Audio available in app
Companies must adapt while staying true to their core ideology from "summary" of Built to Last by Jim Collins,Jerry I. Porras
Successful organizations possess a core ideology that serves as their guiding star. This ideology encompasses the organization's fundamental values and purpose, providing a sense of direction that transcends changing market conditions. It is this unwavering commitment to core principles that enables companies to maintain their identity even as they navigate the turbulent waters of change. Adaptation is essential in an ever-evolving business landscape. Organizations that resist change risk obsolescence. However, adaptation should not come at the expense of core values. Rather, it should be a nuanced process where the essence ...
Similar Posts
Being receptive to feedback can lead to positive change
In our professional lives, we often reach a point where our current skills and behaviors are no longer sufficient to help us pr...
Managers must possess various skills, including technical, interpersonal, and conceptual skills
Managers need to have a diverse set of skills to effectively perform their roles within an organization. These skills can be br...
Innovation hubs emerged worldwide
In recent years, we have witnessed the rise of innovation hubs all around the globe. These hubs are not limited to Silicon Vall...
Encourage a culture of experimentation
Satya Nadella and Greg Shaw emphasize the importance of fostering a culture where experimentation is encouraged. This means cre...
Cultivating wisdom requires selfreflection
To truly cultivate wisdom, we must take the time to look inward and reflect on our thoughts, actions, and beliefs. This process...
Strategic investments require research and patience
To be successful in making strategic investments, one must be willing to put in the time and effort to conduct thorough researc...
Embrace simplicity in your approach
When you're tackling a complex problem or facing a challenging situation, it's easy to get caught up in convoluted strategies a...
Always strive to exceed expectations
The key to success in business is not just meeting expectations—it's exceeding them. When you go above and beyond what is expec...
Collaborate and communicate effectively with team members
Effective collaboration and communication with team members is key to success in any organization. When team members are able t...
Encourage resilience and perseverance
One of the most important aspects of success is the ability to bounce back from setbacks and keep pushing forward. Resilience a...