In a recent Trans-Tasman business lunch David Thodey said one of his big tasks, a year into his job as the CEO of Telstra, was to transform the culture of the telecommunications company. He said he wanted it to be more focused on the customer.
But how do you turn around a big company, so you have an inclusive culture and a shared vision? On David Thodey’s behalf I approached Nilofer Merchant, CEO and Chief Strategist at Rubicon Consulting and author of “The New How, Creating Business Solutions Through Collaborative Strategy”.
Niolfer has three steps that Thodey, and other heads of major companies, should follow if they want to turn the culture around. It makes perfect sense and doesn’t sound too difficult. I hope you’re listening David!
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Cuts out of context
It’s as though Fed’s John Williams didn’t say anything on Thursday. NAB’s Rodrigo Catril on how the expectation now is back to a 25 basis point cut from the Fed next week.
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Risk back on with rebound expectations
Oil, equities, bond yields – all back up today. On today’s podcast NAB’s David de Garis says the focus is on reopenings and recovery.
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Big falls in shares ahead of a dovish Fed
Not much new from the Fed says NAB’s Rodrigo Catril, as they wait to see the impact of vaccine rollouts. Vaccine delays meanwhile are hurting the Euro this morning.
