The New Corporate Cultures: Revitalizing the Workplace After Downsizing, Mergers, and Reengineering

When Terrence E. Deal and Allan A. Kennedy collaborated on Corporate Cultures in 1982, they were examining a facet of organizational life that over time would evolve from unknown to generally misunderstood to widely accepted. In light of the attention that corporate culture has since received–and the continuous pressures exerted upon it by everything from the broadening dependence on outsourcing to the growing recognition of … [ Read more ]

Corporate Cultures: The Rites and Rituals of Corporate Life

In the early 1980s, Terry Deal and Allan Kennedy launched a new field of inquiry and practice with the publication of their landmark book, Corporate Cultures, in which they argued that distinct types of cultures evolve within companies, with a direct and measurable impact on strategy and performance. Despite the dramatic evolution of the business landscape over the last twenty years, the basic principles of … [ Read more ]

The End of Shareholder Value: Corporations at the Crossroad

Kennedy argues that the corporate boardroom’s preoccupation with shareholder value has led companies to mortgage their futures for today’s higher stock price. It also created a class of entrepreneurs who, for a brief time, were able to sell companies to a gullible investing public at unsupportable prices. The author offers a host of boardroom reforms, with an eye on making this body more responsive to … [ Read more ]