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Culture: What does it mean for businesses?

Exploring culture

We have been working with Crafty Counsel to produce a series of six bite-sized videos, each aimed at exploring what culture is and why it matters through sharing what we have seen in legal practice.

These videos were recorded before the UK announced lockdown measures in response to Covid-19.

 

Series Introduction 

In this video series we explore how culture can drive bad behaviour, and what organisations should consider to embed effective cultural change.


 

 

Understanding groupthink and how to avoid it

Harriet Ellis and Hazel McLaughlin explain the psychology behind groupthink and its influence in organisations.


 

 

The role of the board: driving the culture you want

Rachel Barrett and Simon Kerr-Davis share practical tools on how to embed a positive culture.

 

Short term incentives: can you have them?

Bradley Richardson and Psychologist Hazel McLaughlin discuss the impact of performance incentives and targets.


 

 

Driving an effective speak up culture

Gavin Lewis and Simon Kerr-Davis discuss the elements of a successful speak up programme.


 

 

Understanding why good people sometimes do bad things: understanding your corporate culture

Sarah Wiggins and Hazel McLaughlin outline the best ways to bring cultural change to organisations.

Explore the eight steps on the cultural journey

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Step 1

culture

Assessing the current culture

Using existing data to assess the current culture of the company.

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Step 2

strategy

Setting the strategy

Determining what the culture and vision of the company should be.

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Step 3

change

Identifying points for change

Performing a gap analysis between the current culture and the vision.

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Step 4

targets

Setting targets and goals

Identifying priorities and setting measurable goals for implementing the vision.

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Step 5

flexibility

Building in flexibility for cultural context

Recognising that global companies will face local issues which will require adaptation and compromise, but retaining the direction of travel.

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Step 6

metrics

Establishing metrics (quantitative and qualitative)

Identifying the practical and testable applications of each value.

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Step 7

data

Identifying data sources

Ensuring that data will be gathered which is sufficient and appropriate to test performance against the identified metrics.

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Step 8

reviewing

Reviewing, revising and resetting

As the vision develops, recognising and celebrating areas where progress is made, and identifying areas where further work is required or where priorities have changed.

How Linklaters can help you

A healthy culture can help an organisation to thrive. A poor culture can lead to corporate failings which may have reputational and other adverse impacts. We can help clients by providing advice on:

  • Culture and ESG
  • Governance
  • Incentives and remuneration
  • Whistleblowing and speak up
  • Diversity and inclusion
  • Regulatory change and horizon spotting
  • Conduct
  • Assessment and measurement of culture

Our Team Linklaters Way: Our Values and Behaviours

Our Team Linklaters Way outlines our shared global values and our commitments to each other, our clients and society, how we conduct our business as individuals and what makes us Team Linklaters. Our values are underpinned by our ethical standards and professional responsibilities.

Find out more about our Purpose and Values.

 

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