How Values Affect Corporate Culture

Posted by Hogan Assessments on Mon, Oct 22, 2012

Zappos
By now, most people have heard about Greg Smith, the former Goldman Sachs vice president who resigned in a searing article on the New York Time’s op-ed page. The former investment banker has been making news again this week following the release of a book detailing his experiences at the storied firm.

In his op-ed article, Smith leveled intense charges against the firm’s corporate culture, calling it toxic and destructive, and said that the firm promoted morally bankrupt people.

Although there is a fair amount of question regarding his allegations, Smith’s article and subsequent interviews bring up an interesting topic – the effect of leaders’ values on corporate culture. From Apple to Zappos, there are hundreds of examples of the positive effect a CEO can have on his or her company’s culture. Unfortunately, there are just as many about what happens when that effect takes a dark turn.

For more about how leaders’ values can affect company culture, check out Eric Sinoway’s recent blog on the Harvard Business Review, or take a look at our whitepapers The Power of Unconscious Biases and The Culture Clash.

Topics: corporate culture

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