Fueled by Culture
For successful outcomes, a company’s shared beliefs and assumptions need to be foundational, intentional, and purpose driven. In March, AESC member Heidrick & Struggles, a provider of global leadership advisory and on-demand talent solutions, announced its acquisition of businessfourzero, a London-headquartered consultancy specializing in developing and implementing purpose-driven change. Although the two companies are not new to each other, they are in the early stages of this business relationship It’s an opportunity for Heidrick & Struggles to shape culture based on its own four pillars — purposeful leadership, personal change, broad engagement, and systemic alignment (see illustration, directionTK). The challenge for most organizations in merger and acquisition will be to “balance a 10-X opportunity against maintaining business stability by having a combined culture that is intentional, purpose-driven, and foundational,” as Heidrick & Struggles' partner Rose Gailey says. These qualities, Gailey says, are the key for any organization when it comes to culture and its being a successful driver of solutions for “the things that keep CEOs up at night — operating models, talent acquisition and retention, leadership, burnout.” Culture forms foundation During the Covid-19 pandemic, organizational culture was challenged, but it also was “the essential glue” that held organizations together, [...]





