๐ Changing Organizational Culture
Why change culture?
- Poor performance or declining competitiveness
- Merger or acquisition requiring integration
- New leadership with a different vision
- External changes (technology, regulation, market shifts)
- Ethical or reputational crisis
How to change culture
- Leadership must model the new values (walk the talk)
- Change recruitment to hire people who fit the desired culture
- Revise reward systems to reinforce new behaviours
- Communicate the new vision clearly and repeatedly
- Training and development to build new skills and mindsets
- Be patient โ culture change takes years, not months
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