Creating a Compelling Company Culture with Mary Morrissey - Genius Network Episode #200

3 Nov 2023 · 5 min
Episode

3 Nov 2023 · 5 min

0:00

Mary Morrissey recounts how she solved a scaling problem in a virtual business by making core values explicit and transmissible. After rapid growth (from 4 people in 2009 to ~50 within a few years; revenue growth examples: $6M→$10M), she attended Genius Network, used "meta listening," and learned from Dina Dwyer and Dan Sullivan. She organized a 3-day executive retreat (38 people, Ritz-Carlton Laguna Niguel) to codify core values and ran a 90-day experiment requiring employees to learn and live the values. She reports this change added $15M to the company and describes Life Mastery Institute’s core values (belief in people, love/care, delight/exceed expectations, integrity, fun, growth). The chunk also cites specific facts used as rationale (employee turnover cost = 1.5–2× salary) and references Steve Jobs’ 1997 Apple ad as an example of expressing purpose.

Questions this episode answers

2009

2013

About 50 employees

$15 million

$65 million

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