Strong? Agile? Adaptive? Stakeholder Focused? - Which are YOU? (part 3 of 3)
In our post on Tuesday we asked:
“But what are the elements of culture that impact meaningful performance enhancement and durable competitive advantage? Is it having ‘strong’ culture? Is it having an ‘agile’ culture? Is it having a ‘stakeholder focused’ culture?”
The empirical answer is all three.
In the final analysis, the proof of a strong, stakeholder focused, agile adaptive culture’s value is its impact on performance.
And the performance delta (versus organisations that don’t have these cultural qualities) has been demonstrated* to be significant:
Revenue Growth 4X
Employment Growth 8X
Stock Growth 12X
Net Income Growth 756X
Organisations embracing Kotter’s dual structure can demonstrate remarkable resilience and agility, traits that are indispensable in today’s fast-paced business environment.
This strategic alignment of hierarchical stability with network-driven innovation enables companies to harness the full potential of their resources.
It’s a model that not only supports rapid adaptation to immediate challenges but also positions organisations to anticipate and shape future trends.
The adoption of this structure is more than a strategic choice; it’s a commitment to fostering a culture where continuous improvement and adaptability are ingrained values.
This approach is the cornerstone of building an organisation that not only survives but thrives amid the whirlwind of change defining the 21st century.
What are your thoughts? Please DO comment below, we’d love to hear from you…..
Barry Eustance CMgr MCMI
Kotter Change Leader Certified
Principal Consultant – The Sixsess Consultancy
Empowering Clients to Seize Opportunity from Change
https://sixsess.org
*Corporate Culture and Performance – (Kotter & Heskett)