7 Ways Your Corporate Culture Could Be Blocking Innovation [Forbes]
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Forbes
Culture is the invisible hand guiding decisions and shaping the environment in which your employees operate. For many, corporate culture feels intangible, a nebulous term thrown around boardrooms without clear boundaries or actions attached to it. However, dig deeper and you'll find that your culture—whether by design or by default—has a significant impact on your organization's ability to innovate. Companies like Tesla, Google and Apple excel not merely because they innovate - they are able to innovate because they cultivate an environment that nurtures it. According to research from NTT Data , 78% of executives believe that a poor organizational culture obstructs their innovation efforts, highlighting that many organizations with untapped potential are suffocating under the weight of their own culture. If you're a leader wondering why your company isn't the next hotbed for revolutionary ideas, it's time to examine the following seven barriers to innovation that could be embedde
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KFY
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- 3/11/24 - Form 4
- 3/8/24 - Form 10-Q
- 3/8/24 - Form 144
- KFY's page on the SEC website