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HBR IdeaCast

The Condensed April 2016 Issue

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.41.9K Ratings

🗓️ 22 March 2016

⏱️ 11 minutes

🧾️ Download transcript

Summary

Amy Bernstein, editor of HBR, offers executive summaries of the major features.

Transcript

Click on a timestamp to play from that location

0:00.0

The Closer Podcast brings you the inside story of deals changing the world, told by the people who know how it all went down.

0:09.0

Understand the human motivations behind groundbreaking business decisions with host Amy Keene.

0:14.6

Listen to The Closer, Cast from Harvard Business Review. I'm Sarah Green-Carl. Today I'm back in the

0:35.5

studio with Amy Bernstein, editor of Harvard Business Review, and we are going to be

0:39.8

talking about the upcoming features in the April issue of the magazine Amy thank you for

0:44.6

talking with us always a pleasure let's start with the article we have this

0:49.2

month from J. Lorsch and Emily McDadeg on culture and how culture is not the thing you fix.

0:55.5

This is a really interesting idea to me, this idea that you wouldn't start by focusing on company

1:00.0

culture.

1:01.0

Yeah, it's a really interesting piece of thinking what the authors

1:04.4

contend is that don't start with culture. You start with the business when you

1:08.8

fix the business culture follows. So they looked at four cases, Ecolab, Delta, Ford, and Novartis and

1:18.5

they examined how those companies turn themselves around and fix their culture.

1:23.6

For example, just the case of Ford,

1:25.6

when Alan Malale was the CEO,

1:27.8

he really had to pull this manufacturing company

1:31.0

back from the brink and he had you know

1:33.2

internecine strife among all of the business units all the divisions of the

1:37.6

company what he did was he figured out the manufacturing part and what he got for that work is he took the whole

1:45.5

atmosphere from a kind of defensive, untrusting, very separated set of silos to a much more integrated whole where you know teamwork became

1:55.8

the order of the day. It is interesting especially at this time I feel like every day

2:00.8

across my desk I get a pitch for how important company culture is and

...

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