Seven Deadly Sins of Organizational Culture
eBook - ePub

Seven Deadly Sins of Organizational Culture

Lessons From Some of The Most Infamous Corporate Failures

  1. 124 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Seven Deadly Sins of Organizational Culture

Lessons From Some of The Most Infamous Corporate Failures

About this book

This book is about the primary symptoms present in a dysfunctional culture that could have devastating outcomes for any organization. The book outlines each of the seven sins in each chapter.

Each of the first seven chapters (Chapters 1–7) starts with a famous quote related to each of the sins and then immediately recounts stories ripped from the headlines describing well-known corporate failures but with a personal touch from former employees who experienced those stories from inside the company. (The sources for these stories are all cited in their Bibliographies).

The seven sins of organizational culture are linked with seven different corporate scandals that serve as a "lesson learned" as well as seven stories of organizations that have been successful with each respective organizational attribute as follows:

  • Flawed Mission and Misaligned Values uses WorldCom as the lesson learned and Patagonia as the success case
  • Flawed Incentives uses Wells Fargo as the lesson learned and Bridgeport Financial as the success case
  • Lack of Accountability uses HSBC as the lesson learned and McDonald's as the success case
  • Ineffective Talent Management uses Enron as the lesson learned and Southwest Airlines as the success case
  • Lack of Transparency uses Theranos as the lesson learned and Zappos as the success case
  • Ineffective Risk Management uses the 2008 mortgage industry collapse as the lesson learned and Michael Burry as the success case
  • Ineffective Leadership summarizes all of the foregoing sins as failures of Leadership

In each chapter and for each organizational sin, the author offers seven attributes of a healthy culture to counter the cultural dysfunction. The seven healthy attributes for each of the seven sins are all original content.

In Chapter 8, the author offers an approach for assessing an organization's culture by providing seven ways to measure the different drivers of organizational culture. The ideas for how to measure corporate culture is original content, with some references to existing frameworks (all cited in the Bibliography),

Finally, in Chapter 9, the author offers a step-by-step outline for transforming the culture. The chapter starts with a story about how Korean Air suffered multiple crashes due to their corporate culture but were able to successfully transform their culture. (The source for the Korean Air story is cited in the Bibliography).

There are seven appendices, most of which are by the author except for the maturity of risk management, which references an OECD (government entity) risk management maturity framework.

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Yes, you can access Seven Deadly Sins of Organizational Culture by L. T. San in PDF and/or ePUB format, as well as other popular books in Business & Auditing. We have over one million books available in our catalogue for you to explore.

Information

Publisher
CRC Press
Year
2023
Print ISBN
9781032265469
eBook ISBN
9781000969047
Edition
1
Subtopic
Auditing

Table of contents

  1. Cover Page
  2. Half Title page
  3. Series Page
  4. Title Page
  5. Copyright Page
  6. Contents
  7. Preface
  8. About the Author
  9. Introduction
  10. 1 Flawed Mission and Misaligned Values
  11. 2 Flawed Incentives
  12. 3 Lack of Accountability
  13. 4 Ineffective Talent Management
  14. 5 Lack of Transparency
  15. 6 Ineffective Risk Management
  16. 7 Ineffective Leadership
  17. 8 Assessment of Culture
  18. 9 Culture Transformation
  19. Afterword
  20. Appendix I Healthy Culture Attributes
  21. Appendix II Culture Red Flags
  22. Appendix III OECD ERM Maturity
  23. Appendix IV Culture Assessment Survey
  24. Appendix V Culture Wellness Report Card
  25. Appendix VI Culture Assessment Attributes
  26. Appendix VII Common Categories of Root Causes
  27. Index