TOKYO – Shigehisa Takada was adamant as usual. Even at the June 26 press conference where he announced Takata’s bankruptcy, the CEO of the beleaguered airbag supplier refused to acknowledge any fundamental quality issues with the company’s products. “It’s a mystery why the abnormal ruptures [of the air bags] happened, “Takada said at the press …

Bad corporate culture has always been a difficult problem to quantify or regulate. But that doesn’t mean it doesn’t come at a cost to organizations. The problematic culture of Australia’s banking industry, which has been plagued by scandals in the areas of financial advice, insurance and foreign exchange, has given the federal government an excuse …

Opinions expressed by Contractor the contributors are theirs. You are reading Entrepreneur United States, an international Entrepreneur Media franchise. This article is included in Voices of entrepreneurs on corporate culture, a new book containing ideas from over 20 contributors, entrepreneurs and thought leaders. Shutterstock Lately, corporate culture has been in the news for all the …

There aren’t many leaders who would disagree that a healthy and productive culture is a critical component of a business’s success. Yet so many companies with high-sounding “mission statements” and “core values” have the most toxic workplaces imaginable. Too many leaders still treat the human factor in business as an afterthought, a matter of good …

Digital transformation is more than just a plan, experts told the audience at the IDC Directions 2017 event in Toronto on March 28. For a business to truly transform and be successful in the modern technological age, there has to be a cultural shift as well as a practical strategy. Shawn Slack, City of Mississauga …

What is corporate culture? Corporate culture refers to the beliefs and behaviors that determine how a company’s employees and management interact and handle external business transactions. Often the corporate culture is implicit, not expressly defined, and develops organically over time from the cumulative traits of the people the company hires. A company’s culture will be …

The mainstream corporate news media often denies the obvious facts of the present in order to make them more shocking later. It is a way to distort reality and fuel the contempt machine with the ultimate goal of maximizing profits. Namely, last week the New York Times published a widely discussed video compilation of the …

Hewlett-Packard officially split today into two separately listed companies. HP was founded in 1939 and has continued to thrive and survive many business and commercial challenges. Now this 50,000-strong company is no longer replaced by HP Inc. and Hewlett Packard Enterprise (HPE). The move was planned since last year in order to make HP more …

Western Digital has just announced the acquisition of SanDisk. The combined cash and stock transaction is worth around $ 19 billion. This is a big move for Western Digital, as this storage giant has been largely left behind by the rush to solid-state storage, selling domestic hybrid products to consumers. In the future, Western Digital …

In an effort to shrink its money-losing online division and focus on its strengths, Microsoft announced yesterday that it will transfer various of these businesses to other tech companies. Microsoft and Uber Microsoft will sell some of its card generation technology to Uber. In an agreement announced yesterday, the part of Microsoft’s mapping unit that …