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Company Culture

Nov 19, 2020

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Business

Sandeep Mathias

Overview

Societally speaking, culture is the collective knowledge and achievements of a group, expressed by things like customs of behavior, art, music, food, religion, and language. Culture creates the foundation for the values and beliefs of a society, and company culture is similar. It is a shared set of beliefs, values, attitudes, standards, purposes, and behaviors.

All organizations, from startups to the largest corporations in existence, have a culture. Culture is defined as the identity and personality of an organization. It is the shared values and visions of both the employees and the shareholders. It is never static and always evolving with the passage of time and the introduction of new experiences.


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The key to a successful organization is to have a culture based on a strongly held and widely shared set of beliefs that are supported by strategy and structure. When an organization has a strong culture, three things happen: Employees know how top management wants them to respond to any situation, employees believe that the expected response is the proper one, and employees know that they will be rewarded for demonstrating the organization's values.