Future Ready Leadership With Jacob Morgan

The Counterintuitive Hiring Secret That Built Royal Caribbean's $16B 'Culture of Wow'

Oct 20, 2025
Richard Fain, former CEO and current Chairman of Royal Caribbean Group, shares insights from his book, Delivering the WoW. He reveals how he built a culture of purpose, emphasizing values over skills in hiring. Fain discusses innovative leadership development through cross-functional rotations and the significance of measuring culture with transparency. His unique anecdotes include lessons from a runaway blimp experiment and the importance of candid communication to maintain cultural alignment. Discover how these strategies contributed to Royal Caribbean's thriving success.
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INSIGHT

Culture As A Shared Mindset

  • Culture is a shared mindset aligning people to a North Star and continuous improvement.
  • Shared values and purpose drive daily decisions and long-term direction.
ADVICE

Hire For Fit Over Fitness

  • Prioritize cultural fit over pure technical fitness during hiring decisions.
  • Choose candidates who collaborate and share the company's values, not just those with skills.
ADVICE

Build Leaders Through Rotation

  • Promote internally and rotate leaders across functions to build broader experience.
  • Use lateral moves and cross-functional projects to create leaders who understand the whole business.
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