Do Bad Corporate Habits Destroy Corporate Growth Targets?
Updated: Jun 26, 2019
I think about this question very often, as I consult with FTSE100 clients on their change and transformation journeys.
For this reason, I am starting this blog series on corporate habits and whether they can destroy or enable you fulfil your strategic goals. I want your questions, comments and experiences as the opportunity to explore it in more depth.
We often talk about organisation culture, while I like the simplicity of thinking of habits in the context of an organisation. It is also a new way of looking at an old challenge in a different way. The challenge is: how do we implement a change or a transformation? The old way is to focus on vision, mission, culture, values and so on; but many companies have not met their desired outcomes this way. Is it worth exploring a new way? Can ‘habits’ be a better way.
Of course, I don’t claim that changing a habit is easy! Quite the contrary: how often have you tried to stop a bad habit or start a new healthy lifestyle and not succeeded? However, each time we successfully change a habit we know this is long term – this type of change sticks.
This brings me back to my original question: are your current habits destroying your growth targets? Should changing habits be the first essential phase in your strategy?
Lots more to come on the subject, in the meantime please start adding your questions and comments to contribute to the discussion.