Work Culture Trends And The Financial Crisis
Corporate downsizing and restructuring are common phenomena during financial crisis. Then again, are corporate trends really different and unusual during the recession? Dr. Karen Ho, a University of Minesotta author and anthropology assistant professor shares her experience when she was working in Wall Street. According to her, it was fascinating that company downsizing and restructuring are actually common even when the economy was booming back in 1996. Whenever a company announced a major layoff, its stock rallied. She found that mergers, downsizing, break ups and restructuring were not only an ideological commitment of boosting shareholder value, but an inherent aspect of Wall Street's work culture. Work culture on Wall Street is how it feels and how people are in New York's financial district.
Transition Coaching
People should constantly move in lock step with the market. Businesses have to adjust and evolve- or die. A company that becomes stagnant and inefficient becomes a big lumbering brick and eventually terminates. An organization needs to constantly change and restructure to thrive and survive.
Is It Time To Take Your Business To The Next Level?
How about your organization? Assess your current situation or stage of evolution. The principle of the 4th Turning has come into play for hundreds of years depicting the cycle of an organization: spring, summer, autumn and winter. Is it time to take your business to the next level? Will changed leadership work better in improving your organization? The first step is to assess the stage of evolution your organization is currently at. It begins with "you" as a leader. The equation goes:
Your evolution + Organizational Culture evolution = Business Evolution
Areas Of Leadership Coaching
Intuitive, wise and insightful leadership coaching can guide you through in the process of evolving your business. Conditions are changing, and organizations need to go with the flow. Otherwise, if a business does not endeavor to evolve and adjust, it will inevitably follow the lot of failed organizations in history. What are some aspects covered by leadership coaching to help evolve your business?
Personalized assessment of your company, group and organizational culture Succession and leadership planning to guide your company and executive leadership through a successful transition Strategic planning by mediating power positions and individual empowerment to engage all members in the planning process Executive coaching that helps develop a game plan and leadership skills to achieve goals and objectives Team engagement and organizational coaching to develop honest and engaging dialog between teams and departments.
The evolution of your business starts with the clarity of your core values. Once you have established the precepts you want to stand for, you can be comfortable, confident and clear about your evolution. Gain a solid grasp and new confidence of your purpose to pave the way towards change.
Leadership Coaching: How To Have A Successful Transition In Evolving Your Business
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