ONCE A MONTH, I’LL ROUND UP SOME LINKS TO POSTS FROM AROUND THE INTERNET ON OUR TOPIC OF THE MONTH. HERE’S THIS MONTH’S READING LIST FOR YOU ON STRATEGY & CULTURE.
“For many organizations, a five-year strategic plan—or even a three-year one—is a thing of the past. Organizations that once enjoyed the luxury of time to test and roll out new initiatives must now do so in a compressed period while competing with tens or hundreds of existing (and often incomplete) initiatives. In this dynamic and fast-paced environment, competitive advantage will accrue to companies with the ability to set new priorities and implement new processes quicker than their rivals.”
Culture Vs. Strategy is a False Choice (Fast Company)
“Businesses are economic as well as human entities, and need to be built on a solid base of sustainable competitive advantage. Culture can reinforce strategy, as it does Zappos’ strategy of customer convenience. But it can’t prevail if a strategy is poorly conceived or the company faces competitors with superior strategies, resources, and positioning. As Damon Runyon wrote, “the race is not always to the swift nor the victory to the strong, but that’s how you bet.”
I was looking for more, but all the articles I found are crappy “culture eats strategy for breakfast” links – don’t believe the hype! Instead, here’s a bonus: a podcast where Jamie talks about some of this strategy and culture stuff!
Amazing Workplace Podcast(Guest: Jamie Notter)
“By 2020 Millennials will make up the bulk of the workforce, and will hold that spot for decades. They are going to have an impact on how organizations operate, and will change things quickly. Organizations that don’t want to fall behind need to be looking ahead to this challenge.” As part of this discussion, Jamie digs into the relationship between culture and strategy.