Caterpillar’s mindset changes
Caterpillar has certain gone through a lot of change recently. Once a dog, now a sophisticated company. What happened? Take a look at mindset if leaders who joined the company (and left). I am looking at 2012 to 2022 becuase we can connect 10k/q statements, financials to leadership mindsets. Hiring the right mindset can drive success when mixed the right way.
Net Income (Black) VS Systematic people (golden). Correlation coefficient 0.89 (in range from -1 to 1)
Net Income (Black) VS Results people (Orange). Correlation coefficient 0.58 (in range from -1 to 1).
Net Income (Black) VS Experts people (brown). Correlation coefficient 0.57 (in range from -1 to 1)
For a large scale, global manufacturer, focusing on Results and Systematic leaders, you can save, change and grow a company at scale. here is a small hint at connecting mindset to net revenue.