For Prologis CEO Hamid Moghadam, culture flows from a company's mission and values [Yahoo! Finance]
Prologis, Inc. (PLD)
Last prologis, inc. earnings: 4/21 08:00 am
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Source: Yahoo! Finance
If their first letters form a memorable acronym, even better! Prologis, the global logistics real estate giant, is no exception . But as cofounder and CEO Hamid Moghadam has learned, articulating values can be tough. Trust is vital for every business, observes Moghadam, who heads a team of 2,600. “If you trust your leader and you believe in the mission, then you're prepared to follow the person and help the person be successful.” In his view, the main impediment to that trust is saying one thing and doing another, especially when the long-term mission doesn't square with an expedient decision. “The biggest gap between people's walk and talk I've seen happens when they have to make a short-term trade-off, which is negative, to reach a long-term objective.” Which bring us to values and culture. For Moghadam, a strong culture is a company's only source of long-term, sustainable competitive advantage. “You start with the mission, then you go to values and then go to the culture.”
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PLD
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- 4/17/24 - Miss
PLD
Sec Filings
- 6/18/24 - Form S-8
- 6/7/24 - Form 4
- 6/7/24 - Form 11-K
- PLD's page on the SEC website