Culture is and remains the most decisive factor for long-term success

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tanmoy666
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Joined: Sun Dec 15, 2024 5:42 am

Culture is and remains the most decisive factor for long-term success

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Although more and more things are being automated, it is still the people who ultimately make the difference. The culture in which they work every day is also largely decisive for the success that follows from all the plans, strategies and actions that are devised. The culture within a company is ultimately always the most decisive for long-term success.

The biggest challenges for many companies often lie in this area. Because a culture cannot be copied, it can also give certain companies a unique, special kind of competitiveness.

Fast and flexible
Speed ​​is a weapon. Flexibility is too. A culture in which there is a lot of experimentation and in which the importance of this is both seen and acknowledged is essential. The time albania phone number library when the board presents the plan for the coming year, defined down to the last decimal point, should really be over. Flexibility should be central. The winners of today and tomorrow have one thing in common. They are fast and flexible.

For boardrooms, this should be a priority. Boards will have to ask themselves how flexible and fast they actually are as a company in 2024, and how they can improve this. There needs to be room for the 'TikTok generation'. They need to be enabled to directly influence important matters within the company.

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21. How would you attack your company as a competitor?
If you were to start a competitor of your business tomorrow, how would you attack your own business? Knowing what you know?

The answer to that question could lead to a completely new idea, where you can experiment. Then new actions, plans or strategic choices can arise from that. Maybe your entire business model changes, or it results in the creation of a whole new company.

Sooner or later, your competition will attack you anyway. There will most likely be others who look at it that way too. Whether or not they are already in the market right now. Why not build the Uber that attacks your taxi company yourself, instead of waiting for someone else to do it?
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