River Currents

Conquer Culture Change by Attacking This Challenge

Posted by Bani Mahindroo Kumar on Oct 25, 2016 10:50:29 AM

Few things are more daunting than your strategy having ‘Culture Change’ among the priorities for the year.

Communication is often undervalued when it comes to transforming a culture. We have often seen a direct correlation between deficient cultural values and poor organisational communication. Leaders don’t speak to employees often, stories aren’t shared, strategic and policy changes are made in the organisation without giving employees much information, and the list goes on.

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Topics: Transforming Organizations

How to Orchestrate a Successful Company Transformation

Posted by Michael Franklin on Oct 11, 2016 11:06:51 AM

At some point in their careers, nearly all CEOs face the challenge of dramatically changing their businesses and organizations in order to sustain the success of their companies.

You may be a new CEO who was brought in to improve performance of a stalled company. Or an incumbent CEO dealing with disruptive technologies that are driving changes in your business model. Or a founder CEO with a window of opportunity to drive hyper-growth.

Whatever the situation, you are the only leader in the organization with the perspective and scope of authority to strategically determine “what” about your company needs to change and “how” to bring about those changes in ways that lead to sustained success.

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Topics: Transforming Organizations

Achieving the Promise of Transformational M&A Integration

Posted by Peter Thies on Jul 19, 2016 10:46:47 AM

Merger and acquisition deals have slowed a bit lately, yet there are several impending deals in the news; Aetna's acquisition of Humana, Danone and WhiteWave Foods, and Medivation opening its books to potential buyers. 

The goal of any M&A activity is to achieve the strategic and financial promise with sustained results. Yet most mergers fail to achieve their targeted value. 

Here are some reminders about what makes for M&A success—and failure.

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Topics: Transforming Organizations

It's All About Talent: Insights from Fortune’s 100 Best Companies to Work For

Posted by Oliver Sommer on Mar 10, 2016 5:17:07 PM
Fortune’s most popular issue every year is the “The Best 100 Companies to Work For.” It’s no surprise, as Fortune’s Editor Alan Murray says, “Companies fight to get on this list each year because they know it will help them attract the very best talent.” However, Fortune provided some additional insight that makes this list intriguing especially when it comes to firms that have repeatedly made the list. This year, in conjunction with release of the 2016 list, Fortune held an event in New York that featured the CEOs of three of the top ten companies:
  • Danny Wegman, CEO, Wegmans
  • James Goodnight, Co-founder and CEO, SAS
  • James Weddell, Managing Partner, Edward Jones

There were some compelling common threads to the companies featured at the event despite their obvious differences in industry focus, business mix and geography.

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Topics: Transforming Organizations

The Secret to Unlocking Organizational Agility

Posted by Peter Thies on Mar 1, 2016 11:52:08 AM

Does this scene from the Executive Team's Strategy Retreat sound familiar?

CEO: “We have a great company, but we need to adapt in order to drive growth. We are too slow to respond to the market.”

COO: “I agree. We need to be nimble, but we’re stuck in our silos. There’s too much turf warfare among product management, marketing and the sales force.”

EVP Marketing: “The real problem is that we have great products, but we struggle to innovate. Frankly we are too product-centric.”

EVP Sales: “We just lost another big deal to our arch rival. The other company developed a more tailored solution, co-created by their Solutions Team and the customer’s buying group.”

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Topics: Transforming Organizations

Changing Your Performance Management? – Tips for the CHRO

Posted by Bani Mahindroo Kumar on Jan 19, 2016 11:19:13 AM

If you are not already doing it, you may be thinking about changing the performance management process in your organization.

We have been involved in large-scale transformation projects for organizations ranging from 800 to 100,000 employees. Some have involved changing the performance management process in order to reinforce the new culture. We have seen it done well—and not so well.  


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Topics: Transforming Organizations

5 Questions Boards Should Ask About Tax Inversions

Posted by Peter Thies on Nov 2, 2015 9:18:24 AM

Is Your Tax Shelter Actually a Money Pit?

Beware the shiny tax-inversion toy. Merger integration is hard enough to pull off under normal circumstances. The additional dangers of tax inversions range from masking a weak business case in pursuit of tax breaks to incurring reputational risk to investor backlash. The tax advantages may also not be as substantial upon further consideration of international tax law.

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Topics: Transforming Organizations