In: Accounting
Explain Collins' "Culture of
Discipline." What evidence would tell you if a company such as your
case study company practiced a "culture of discipline"?
2.
Explain Collins' "Culture of Discipline.":-
Jim Collins said that “a culture of discipline is not a principle of business, it is a principle of greatness.” Those words might resonate with many leaders who are feeling frustrated about aspects of accountability, attention to detail, collaboration, or some other area in their organization. The reality is that discipline must start with the habits, routines, and rigor of leadership.
What evidence would tell you if a company such as your case study company practiced a "culture of discipline":-
Discipline Starts at the Top
Many leaders jump to conclusions about the source of potential cultural problems or frustrations in their organization. A good example is accountability. While a leader might be frustrated with the lack of follow-up, proactive action, and attention to detail of their employees, those same employees are often complaining about a lack of clear priorities, expectations, and support.
I regularly ask top leaders to identify their #1 performance priority (priorities like growth, profit, customer satisfaction, etc. are often raised). I then ask them what their #1 frustration or challenge is with how their team works together to support their #1 performance priority. Accountability is typically the top response, but it’s closely followed by challenges related to collaboration, teamwork, innovation and creativity. After deeper discussion, in nearly every instance, the issue was not accountability, teamwork or creativity, but a lack of discipline at the top of the organization. It didn’t matter if it was a large global organization or a small business, the lack of consistent habits and rigor was clearly impacting performance. These same organizations often try everything from performance management systems to training, coaching and other approaches to deal with the symptoms, rather than the root cause.
The answer starts with building discipline in the culture foundation of the organization. The following checklist can be used as a guide to assess the culture foundation:
Culture Core – Your Purpose and Values
Priorities and Measures
Daily Management