The Mammoth in the Room:
The Real Reason Why Businesses Succeed or Fail
McKinsey & Company Research in 2018 revealed that companies in the top quartile for culture achieve a 60% higher return to shareholders than median companies and 200% higher than those in the bottom quartile. Further, organizations with unhealthy cultures face a 50% higher chance of failure during times of transformation.
In this inaugural episode, we’ll unbundle these statistics and explore the pivotal yet complex factor behind business success or failure: human behavior. We will use parallels between ancient mammoth hunting and modern business collaboration to understand human behavior in a corporate setting.
You’ll also discover the impact of leadership on employee satisfaction and organizational performance and how culture, which is difficult to replicate, can significantly influence a company’s success.
Tune in as we explore the critical factors influencing business success today through the lens of human behavior and science.
In this episode
- The mammoth hunt: a metaphor for business
- Parallels between ancient hunts and modern business
- The challenge of leading human behavior
- Defining and measuring a positive business culture
- The mammoth in the room: human behavior
- Closing the knowledge gap with science
- What to expect in future episodes
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