Change Your Culture a Few Behaviors at a Time

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Many leaders try to change their company’s culture in tandem with new strategies, such as mergers or turnarounds. But most cultures are so entrenched that wholesale change is near impossible. Instead, choose your battles and focus on a few critical shifts.
First observe the behaviors prevalent in your organization now. Then compare that to how people would act in an ideal state where their actions supported the new business objectives. Prioritize the behaviors that will have the greatest impact on your company’s ability to implement its strategy. Choose ones that will be widely visible to others and are most likely to be emulated. Emphasizing just a few will allow you to move the needle on culture change much more easily.

Adapted from “Culture Change that Sticks” by Jon R. Katzenbach, Ilona Steffen, and Caroline Kronley.

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Firozali A.Mulla
Firozali A.Mulla

Thursday, 16

August 2012.  We

still swim in the sincerity as the gloom and doom persists. Paulson, 56, who

became a billionaire in 2007 by betting against the US subprime mortgage

market, lost 23% in his Gold Fund through July as lower bullion prices and

slumping mining stocks contributed to declines. Armel Leslie, a spokesman for

Paulson, declined to comment. Michael Vachon, a spokesman for Soros, declined

to comment. Gold erased

its gains this year in May as investors favoured sovereign debt and the dollar

as economic growth slowed. The US currency gained 3.3% against a basket of

currencies last quarter. Hedge funds have cut their net-long position, or bets

on higher prices, by 66% from a record in August 2011. Their holdings fell to

85,510 futures and options on August 7, according to the US Commodity Futures

Trading Commission. Still,

prices have rallied for 11 consecutive years, gaining more than sevenfold, as

investors snapped up the metal after government and central bank stimulus

programs boosted speculation that inflation would accelerate. The metal is up

2.4% this year. Vinik

Asset Management, the Boston-based hedge fund founded by Jeffrey Vinik, who

formerly ran the Fidelity Magellan Fund, cut its entire stake in the gold ETF.

On March 30, the fund held 2.3 million shares, SEC data show. Eric Mindich's

Eton Park Capital also sold all of its 739,117 shares last quarter, a filing

showed. Jonathan Gasthalter, a spokesman for Eton Park, declined to comment. Moore Capital Management LP

acquired 120,000 shares of SPDR Gold Trust in the second quarter, a filing

showed on Tuesday. The hedge fund held no shares in the gold fund as of March

31. Global holdings in

exchange-traded products rose to a record 2,417.3 tonne on August 10, according

to data compiled by Bloomberg. Central

banks and the International

Monetary Fund are the largest bullion owners with 29,500

tonne at the end of last year, or 17% of all mined metal, World Gold Council

data show. Central banks have been net buyers for two straight years, the

council said. Purchases this year will probably exceed the 456 tonne added in

2011, the WGC estimates. ( We

have a bank in Tanzania names I M amp; ALL read hastily would could be IMF)

And that is what I call honesty I thank you Firozali A.Mulla DBAThis is from

the banks Directory Iamp;M Bank amp; M bank. Select

Country, Tanzania, Mauritius. I amp; MBank Limited. Home: About Us: Internet

... I amp; M Bank. Malaika Account. I amp; M Bank. Retail Banking ...