Monday 4 January 2016

Corporate culture

How important is corporate culture?

8 comments:

  1. The corporate culture includes a variety of factors such as a mixture of attitudes, beliefs, mission, philosophy and impetus that help create and maintain a brand image.
    This culture represents the vision, symbols, beliefs, behaviors and traditions that are transmitted to new members of the company. Corporate culture affects how employees interact with each other. Culture is a key to business success is the engine of growth. It is this which establishes the rules of "living together". The best culture is managed and maintained by the majority of employees and not by a single body. If in a company, everyone going in the same direction in unison, the company can dominate any industry.
    Finally, the corporate culture plays an important role in society.

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  2. Corporate culture refers to the beliefs and behaviors that determine how a company's employees and management interact and handle outside business transactions.
    .why this is importante?
    Because the organization culture will affect you in many ways such as hours worked per day ans per week, availability of options such as flextime and telecommuting, how people interact with each other in the workplace, how people dress for work, benefits offered to employees, office space, training and professional development opportunities, perks,just aboit everything related to your time at work.
    MBARGA FELICITE

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  3. I find a good website where this notion is explained with a article and a video, if you want to read or watch it : http://www.investopedia.com/terms/c/corporate-culture.asp

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  4. I think the answer to this question depends on whose point of view we are adopting :

    To the head of the company, this is an ensemble of tools that, if handled correctly, can increase their revenues.
    To the employee, it is an important criterion to decide whether or not he should work for this company.
    (We can see here that their money grants the leader power over the workers, but that the employee's skills and workforce gives them a form of counter-power too)

    To the person who might purchase, directly or not, the products sold by the company, it is a part of the company's image, and it will impact his decision.

    Finally, after hanging around on the Internet (forums, satirical dictionnaries ...), I am under the impression that, to regular people, it is one of the evidences of the manipulation and dishonesties that big firms are exerting over the workers.

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  5. Corporate culture refers to the shared values, attitudes, standards and beliefs that characterize members of firms and defines their organization. This concept emerged in the 60's and is now present in every big firms. How important is corporate culture ?

    First of all, I'm going to talk about the role of corporate culture in the managment of a company. This concept is seen with a different point of view depending on the role of the member, as Lucas said. In general, it permits to create cohesion, to bring the members together, in order to perform and motivate the employees. This concept is also important for new employees because the values are common, and they have the same reference to work in coordination.
    Secondly, I'm going to treat the limits of corporate culture. One major limit is the ''cultural success'' : if corporate culture is too important, memebers won't see the risks and will continue untill there is a big danger for the company, leading to its fall. Also, if the company strictly follows this values and standards, the members will focuss on it : they won't improve what is necessary and will stagnate.

    To conclude, I'm not a professional of business, but I think this concept is useful for companies in terms of making money : they use it for adds, to attrat more and more clients. Only few members have benefits : workers are often losers.

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  7. Every organization, from a small businesses to large corporations, has a culture. The culture refers to the values and attitudes of employees in the business or organization. A healthy corporate culture values each employee in the organization regardless of his job duties and improves the performance of a business in a number of areas. So how important is corporate culture?
    To begin with, in a company that values workers for their contribution to the business, employees experience high morale and a positive attitude toward the organization. Workers with a positive attitude are loyal to the organization, which reduces employee turnover. Worker turnover has a high cost to a business, with increased costs for recruitment, hiring and training.
    In my opinion companies with a healthy corporate culture gain a positive reputation among potential workers, which may attract talented and skilled workers to the organization. In addition to attracting high-quality workers, a well-regarded business reputation allows the company to charge a higher price for products and services and increases the value of the company in the financial market. Moreover, customers may prefer to conduct business with a business with a solid corporate reputation as well.
    Nevertheless, a strong corporate culture is one that empowers employees, makes them happy to come to work, and increases their productivity.
    One of the elements of a strong organizational culture is a clear mission and purpose. When a company has a clearly defined mission statement and everyone in the company understands it, this is a sign of a potentially strong culture. Another sign of a strong corporate culture is respect among employees. When employees feel respected by management, they tend to perform better and stay actively engaged in their jobs.
    Because the corporate culture is a driving force in how the company does business, it has an impact on developing business strategy.
    To conclude, company culture is more important than ever. It's not that company culture was ever unimportant, but it's quickly proving to be a "must-have" rather than a "nice-to-have".

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  8. In my own opinion corporate culture is rather important in our days. Every organization has its own culture, because it is a group of people interacting closely witch each other. A corporate culture is adopted to the company's demeanor. It represents the common ideas and values of employees .It is important to understand that the corporate culture there are two sides: the visible and invisible. Corporate style, dress code, working atmosphere, staff privileges, titles in the company and other things - only the attributes of corporate culture.
    Much stronger influence has the invisible side of the corporate culture. That's are values, standards and outlook, which are the basis for taking actions and making decisions in a team. A symbolic example of such a commonality of interests may serve as statements like "quality over quantity", "our company takes care of its people".
    All this affects on the existing company codes of conduct. They are based on a single conceptual system, which defines the process of perception and understanding of events and something that we pay attention. For example, the organization may be accepted and considered normal, that employees sit up late at work and try as quickly as possible to respond to customer inquiries, that management actively involve subordinates in the decision-making process, or, conversely, makes all the decisions on their own.

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