In the last byte, we looked at the benefits of an adaptive culture on firm's performance. In today's byte, we explore how a leader could play a role in shaping or reinforcing culture.
Leadership in an organization plays a huge role in the way an organization develops its culture. To effectively manage culture, the following five elments need to be carefully throught through:
- What leaders pay attention to?
- How leaders react to crisis?
- How leader behave?
- How leaders allocate rewards?
- How leaders hire and fire individuals?
We shall briefly discuss on some highlights of each of these elements over the next few bytes.