Heidrick & Struggles recently surveyed 500 CEOs at large companies around the world about how they define culture and how it influences financial performance. Findings suggest that most CEOs make culture a priority.
Problem is many are not particularly intentional in their pursuit of culture as a driver of financial performance. The report, which was authored by Heidrick consultants Rose Gailey, Ian Johnston, and Andrew LeSueur, also asked them why and how they work to cultivate their own organizational cultures.
During the pandemic and amid all the other varied challenges 2020 brought to countries, communities, and companies around the world, organizational culture was challenged