Wednesday, June 4, 2014

Culture and Leadership

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:
  1. What leaders pay attention to?
  2. How leaders react to crisis?
  3. How leader behave?
  4. How leaders allocate rewards?
  5. How leaders hire and fire individuals?

We shall briefly discuss on some highlights of each of these elements over the next few bytes.

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