corpate culture Flashcards
(12 cards)
corporate culture
The shared values, beliefs, and behaviours that shape how employees interact and work within a business.
Factors affecting Corporate culture
-Purpose of business, type of product
-Ethics/values
-Mission statement
-Leaders
Strong culture
Where values, beliefs, and ways of working are deeply embedded within the business and its employees
weak culture
When employees do not share the company’s values, leading to a lack of clear identity and cohesion
Adv of a strong culture
-Motivated employees
-Lower turnover of staff
-Brand image is good
-Clear strategic direction and focus
Consequences of a weak culture
-Little direction and focus
-low motivation
-Reistant to change
-Lower customer satisfaction
Difficulties in changing corporate culture
Have to change people’s attitudes and beliefs
Handies corporate culture modle
-Power
-Task
-Role
-Person
Power
Culture is centrailsed with one/ small group of people making decisions
+Enables quick decision making, clear direction
-Lack of employee involvement, lower motivation, overly reliant on leaders
Role culture
Structured system where employees have clear roles & responsibilities
+Good in large companies, specialising in roles
-More bureaucratic, less flexibility and innovation
Task culture
Emphasis on teamwork and problem solving, within the structure
+Higher motivation, encourages innovation
-Lack of clear authority, employees work on multiple projects
Person cultuyre
Prioritises individuals over organisations, employees work individually
+Boost motivation, greater freedom
-Lack of direction, hard to implement in large firms