Culture busines

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  • 1. Corporate Culture:Corporate Culture:A Global PerspectiveA Global PerspectiveCorporate Culture isCorporate Culture is1.1.Influenced by national cultureInfluenced by national cultureandand2. Sustained by corporate leadership2. Sustained by corporate leadership

2. What is corporate culture?Corporate culture is a manifestation of theinformally sanctioned corporate attitude.It is often referred to as OrganizationalDNA or the Organizational Soul.It is a fundamental contributor to the successor failure of corporate strategies. 3. A leaders vision, policies, and actions Influential individuals or work groups Policies & Procedures (Careless, lax, or unclear) People management philosophy (ignoring employee harassment) Employee work-ethic (hire for attitude; train for skill) Organizational policies (no gifts from suppliers, casualFridays, etc.)Corporate Culture can evolve from 4. A companys Values, business principles, and ethical standards preachedand practiced by management Approaches to people managementand problem solving Relationships with Shareholders, community, customers,suppliers, government agencies, etc. Entrenched attitudes toward people from different nationalculturesCorporate Culture is reflected inCorporate Culture is reflected in 5. The First Step on the Path toThe First Step on the Path toImplementing a SuccessfulImplementing a SuccessfulGlobal StrategyGlobal StrategyUnderstanding the Relationship betweenUnderstanding the Relationship betweenNational Culture and Corporate CultureNational Culture and Corporate Culture 6. Corporate Culture & National CultureAre Symbiotically RelatedAre Symbiotically Related 7. What is national culture?National culture is the mental programmingof a group of people. It is comprised of thevalues, customs, and belief systems shared by aparticular group of individuals. 8. Cultural Understanding can translateCultural Understanding can translateto better Business Practicesto better Business PracticesHe separated cultures into five dimensions: Power Distance Individualism Uncertainty Avoidance Masculinity Short and long-term orientationContributions of Geert HofstedeContributions of Geert Hofstede 9. Business Ethics:Business Ethics:It can be argued that some dimensions ofIt can be argued that some dimensions ofbusiness ethics are fluid.business ethics are fluid.Cultural norms can differ betweenCultural norms can differ betweencountries. What is unacceptable in one countrycountries. What is unacceptable in one countrymay be perfectly acceptable in another.may be perfectly acceptable in another.ThusThusA healthy corporate culture will encourageA healthy corporate culture will encourageemployees to observe, learn, and avoid passingemployees to observe, learn, and avoid passingjudgment too quickly.judgment too quickly. 10. Effective strategic leaders --Effective strategic leaders -- Craft global strategies that nurture a healthyCraft global strategies that nurture a healthycorporate culturecorporate culture Encourage employees to understand and appreciateEncourage employees to understand and appreciateother national culturesother national cultures 11. Determination to nurture a healthy corporate cultureDetermination to nurture a healthy corporate culture CourageCourage Self-confidenceSelf-confidence IntegrityIntegrity The capacity to deal with uncertainty and complexityThe capacity to deal with uncertainty and complexity A willingness to hold people (and themselves)A willingness to hold people (and themselves)accountable for their workaccountable for their workImportant qualities of strategic leadersImportant qualities of strategic leaders 12. SummaryCultural Core ConceptsCultural Core ConceptsIts not about Magic Its about Management 13. Corporate CultureManagements Responsibility1. Corporate culture refers to the character of acompanys internal work climate and personality.2. In a strong-culture company, culturally-approvedbehaviors and ways of doing things are nurturedwhile culturally-disapproved behaviors and workpractices are discouraged. 14. 3. In adaptive cultures, there is a spirit of doing what isnecessary to ensure long-term organizational success.4. Adaptive cultures are exceptionally well suited tocompanies with fast-changing strategies and market.5. The tighter the culture-strategy fit, the more theculture steers company personnel into displayingbehaviors and adopting operating practices that leadto successful strategy execution. 15. 6. It is in managements best interest to dedicateconsiderable effort to building a corporate culturethat encourages behaviors and work practicesconducive to good strategy.7. A companys culture is grounded in and shaped byits core values and the bar it sets for ethicalbehavior.8. A multinational company needs to build itscorporate culture around values and operatingpractices that travel well across borders. 16. A relaxed cultureA relaxed culture