September 14, 2012
News

Corporate culture—or a lack thereof—shapes an organization’s value system. And the values that characterize a company influence the types of individuals it hires, how they perform in the organization, and how long they stay in the job.

There are many anecdotes about the negative impact of uninspiring corporate cultures on staff retention. These include cultures that are overly bureaucratic or too focused on micromanagement, and ones that encourage finger pointing rather than constructive problem solving. Sadly, relatively few companies appear to leverage corporate culture as a positive employee retention tool.   One of the exceptions is Coyote Logistics LLC. Headquartered in Chicago, the third party logistics provider employs about 1,100 people. Coyote has clocked spectacular growth rates since it was created in 2006. It effectively doubled the size of its work force in 2011, and plans to add another 500 people this year. CEO Jeff Silver is not worried about a shortage of talent thanks largely to the way in which his organization’s work force and culture are aligned.   Read the full article here.
Supply Chain Management Review