Let’s start with the definition of culture and corporate culture.
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Organizational Culture
Culture is the characteristics of a particular group of people and the symbolic structures that give such activities significance and importance.
Corporate culture:
The customs, rituals, and values shared by the members of an organization (company, workplace) that have to be accepted by new members.
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The importance of Corporate Culture
Overall „ feel”:
Culture determines the overall “feel” of the organization, although it may vary across different segments of the company.
Powerful force:
Culture is a powerful force that can increase the companie’s overall effectiveness and long-term success
Loyalty
Organizational culture helps to keep employees motivated and loyal to the management of the company. If employees view themselves as part of the organization’s culture, they are more motivated to corporate and achieve the companies goals.
Unity
A shared organizational culture helps to unite employees of different demographics. Many employees within the organization come from different backgrounds, families and traditions and have their own culture.
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Components of a great Corporate Culture
Organization’s founder:
Personal values and beliefs. No company culture can build without people who either share its core values.
The management style:
The way that staff is managed, and the relationship between management and workers. This also include the ways of decisions are made and problems are solved.
The organization’s principals
Organizations have got core values, that reflect( show) what is important in the company.
The organizational beliefs:
Organization’s culture may include beliefs about the best ways to achieve certain goals such as increasing productivity and job motivation.
The morale of employees
For example, an organization may believe that the expression of