the ceo magazine, business culture,
Steven L. Blue, President & CEO of Miller Ingenuity

What is a business? This might seem straightforward, but consider it more deeply; what truly is a business? I’m talking about the values, identity and culture that make a particular business what it is.

This word – culture – is key. The atmosphere internal to an organization, the image it projects, the way in which it pursues its objectives; all of this is what provides a business with its personality, the unique element which sets it apart from the rest. This is all intrinsic to culture, and culture is intrinsic to a healthy operation.

the ceo magazine, strategy,
Dr Yahya Shakweh

A recent Harvard survey, of nearly 700 executives across a variety of industries concluded that very few top companies, less than 18%, can be rated very effective at either strategy or execution. Only 8% are very effective at both, while 63% were rated neutral or worse on at least one aspect.  According to this survey, very few companies have mastered the process of articulating and executing strategy; more than half of the companies who are effective in either strategy or execution are skilled in both strategy and execution. This suggests that strategist leaders who can develop compelling answers to fundamental strategic questions will probably gain skill at execution.  Likewise, leaders who can excel at implementing strategies will probably gain skill at strategy development.


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