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Additional Problems with the Use of Benchmarks

Additional Problems with the Use of Benchmarks

Posted on June 22, 2017 By Culture-Strategy Fit { no comments }

This is the third and final part of our series about why companies should be careful with benchmarks. Effective Cultures are Contextually Appropriate An organization’s performance is affected by the extent its culture is contextually appropriate and aligned to strategy. A contextually appropriate culture acknowledges the importance of industry, but also reflects market dynamics, societal […]

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The Problem with Industry Benchmarks

The Problem with Industry Benchmarks

Posted on June 22, 2017 By Culture-Strategy Fit { no comments }

The bottom-line is benchmarks and benchmarking, while not necessary, can be helpful when used as a starting point for a deeper exploration of culture and its implications for strategy and performance. Specifically, a framework of culture attributes provides a common language and structure. This allows people to share perspectives and make explicit the underlying beliefs, […]

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Culture Benchmarks- A Dangerous Practice

Culture Benchmarks: A Dangerous Practice

Posted on June 15, 2017 By Culture-Strategy Fit { no comments }

While many culture survey providers use industry benchmarks, this is a dangerous practice that can cause leaders to make decisions based on incomplete or misleading information. The premise behind benchmarks is that there is such a thing as the best or right culture (good versus bad) which simply is not true. A more appropriate and […]

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Strategies for Shaping Culture Part 3

Strategies for Shaping Culture Part 3

Posted on June 8, 2017 By Culture-Strategy Fit { no comments }

In our prior two Strategies for Shaping Culture blogs we discussed three strategies that lay the foundation for shaping culture for future success and two strategies that accelerate it. This leaves the question of how to sustain changes to culture so that early attempts don’t fizzle out. This blog discusses six ways to support, embed […]

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Strategies for Shaping Culture Part 2

Strategies for Shaping Culture Part 2

Posted on June 1, 2017 By Culture-Strategy Fit { no comments }

In our previous blog we talked about three strategies to start the process of shaping culture proactively to deliver strategy and goals. The first strategy, Create a Future Focus described the need to paint a picture of the future culture and how it will support longer term success. The second strategy, Assess Your Culture, described […]

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3 Strategies for Shaping Culture

3 Strategies for Shaping Culture

Posted on May 30, 2017 By Culture-Strategy Fit { no comments }

Building on culture strengths and making the culture changes required to execute strategy and achieve an organization’s goals are complex tasks. This demands the ownership, action, and accountability of business leaders in partnership with Human Resources. Culture is ‘sticky’ so focusing on one approach such as communication or leadership workshops is rarely sufficient to sustain […]

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Increase Effectiveness of M&A Integration

Increase Effectiveness of M&A Integration

Posted on May 23, 2017 By Culture-Strategy Fit { no comments }

Statistically speaking, more than half of all mergers lose value for their combined companies. We will let MBAs ruminate on their case studies, because we know the reason why so many mergers are not as successful as they should be; there is a culture clash. According to a study by Marsh Mercer Kroll, 50% of […]

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