Monsanto was established in 1901 as a chemical
giant. During 1995-97, it was undergoing a transformation to prepare itself
for the twenty-first century and become a life sciences company.
Shapiro, the CEO of Monsanto, talks about the personalized conversations as
perhaps being more important to the company's success than any other single
factor: "Through a series of formatted small group conversations (as opposed
to traditional workshops), employees are encouraged to discuss the
transformation into a life sciences company ‒ the nature of the strategic
business opportunities, what it requires for Monsanto to succeed, the
desired culture, how to work together, the personal transitions required,
and so forth. The idea is to address the issues at the personal level, and
thus, create the desired sense of passion
in each employee."
Companies: Creating an Inspiring Vision
Silicon Valley leaders keep stretch in their vision and communicate
purpose and direction consistently and within multiple contexts. They keep
linking the events of today to their vision, underscoring the relationship
between the two keep people
Surprise To Win:
Valley: The Fun Factor
Do you really want to know what is deep
inside, at the core of
Valley and what makes is tick?
"The truth is ... it's a ball! Hard work
combined with hard play – at every level, from executive down and back up
again." People don't only work hard, but also have
a lot of fun at the same time. And they are not just having fun, but
planning it and making it part of their culture. This is the spirit that
truly enables relentless innovation and creates
10 Rules for Building a Business Success, Sam Walton, the Founder of
everything your associates do for the business. A paycheck and a stock
option will buy one kind of loyalty. But all of us like to be told how much
somebody appreciates what we do for them. We like to hear it often, and
especially when we have done something we're really proud of. Nothing else
can quite substitute for a few well-chosen, well-timed, sincere words of
praise. They're absolutely free – and worth a fortune."...
who discovered a way to improve the business gets the same level of support and
respect – whether they're a company president or a frontline representative. "We
value good ideas and constant forward momentum here – not titles and ranks,"
says Johnson, CEO of Fidelity...