Let's take an example from the very competitive IT industry, where only a handful of companies stand out. One of them, Centiro, is repeatedly recognized as a Great Place to Work in Sweden in specific and Europe in general. Centiro is a logistic software firm from Borås who are transforming the world of technology. The Gartner Group calls them a “cool vendor.” What makes them cool is their ethos ofcreating a competitive advantage through corporate culture. But what does it take to be among the best places to work for in Europe?According to Centiro CEO Niklas Hedin, "I always call the customer and ask them, why did we win? And they will most of the time say, 'It’s about your people, it’s about the way you interact with us and the feeling you create'" According to Hedin, the company's "culture and people in the organization are our competitive advantage."We’re a technology company, and you could emulate our technology in no time these days, and you … [Read more...] about Can we Turn Corporate Culture into Competitive Advantage?
Changing corporate culture
A talented female acquaintance of mine who served on the executive committee of more than one blue-chip company decided to quit her well-paid work in the corporate world not so long ago. She cited two reasons: first, the role was incompatible with having a sensible home life which allowed her to see her family during the week; second, she had so few shared interests with the male clique that made up the rest of the committees that even socialising with them after work was a chore. Paying her more would not have solved the problem. If anything, it would have made it worse because she would have felt obliged to spend yet more time at work. She would have much preferred to take a big fat pay cut in return for a happier and more flexible work-life balance. Another female friend used to sit on the executive committee of a FTSE 250 company. She became so bored with being mansplained to and so frustrated at not being taken seriously unless and until a male colleague repeated her exact words, … [Read more...] about Michael Harrison: Forget quotas, UK needs to change corporate culture
Business 20 November 2018 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.com/news/business-46267868 Read more about sharing. These are external links and will open in a new window Close share panel The scandal erupting at Nissan, following the arrest of its chairman Carlos Ghosn over allegations of financial misconduct, is far from the … [Read more...] about The corporate scandals that rocked Japan
Good morning and welcome to the Business Breakfast live blog for Wednesday, November 7. I'm Coreena Ford and I'm running the blog today. The business team's live blog brings you all the breaking news from across the North East, the UK and beyond - basically anything and everything from the world of business. First up this morning is half year results from M&S, which present a bit of a mixed bag. Profits are slightly up. . . but food and clothing sales are down. More changes are also on the way, the CEO says, on top of the previously announced store closures. We also have news from Persimmon and a few trading updates and, as usual, I'll also include reminders of some of our stories you may have missed. Don't forget to join our ChronicleLive business group on Facebook so you can get the latest news from our business team. And if you'd like to contribute tweet at @jnlbusiness to share your opinions, drop me a line at [email protected] or tweet me at @Scoopford or call on … [Read more...] about Business Breakfast LIVE: M&S profits rise but ‘more changes to comes’
Thousands of Google employees and contractors staged brief midday walk-outs on Thursday at offices across Asia, Europe and North America to protest sexism, racism and unchecked executive power in their workplace, Reuters reports. At Google’s global headquarters in Mountain View, California, hundreds of employees streamed into a courtyard. One large cardboard placard held by a worker said “Not OK Google,” a reference to the “OK Google” phrase used to activate Google’s voice-operated Assistant. In New York City, women and men filed out of Google’s office and silently walked around the block for about 10 minutes. A few held sheets of paper with messages including “Respect for women.” “This is Google. We solve the toughest problems here. We all know that the status quo is unacceptable and if there is any company who can solve this, I think it is Google,” said Thomas Kneeland, a software engineer who said he has been at … [Read more...] about Google workers around the world protest its corporate culture