- Money (cash flow) and
- People (Employees, Suppliers, Financiers, Shareholders).
We are not going to tackle all that in this edition, but we are going to dive deep into the people side—specifically employees, and culture.
You see—people problems are more often system and culture problems. If the right culture exists, certain behaviours are not tolerated. If the right culture exists, good people thrive and attract more good people.
I'll be careful not to paint a high performance culture as the holy grail, but it kinda is. Let's face it, if a company has a unique competitive advantage and a high performance culture in a market that is large enough ... that is a winning recipe.
So, let's take a look. Much has been written in recent years on the topic of building a high performance culture and in my experience it is an area that does not get enough attention in most businesses.
The truth is, most of us are focused on building our businesses and servicing customers, while forgetting about the foundation it is all based on—our people. No matter how you slice it, the strength of your team is a key component in building a company that will endure.
It was hard work finding the best articles and snippets to send in this edition as there is just so much out there. So what you see is leading edge and the current thinking around building high performance cultures. Enjoy!