Cultural Transformation

Executives Edge

Our Guests:
Name: John Bernatovicz
https://www.linkedin.com/in/johnbernatovicz/
BIO:
Business Leader and Entreprenuer with experience in providing service and strategy support the HR and Payroll community with search, staff augmentation, consulting, technology, administration, and outsourcing. Focused on empowering people and looking to connect with HR tech, payroll, and HR professionals along with CFOs, Controllers, Accounting, etc. Reach me at [e-mail] or toll free at 1-855-945-5679.
Name: David Fiedner
https://www.linkedin.com/in/david-feidner/
BIO:
I’m an introspective person. I’m an avid reader, a studier of people, a philosopher.
I think deeply and dig even deeper.
My many years of launching, building, buying, and selling businesses, of dealing with dysfunction and conflict, of helping companies and people move through the really icky, tragic stuff to reach incredible, glorious, majestic success have brought me to this place and have honed my Philosopher Dave superpowers:
Bringing forth the wisdom that’s already there
Facilitating breakthroughs that calm the chaos
Empowering others to be their best selves
Coaching to solve the unsolvable
Helping ordinary people figure out how to do extraordinary things
My role as an EOS® Implementer is to help owners and leaders live their ideal lives.
That sounds unachievable to many when we first start working together because they're often overwhelmed, overstressed, and overworked.
Yet everything that gets in the way is just an issue; the raw material to achieve goals! Nothing is either good nor bad, it’s how we judge it - it’s the emotion. When we shift our attitude, choosing that we are either winning or learning, it puts us in a positive mindset every day.
Show Summary:
The conversation explores the importance of cultural transformation in small and medium-sized businesses. It emphasizes the role of leadership in shaping culture and the need for alignment between cultural values and business objectives. The discussion also addresses how to deal with resistance to change and the significance of setting attainable objectives and compensation plans. The conversation concludes with the importance of empathy and understanding in addressing compensation issues and the benefits of a collaborative approach to setting quotas and business plans. The conversation explores the importance of P&L and a well-balanced balance sheet in business. It discusses the impact of expenses on revenue and the need for alignment between salespeople and the organization's objectives. The conversation also delves into the role of compensation in reflecting core values and its effect on employee engagement. It emphasizes the importance of collaboration and alignment in setting quotas and the need for accountability and crucial conversations. The conversation highlights turnover and time to fill as indicators of culture and the significance of purpose in business. It addresses the challenges of dealing with a CEO who sets a bad precedent and the importance of shining a spotlight on organizational issues. The conversation concludes with a discussion on the impact of EOS books on culture and best practices for cultural transformation.
Takeaways:
• P&L and a well-balanced balance sheet are profoundly important in business.
• Expenses should be evaluated and aligned with salespeople to ensure a positive culture.
• Compensation reflects core values and affects employee engagement.
• Alignment and collaboration are crucial in setting quotas and achieving objectives.
• Turnover and time to fill are indicators of culture and should be monitored.
• Purpose is paramount in creating a meaningful work environment.
• Addressing the root cause of CEO behavior is essential for cultural transformation.