#35 the Biggest Mistakes Corporations Make and What to Do Instead

The 360 Leadhership Podcast, Episode 35, 24 August 2022 by Lucy Gernon

Listen on Spotify
Listen on Amazon
Listen on Apple

Do you want to know the biggest mistake companies make?

The biggest business failures in history were not due to failed strategic plans, they all come down to toxic corporate culture.

Not all leaders are bad but a negative work culture can be toxic to company performance and employee well-being.

 

The good news is, that there are ways to fix it.

In this episode of the Powerhouse Revolution podcast, I share the single BIGGEST mistake many corporations make.

 

It’s a big reason we are seeing a mass exodus since COVID. People are not putting up with this anymore. They cannot be brainwashed or bought off with reward and recognition programs. Money can’t cut through this ONE thing… the graphic below is a big hint.

Top predictors of attrition during the great resignation.

According to MIT Sloane, toxic workplace culture is 10 times more likely to drive people away.

Times have changed. Toxic cultures cannot go on and you have more influence on this than you think.

Here’s this episode at a glance:

[03:12] What’s happening in the mind of your team

[07:15] The surprising benefits of leading with a growth mindset

[08:12] How to keep your team motivated in uncertain times

[10.06] 5 things you can do as a leader to fix this one BIG mistake

If you lead a team of leaders or work in HR and want to learn more. I’d love to hear from you. Send me an email at hello@lucygernon.com and we can have a conversation about how I can deliver a corporate masterclass on this topic for your company.