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cost of culture

Discounted risk is human capital risk

Portfolio Planning August 18, 2010

Many firms admit they rely on the quality of entrepreneur to determine their funding decision, but rarely is this “quality” represented in a measurable, comparable assessment, or at least as measurable as weighted average cost of capital, discounted cash flow, capital asset pricing model, risk-adjusted rate of return, and other abstract financial models. Human capital [...]

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More workers voluntarily quit their jobs

Talent Management May 27, 2010

Yesterday’s Wall Street Journal presented More Workers Are Considering Quitting Their Jobs This is the boomerang effect of companies cutting payroll costs to the bone, redistributing work to the smaller remaining staff, and leaving an environment where workers feel “lucky to even have a job”.  This leaves little left for motivation and the result of [...]

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Change management bottom up or top down

Organization Behavior April 4, 2010

Classic change theory: leadership drives change; leadership must be committed for change to work. Seems to make sense, but in reality leadership is irrelevant. The organization’s ability to change is dictated by the operational units and employees, not leadership. The reality: culture eats strategy for lunch. Your workers dictate change and strategy. Leadership doesn’t drive [...]

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Googled again: cost of culture is innovation

Talent Management February 18, 2010

What, really, is the cost of culture? Is culture tangible to business bottom line or is culture an intangible behavioral science term only useful for dissertations? Culture, innovation, values, diversity, opinion. Related? Perhaps to each other, but related to the bottom line? I read a recent blog on Fistful of Talent had me revisit diversity’s [...]

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Googled: the cost of culture

Talent Management February 15, 2010

What does culture really costs a company? Is it worth investing in culture or passively letting culture form, also known as luck-based leadership? What is the cost of culture, in profit or loss? I found this one company a great example: Maternity leave: 5 months full salary Paternity leave: 7 weeks full salary Plus new [...]

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The cost of culture, a 50% turnover of the Fortune 500

Organization Behavior February 4, 2010

What is the cost of culture? Why is it even worth identifying corporate culture? Let’s start with what is culture. Culture is the values, norms, assumptions, expectations, and definitions that characterize organizations or affectionately known as: how things are done around here Culture is often a holdover from the founder(s) actions; sometimes developed consciously by [...]

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Tony Kmetty, Partner, The Hunting Territory Consulting

Impact February 1, 2010

“I have had the privilege of interacting with Toby in a variety of capacities…first as the Director of his MBA program, then as a colleague as we launch a professional services consulting firm and through the years as a friend and sounding board as he worked with consulting firms and intelligence agencies. “His diverse background [...]

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Dan Sorger, Founder, Dutch Bicycle Company

Impact January 23, 2010

“I can honestly say that without Mr. Elwin’s input we would not be in business today. “Our importing business was suffering and we were losing money, we asked Mr. Elwin to analyze our business to help us determine what we need to do and how best to implement the changes. “He acquired a deep understanding [...]

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Competing values drives your organization out of business

Talent Management December 23, 2009

Cultures are characterized by how things are done around here.  Culture is sometimes adopted from the founder, sometimes developed consciously by teams who try to improve performance, and sometimes culture is formed in reaction to a lack of leadership or need for survival. Culture emerges from collective: behavior, values, norms, assumptions, expectations, and process When [...]

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Organization strategy and development – party like it’s 1969

Organization Behavior September 24, 2009

How do organizations survive? The only way an organization survives is to grow. Like people, an organization grows and develops by developing new skills, knowledge, and abilities. An organization’s strategy is nothing without an organization’s development. Most professionals have an image of what marketing, sales, accounting, or human resource professionals do, but fewer are naturally [...]

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Why Startups Should ALWAYS Compromise When Hiring? — Never!

Organization Behavior August 12, 2009

Reading a blog on the venture capital website Start Up Hire called: Should Startups Compromise When Hiring? I found a reference to a blog Dharmesh Shah, Chief Technology Officer & Founder of Hubspot* and Onstartups.com, wrote, “Why Startups Should ALWAYS Compromise When Hiring?”. I posted a comment to the blog as I felt Start Up [...]

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The bully in the corner office

Organization Behavior August 3, 2009

I challenge myself to write blogs that might start a conversation either leading to change or to sustain what is working. I want to present an idea to provide a spark for action or follow-through. Anyone can come up with an idea, that’s easy, the hard part is to take an idea into implementation. My [...]

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The most difficult industry to work in

Organization Behavior June 5, 2009

I admit each organization is unique. Each handles and manages industry and firm-specific stress and demand differently. I do not admit that organizations are anything more than a system of human interrelations. The organization is a product of human interaction and social construction. Organizations do not follow ordained, industry-driven culture. There is no set of [...]

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Diversity facade, part 1

Talent Management May 7, 2009

Intelligence does not guarantee insight. However, diversity does. The very leverage of knowledge is dialogue. And dialogue, a true exchange of ideas and opinions, is only possible in an environment that welcomes and fosters diversity, not the diversity facade, but the diversity lever of possibility. Although diversity can be a sensitive and often incendiary issue, [...]

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Emotion versus intelligence – the tortoise and the hare

Organization Behavior April 6, 2009

In a prior post I advocate emotional intelligence as a more important quality job interview criteria than a corporate or team culture fit. What is emotional intelligence or EI? And what does the EI vs. IQ debate mean? Where IQ intends to measure the ability to reason deductively or inductively. Much has come to light [...]

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Culture war

Organization Behavior March 24, 2009

Does your company have a hiring philosophy to find people who fit into the company culture? Do you interview people to fit into the culture of your division? Do you interview people to fit into the culture of your team? Why do we look for people who will fit in when what your business needs [...]

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