Stephen I. Sadove, chairman and chief executive of Saks
Inc., explains that it is culture that drives results:
'It starts with leadership at the top, which drives a
culture. Culture drives innovation and whatever else you’re trying to drive
within a company — innovation, execution, whatever it’s going to be. And that
then drives results.
When I talk to Wall Street, people really want to know your
results, what are your strategies, what are the issues, what it is that you’re
doing to drive your business. They’re focused on the bottom line. Never do you
get people asking about the culture, about leadership, about the people in the
organization. Yet, it’s the reverse, because it’s the people, the leadership,
the culture and the ideas that are ultimately driving the numbers and the
results.'
