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What strategic lessons the C-suite can learn from Bob Nardelli

What strategic lessons the C-suite can learn from Bob Nardelli

FromDecoding Innovation


What strategic lessons the C-suite can learn from Bob Nardelli

FromDecoding Innovation

ratings:
Length:
18 minutes
Released:
Feb 26, 2024
Format:
Podcast episode

Description

In this episode of Decoding Innovation, Bob Nardelli, founder and CEO of XLR-8 LLC, discusses how CEOs and boards can drive organizational success through right company culture and strategic decision-making. Company boards play a key role in continually driving organizational growth. The boards are adept at identifying opportunities and challenges, and making strategic decisions that can be lucrative, open access to new markets, drive organizational efficiency and consolidate resources. Driving organizational efficiency is another key function of company boards. By scrutinizing internal processes and structures, boards identify areas for improvement, streamline operations and enhance overall efficiency. In the second episode of this two-part series, Bob Nardelli, founder and CEO of XLR-8 LLC and former CEO of The Home Depot, Chrysler and GE Power Systems, discusses how CEOs and boards can drive organizational success through strategic decision-making, and why the right company culture is key to building better partnerships within and outside of the company that can drive organizational success. Key takeaways: CEOs must strive toward fostering the right company culture to drive growth and to enable strategic decision-making. In the realm of growth strategy, boards play a crucial role in attaining substantial and rapid innovation for any organization. Accountability and conviction in driving strategic decisions play an important part of improving organizational growth and investing in the right workforce.
Released:
Feb 26, 2024
Format:
Podcast episode

Titles in the series (28)

Supported by the EY-Nottingham Spirk Innovation Hub, the Decoding Innovation podcast series explores the groundbreaking technologies, business models and ideas that are shaping the future of industries. Listen as we meet with stakeholders at the cutting edge to discuss issues around innovation, disruption and importance of ecosystems.