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Business leaders often are tempted to focus on strategy over culture. But the strongest companies take four key actions that deliver the best of both.

In How to Change, Wharton professor Katy Milkman delves into the science that can help us make changes stick.

Building a better you In How to Change, Wharton professor Katy Milkman delves into the science that can help us make changes stick. How to Change: The Science of Getting from Where You Are to Where You Want to Be by Katy Milkman, Portfolio, 2021 A crisis — such as the COVID-19 pandemic — changes the way we lead our lives, often substantially. But when it’s over and things begin to return to normal, how many of the positive changes will stick? Will we continue to spend more time with family and exercise more regularly? And how do we overcome the very human tendencies toward temptation, ...

Five strategies for reinventing your credit union during the crisis 14SHARES As leaders, we all feel torn right now. We yearn for normalcy and to be able to do what has worked for us previously. That could be the annual planning retreat, regular in-person and virtual board meetings, lots of internal meetings with staff and partners, and fostering an organizational culture that rewards results and celebrates milestones. But wait, we’re still in a crisis, right? Should we be focused on “mission-critical” priorities or should we be talking about how our world has changed and then move with...

Practicing strategy in an uncertain world A modern strategy that works will require leaders to learn new skills and apply new tools. Here’s a primer for a refreshed approach. Illustration by Klaus Vedfelt Kristian Ebbesen Fjelde and his team knew that the executive committee meeting scheduled in mid-2019 to discuss the future strategy of their company was more important than most. Equinor had changed its name in May 2018 from Statoil to signify that it wanted to become a more diversified energy company and take a leading role in the long-term goal of transitioning out of fossil fuels. Equ...