SELF IMPROVEMENT AND MOTIVATION

Learning Journeys for Strategy Execution There is nothing worse than a missed opportunity, especially in today’s high-stakes environment. And unfortunately, there are a lot of missed opportunities in leadership development. HRDF estimates that “only 10% of training programs are effective,” and that “the mismatch between leadership development as it exists and what leaders actually need is widening.” Despite this harsh reality, avoiding leadership training is not a solution. Without effective  leadership development  programs, companies will watch their people flock to other opportunities where they see more potential for career growth. At the end of the day, CEOs need leadership development programs that make the company an appealing place to work, build critical talent, and enable successful strategy execution. Additionally, the lack of effective leadership training programs is costly. Trainingindustry.com reports that large companies increased their average training expendit...

Corporate culture represents the professional values a company adopts that dictate how it interacts with employees, vendors, partners and clients. The mission strategy of an organization is a summary of how the company perceives its role and the beliefs it uses to achieve its goals. Because the corporate culture is a driving force in how the company does business, it has an impact on developing business strategy. Risk The corporate culture dictates how much risk an organization is willing to take when it comes to research and development, client interaction, investing in equipment and any other activity that involves risk. If the corporate culture is one that promotes environmental responsibility, that will impact the risks that the company will take when developing new products. Assessing risk based on boundaries established by the company's beliefs and sense of responsibility has an impact on corporate planning. Employee Retention When the company develops a policy of withholding...