Not long ago, Bob Whitman, the chairman and CEO of the famed leadership training firm Franklin Covey, told me a story about how building a strong company culture can be tougher than it seems.

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This is by no means inevitable, as he discovered first hand after the Covey Leadership Centre merged with Franklin, a firm that had pioneered time-management products.

ECONOMIST: Schumpeter: Stephen Covey, RIP | The

Covey was the founder of the Covey Leadership Center, which merged with Franklin Quest in 1997 to form FranklinCovey Co.

FORBES: Stephen R. Covey, '7 Habits' Author, Dies At 79

He founded Covey Leadership Center, which in 1997 merged with Franklin Quest to create FranklinCovey Co.

CNN: '7 Habits' author Stephen Covey dead at 79