How to Affect Cultural Change

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By Justin Goodbread. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In episode 107 of Financially Simple, Justin looks at ways to affect cultural change within a business.

Changing the the culture and values of an established business can be difficult, and can take a while to fully realise, but the potential benefits can lead to a significant increase in the value of a business. Justin considers the steps to take as a business owner to affect cultural change, and also looks at potential roadblocks to overcome.

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TIME INDEX:

00:50 - How to Affect Cultural Change

02:24 - Commit

02:58 - Measure

03:50 - Define

04:28 - Align

05:36 - A Case Study

10:11 - Entropy and the Bottom Line

11:38 - Roadblocks to Growth

12:36 - Lack of Leadership

13:33 - Too Vague

13:50 - Short-Term Vision

14:20 - Lack of Feedback

14:29 - Lose Focus

15:29 - Low Level of Integration

15:40 - Closing

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DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.

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