The ultimate summary statement on the topic may have been Peter Drucker’s familiar saying, “Culture eats strategy for lunch.”However, culture can’t remain stagnant. As the economy and each industry changes, company culture needs to be constantly adapting. What are the options for changing company culture? Several possibilities exist to change your company culture: hire a new senior executive; embark on a focused campaign, such as increasing innovation; restructure the organization. Into that discussion Jack Welch offered one more possibility, “If you want to change the culture of an organization change the way it develops its leaders.”It is worth analyzing how changing leadership development could improve company culture.

Source: Forbes November 25, 2017 12:56 UTC