In EY Performance Journal of November 2013 an article is published on key strategic leadership challenges in high-growth markets. It concludes that only those executives who understand the challenges in what used to be called emerging markets will be able to design effective strategic leadership approaches there. One of the issues addressed is that many Western companies experience severe leadership problems … Continue reading
Filed under organizational culture …
Creating an organizational culture to underpin organizational strategy
I quote from an article by Ernst & Young (or EY as they are nowadays called) from their Performance portal “Culture goes beyond capturing the minds of employees, but captures their values, their beliefs, their hearts. It is ultimately what drives behavior. And that behavior needs to support the strategic objectives of the firm, in … Continue reading
Showing off has never been part of the Volvo brand
Safe, solid and understated in a Swedish way, or a wannabe luxury brand according to a Chinese taste for excess and ‘bling’: that’s the debate causing ripples at the top of Volvo Car. This article describes the dillema Volvo is facing in finding the right balance between conquering the Chinese market or staying true to … Continue reading
Localizations by a global giant
IKEA, the Swedish furniture giant is known for its Swedishness across the world. From Singapore to Chile to Italy and Iceland everywhere you can eat Swedish meatballs at the IKEA restaurant. Furniture across their locations have Swedish names such as “kramig” (huggable) for a panda bear toy. Those who have work experience at IKEA across … Continue reading
Leaders who make the mix work
Harvard Business Review published an interesting article this month on companies who invest in diversity. Some good quotes from the article: People with different lifestyles and different backgrounds challenge each other more. Diversity creates dissent, and you need that. Without it, you’re not going to get any deep inquiry or breakthroughs. A diverse workforce also … Continue reading