Nov 12, 2018
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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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
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.