Developing the right culture
Arun Chauhan discusses the myriad risks facing businesses, exploring how leaders can adjust their behaviour to stop a critical loss through employee fraud
A pressure cooker has been created by COVID-19, which is putting organisational culture to the ultimate test. How an organisation’s culture manages that pressure will have a crucial role in how it survives the global pandemic’s economic impact.
Business leaders now need to rely on the strength of the organisational culture and the engagement of their teams, which they have built over time. A culture built on trust and information sharing – with the sense that every team member is ‘pulling together’ in the same direction – may be just the heartbeat for long-term survival, ahead of a range of other factors.