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Lockheed Martin Essay

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Lockheed Martin’s Culture
The importance of establishing the correct culture needed to cultivate an organization’s vision into reality is imperative for the success of strategies leaders employ. Lockheed Martin (LM) has built a successful global corporation through the values leaders covet and have built the company’s culture around. Building a strong culture requires implementing a strategy that takes a holistic view of the future of the organization and requires mapping out the steps necessary to move the company toward realizing that goal (Wilson, 2000). Leaders must follow strategic plan development with action to implement the plan for success, and Lockheed Martin leadership has done a fantastic job in this area. This paper will describe the culture at Lockheed Martin, identify the values of the organization, and assess the suggested strategy developed relative to LM’s culture.
Culture of Lockheed Martin Lockheed Martin has developed a culture of innovation, ethics, and work/life balance to become and maintain its position as a pioneer in the aerospace and defense system industry. A quick look through the organization’s …show more content…

However, the organization has not always made ethics a priority. Lockheed Martin employed some questionable tactics in the past that caused them to lose customers for a period of time. Leaders from the organization learned from their mistakes and changed the company’s ethical point of view altogether. In response to ethical malpractice, LM created an ethics department that has become a case study for other companies to follow. The ethics department at LM is populated by employees temporarily assigned from other departments to ensure ethical decision making becomes a part of how LM does business as opposed to an annual training event that is quickly forgotten. The final pillar of the culture at LM is a work/life

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