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Nearly 70 percent of CEOs now recognize culture as one of the greatest sources of competitive advantage. Whereas company processes, technology, and strategy can be copied, an organization's DNA cannot be reproduced.
With this realization, many organizations are turning to cultural change to fuel future growth and performance. Kaiser Associates, a business strategy and consulting firm, defines a high-performing culture as an organization that performs better than its peers in regards to business performance, innovation, employee productivity, and engagement, over a sustained period of time.
For now, let's focus on how companies can leverage performance management best practices to build a winning culture.
Via The Learning Factor
There's no linear equation to follow when creating a high-performing culture. Rather, organizational success is a byproduct of the right conditions.