Mastering the Art of Success

From the chapter:

All firms evolve and change with time. Some firms evolve and enjoy significant profits, other firms evolve with profits that remain steady, while others evolve and decline. It is my belief that the evolution of an organization and its profits are directly proportional to the health of its internal culture.

Culture is defined as the behaviors and belief characteristics of a particular group that are established by the group’s leadership. Hence, managing partners, leaders and CEOs must consciously make the decision to establish the type of culture they want in order to reach their goals. The leadership must never lose sight of the fact that the culture they create is at the core of the firm’s growth, stagnation, or decline.

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