Corporate Culture and Steve Jobs. It is a Company Valuation Discussion.

Image representing Steve Jobs as depicted in C...
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Steve Jobs announced his resignation and CEO replacement this week.  The market flurried on the news, articles and cable segments were plentiful on Job’s revolution of the world, his greatness, his attention to detail, how round two leadership differed from round one and whether Tim Cook could sustain the innovation and therefore the stock profitability.  Because of the news, and the market’s speculation of the future, the stock price fluctuated.

While the SEC, the Accounting Standards Board and the public expect greater transparency on the financials, this is a perfect example of where further modernization of transparent data is needed.  The data I am talking about is Corporate Culture.  What is the real corporate culture of a company?  Behind the curtains in the offices, cubicles, conference rooms and break rooms, what do we see and feel if we were employed?  Does the executive leadership down to middle managers think about creating unanticipated needs?  Do employees each feel their job has meaning, and they are curators for society creating imaginative and innovative items that will simplify people’s lives?  Are people rewarded because of not only successes but also the advice/counsel of failures through offering lessons learned?  Has leadership not only established its values but live them every day?

We are talking simple yet life altering values that make sense to everyone on the team; the words/phrase that are heartfelt and have a real connection to the team (exclusion of canned/stock words).  Corporate Culture includes leadership that shares his/her intelligence and understands its greatest creation is the team that can then imagine, create, care for and give back.  The daily belief that teams that works and plays together stays together.  Moreover, the practice of creating and sustaining relationships are key both inside and outside the company.

The stock market this week speculated whether the rein of Apple was coming to an end.  Sure, they have items in the pipeline so they still have the tail they could ride for a while.  The question that writers and business news broadcasters were asking indirectly and some directly…Was Steve Jobs the only creative sustaining genius in the room?  Were others mere followers of his vision?  I sure hope not.  That would mean the weight of the company rested solely on him.  Given the depth and breadth of Apple’s presence in the world, that would be awfully herculean of Steve Jobs and would have been an unsustainable tenure.  To ask such a question would underestimate the power of team…the Apple team.

Instead, the question the market should be asking is what is the culture of Apple?  How deeply ingrained is the culture?  How deep is their bench of employees technically, creatively and aesthetically on and off the court?  Is Tim Cook the right person to nurture the culture to not only sustain it but also grow it to a better version of itself?

The biggest question of all we should be asking ourselves is why do we not know the answer to these questions?  Why have we not broken into the thick steel vault of Corporate Culture?  Why do we not include in company and market valuation the corporate culture aspect more directly? We look at current leaders, financials, pipeline, past performance, changes in market conditions, ratios, strategy, etc for valuation.  I would propose that these elements are important in valuation; however, corporate culture is the thread that runs through them all.  It is hard to measure, because it is enigmatic…hard to define and for many hard to create, grow and transform.

When people figure out Corporate Culture is the only transformative value creator, then valuing a company will come down to those that have a good culture versus those that do not.  When looking at good cultures, then it will be which ones do shareholders believe in and more align with their values.  After all, shareholders are a part of the team.  Their contribution is not time, energy or creativity…they are contributing their hard earned dollars and trust into the team and the culture.

Want to value a company whether as a shareholder, partner or sole owner for buying or selling purposes?  Top of mind in your valuation calculation…corporate culture.  Companies that develop an amazing culture and then proudly let others know about it, will create, hold and grow more value.

As for Apple, I don’t have firsthand knowledge of their culture but I can think of 356 Billion reasons why we should know in great detail.

Your voice matters and I would love to hear what you think.

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People Take Care of People…Period.

Thanks to Social Media, we are seeing just how communal and supportive people are to one another.  Our most basic needs to be socially and emotionally connected are being met in a broad and sweeping way.  It is an amazing new frontier we are experiencing and the business world is catching on in droves.  You have heard the saying “our employees are our most important resource”, yet not as many employees felt that way.  Thankfully, the tides are starting to change…ahh….how good it is and what a glorious change it will be when fully realized.

People ARE the most important resource, people ARE the most important asset, and people ARE the most important gift you will ever get in life.  They are the like water, and air to us…we cannot live without their connection.  Why…because people take care of people….period.

As a leader of an organization, rethink the paradigm.  Your employees should be first in the care chain.  When you take care of your employees first, they will see your customer as their customer and take care of them accordingly.  People will do more when they are in love and they will be naturally inspired to make a difference with others.  When your employees take care of the customers, they will show their love, care and support in return and take care of your business and your shareholders/owners.

Rethink the Paradigm:  Employees then Customers then Shareholders.  Your organizations may be successful but you won’t know just how much you are leaving on the table until you realize this paradigm.

As the leader of You, take care of yourself first.  Fully love yourself first and then you may love and help others.  When you love yourself fully you expect more, learn and grow more, and give and care more.  Caring and giving more are the best things you can do for yourself, others and your company.  Finding out what gifts you are meant to leave, what messages you are meant to share, and what lessons you are meant to teach are the greatest things you can do for others and your company.  When you take care of yourself and then others, it becomes a natural extension to take care of the world including its resources and peace.  Only the most self-actualized and enriched people live this way and aspire for a world of peace and possibilities.

Rethink the Paradigm.  You then Others then the World.  Are you awesome already…taking good care of your health, heart, mind, soul, family and friends, employer, leader, co-workers, community, and earth?  If you are not yet, just imagine how awesome you could be?

People take care of People.  When we understand this fully and emotionally, our new reality will be far greater than anything we could imagine.

Today’s Project:  Show kindness to yourself, to someone who has made it challenging for you in the business community (your boss, your employee, your customer) and do something earth friendly today.  It takes time to see the change so do it again tomorrow and the following day.  Know this: You are changing the direction of your life, the lives of others and the world.  Now that is Awesome!

I would like to hear from you…you matter to me.  What do you think of this interpretation of People taking care of People?  Share your comments below and share with others if you feel so inspired.