Financial Management (FM) magazine

Why the 'best strategy in the world' will fail without strong culture


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Workplace culture and human resources consultant Natalie Lewis explains why an organisation's culture can make or break the long-term business strategy.

"[You] can have the best strategy in the world. You could have a solid five-year plan, and everything looks bulletproof on paper. The numbers all add up, and everything is solid." Lewis said. "But if the culture of your team doesn't support that strategy, then it'll never get delivered."

Lewis explains how to ensure that employees are a good culture fit and offers strategies to better communicate company expectations to employees.

Lewis also sets out some of the expectations that can make middle manager's roles more challenging, what it means to be a self-aware leader, and simple steps for improving feedback processes.

What you'll learn from this episode:

  • Traits that separate high-performing teams from poor-performing ones.
  • A fast-track route for culture-fit hiring.
  • Why leaders need to build an intentional culture early.
  • Some ways that psychological safety can be destroyed at work.
  • Expectations that can make managers' roles more challenging.
  • Tips for becoming a better communicator.
...more
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Financial Management (FM) magazineBy AICPA & CIMA

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