Culture Spurs Economic Growth
An innovative and commercial spirit is the lifeblood of a thriving economy. The drive to tinker and invent, to discover, to improve from prior failures—this is how people learn and find new and better ways of creating things of value.
Hard working countries will generally be more productive and find ways to improve faster than those who are less hard working.
Working hard doesnt just mean working a lot of hours; it means having a certain ethic, a determination to achieve quality outcomes and to improve.
Your workforce impacts the overall vibrancy, initiative, and determination of the organization. A hard-working group of individuals who are more competitive will grow faster than individuals who prefer leisure.
Culture
“To complement these guidelines, we recently developed a clearly stated purpose — Make dreams possible for everyone, everywhere, every day — to knit together our values with our everyday business principles and explain how we have done business for years.
While our company has a rich history, is proud of the critical role it plays in powering economic growth and has done exceptionally well over the past 200 years, research has shown that purpose-driven companies achieve stronger business results and have greater impact by doing better for their customers, employees and shareholders. Our intention in documenting our purpose for ourselves is to help energize our employees, differentiate our company from our competitors, and push our organization to innovate on behalf of our clients, colleagues and communities. In addition, we are launching a new effort — internally and externally — to showcase how the work we do matters and has tangible impact locally and around the world.”
- Jamie Dimon
Leading people.
Attracting people.
Influencing people to do things on your behalf.
The culture and new values you instill that drive behavior and unlock discretionary behavior from the entire employee base.
𝗜𝗺𝗮𝗴𝗶𝗻𝗲
☞ a company with everyone working just at the level required to not get fired
VS
☞ everybody working at the level of trying to impact and accomplish a mission together in alignment.
𝗧𝗵𝗲 𝗼𝘃𝗲𝗿𝗿𝗮𝗹𝗹 𝗳𝗶𝘀𝗰𝗮𝗹 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗶𝘀 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 𝘁𝗵𝗮𝗻 𝟯𝟬𝗫
𝖠𝗅𝖾𝗑 𝖧𝗈𝗋𝗆𝗈𝗓𝗂, 𝘈𝘤𝘲𝘶𝘪𝘴𝘪𝘵𝘪𝘰𝘯.𝘤𝘰𝘮


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