Creating a Long Term Winning Culture in Your Organization: Lessons from Barcelona and Real Madrid.
I have done extensive research on organization development this
year. I am researching two major questions.
1. How are effective organizations built?
2. How do organizations manage change in a world where data and
information is doubling every minute.?
The performance of Real Madrid in recent years inspires another
question.
How do you create a long term winning culture?
This long term winning culture starts with instruction, then it
becomes established as a mentality using resources and other factors I will
highlight and discuss later.
You see this in teams like Barcelona and Real Madrid.
The major factors that help in building a long term winning
culture are
1. Resources
2. Brand leadership
3. An emphasis on winning
4. Community Ownership
5. High talent management strategy.
1. Resources.
No team or organization can create a sustainable culture of
winning without resources.
In times of shortfalls it must have the ability to reorganize by
investing in new infrastructure and human capital.
The ability to consistently have the capacity to compete for
talent and recruit non-human resources helps organizations build a long term
winning culture.
2. Brand Leadership.
The unwritten hero of any financial statement is the
contribution of the organizations brand.
A strong brand supports marketing efforts. It actually helps
brands create more value without stretching marketing resources.
Most importantly, it helps attract and retain talent.
The organizations you join can determine your valuation in the
labour market.
Organizations that want to create a long term winning culture
must have a brand edge that helps them attract highly talented people while
retaining a optimal number of them to be in their leadership pipeline.
3. Emphasis on winning:
Everyone comes to work for various reasons. But long term
winners must always come to win.
This sounds like an idea that will make people fear failure.
Since a high expectation for winning might make people fear losing.
This is not so. A winning culture must encourage people to fail
fast.
Market leaders try new things ahead of market laggards.
A culture of innovation is a culture of winning. If you must win
consistently you must come to work with facts and creative idea.
Organizations must be designed for people to have a bias for
action and innovation. This itself is an emphasis for winning.
4. Community Ownership:
Great organizations have many stakeholders. I can't explain why,
but this is a pattern I have noticed.
Perhaps, it's because there is a wisdom that comes with the
crowd. There is a lot of feedback if you work with the crowd or community.
The richest businesses are the community businesses: Amazon,
Google, Facebook, Berkshire Hathaway etc.
To build a long term winning culture, find a way to expose your
business to the wisdom of the community.
In this information and knowledge economy, open businesses will
be the winners.
Let me add that Barcelona and Real Madrid are owned by their
communities. Decisions are not made by one rich man or one rich family.
5. High Talent Management
Strategy:
How does an organization consistently attract highly talented
people?
How do you also retain them?
These are questions organizations should ask. They are pertinent
to create a long term winning culture.
Organizations must strive to maintain a certain level of talent
density. Employment and retention strategies must seek to ensure a high talent
density in organizations.
If you want to discuss this subject with me or implement it in
your organization, let's have a chat.
Send an email to onikoyihamilton@gmail.com
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