organizations, executives sometimes plunge ahead without establishing a sufficient sense of urgency. George Low, director of the Apollo 11 first landing on the moon, provides eight ways to increase the sense of urgency in your organization.… Continue Reading
Three Principles that Might Change the Way you Manage Change
Many organizations fail miserably when making change. Managing change is difficult and takes wisdom, experience and thoughtful analysis. More often than not, leaders charge into change without taking time to reflect, analyze and plan each step toward their goals. Renova Corp. offers three unique principles that impact the way you manage change and dramatically increase the probability for your success.… Continue Reading
Divided We Stand…Together
Globally, mergers, acquisitions and alliances have increased at a rate of 25 percent a year and are frequently the growth strategy of choice for many corporations. The well-publicized failure rate of these moves is frequently caused by trying to squeeze one culture into another. Paradoxically, making individual business units feel valued for who they are encourages a more collaborative effort in achieving the organization’s overall vision.… Continue Reading
How to Align Your Organization for Championship Play
Alignment between strategy, culture and infrastructure is critical. Indeed, it is the central definition of organizational effectiveness. This tip provides an easy- to-understand model and real-life example, showing how you can bring these three components together to achieve exceptional results.… Continue Reading