Successful leaders recognise their culture is the cornerstone on which performance rests both at the organisational level, the individual level and that starts from the process of selecting a new hire. Corporate culture needs to be a key strategic priority at the executive level, not…
EXECUTIVE LIFE & BUSINESS Life and business lessons come out of reflection but so few executives find the time to do it, unless they make the time in their diary. An important skill to cultivate that doesn’t come easily to highlight the changes you…
Recent research suggests the reasons behind inequalities widening between rich and poor, between growing inequalities within countries of an ‘inequality gap’ that is widening. According to a 1991 study a key contributing factor has been development of organisation culture and management as a tool and method of business. This links directly to the of work of Taylor in his The Scientific Method of the 1920s on work rationalisation and efficiency thinking .
An Economist article recently published called ‘Revisitng Ricardo’ suggested the reasons for this disparity lay in education. It seems better educated and higher skilled individuals who develop business acumen skills create networks with individuals and organisations in advancing economies that help them move to higher standards of living. On the other hand the uneducated and unskilled who are unable to do this, get even further behind and even lose access to their previous connections to wealthier individuals.