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The Culture of Success

Feb 3, 2012

Business success may be measured in dollars and cents, but there are many who would argue that a winning corporate culture alignment is as tangible and valuable an asset as anything you find in the financial statements.

Creating a corporate culture in and of itself is only half the battle, however. The only way culture can drive success is when leadership sets its mind to aligning corporate culture with business goals, says Carol Stephenson, dean, Richard Ivey School of Business in London, Ont.

"Leadership is a huge part of culture. In studies we have done with business leaders after the latest financial collapse, it became clear that the companies that continued to do well had a different type of leadership."

The Ivey survey provided a framework from which to define three fundamental pillars of effective leadership. The first is competencies; that is having the knowledge, skills, understanding and judgment needed to assess a situation, analyze a solution and collaborate with others to get things done. "In other words, do you know what you're doing and do you know how to do it?" she says.

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Upcoming Events

Randall Huffman, Maple Leaf Foods visits Ivey

Nov 21, 2014

Dr. Randall Huffman is Senior Vice President, Operations and Chief Food Safety Officer at Maple Leaf Foods. He will speak to Ivey HBA students on the handling of and learnings from the listeriosis crisis that Maple Leaf Foods faced in 2008.


Inaugural Leadership Case Competition

Feb 26, 2015

Good leadership is finding the balance between performance and well-being, candour and compassion, collaboration and competition, drive and temperance and between East and West. The Ivey Business School and the Haskayne School of Business are organizing the inaugural Leadership Case Competition on February 26, 27 & 28, 2015.


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Latest Video

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Crisis and Communication

Feb 10, 2011

Peter Aceto talks about coming together as a team during a crisis; and the importance for a leader to be transparent with the employees.


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Penni Pring
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Email: ppring@ivey.uwo.ca