Organizational culture is a system of shared meaning and beliefs held by organizational members that determines‚ in large degree‚ how employees act. In every organization‚ there are values‚ symbols‚ rituals‚ myths and practices that have evolved over time. These shared values and experiences determine‚ in large degree‚ what employees perceive and how they respond to their world. There are seven dimensions that capture the essence of an organization. Singapore airlines focus mainly on people orientation
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Natural Gas‚ became CEO‚ and the next year won the post of chairman. From the pipeline sector‚ Enron began moving into new fields. In 1999‚ the company launched its broadband services unit and Enron Online‚ the company’s website for trading commodities‚ which soon became the largest business site in the world. About 90 per cent of its income eventually came from trades over Enron Online. Growth for Enron was rapid. In 2000‚ the company’s annual revenue reached $100 billion US. It ranked as the seventh-largest
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OPENNESS. Openness can be defined as a spontaneous expression of feelings and thoughts‚ and the sharing of these without defensiveness. Openness is in both directions‚ receiving and giving. Both these may relate to ideas (including suggestions)‚ feedback (including criticism)‚ and feelings. For example‚ openness means receiving without reservation‚ and taking steps to encourage more feedback and suggestions from customers‚ colleagues and others. Similarly‚ it means giving‚ without hesitation‚ ideas
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ENRON Principles of Accounting Enron Key Players KENNETH LAY Former Enron chairman JEFFREY SKILLING Former Enron CEO DAVID DUNCAN Former Andersen partner NANCY TEMPLE Andersen lawyer THOMAS WHITE Secretary of the Army SHERRON WATKINS Enron vice president Enron started about 29 years ago in July 1985 in Houston‚ Texas.. A energy economist named Kenneth Lay became the CEO of Enron. Mr. Lay was a very optimistic
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Walt Disney Company Organizational Behavior and Communication Chantelle Morris COM/530 05/11/2015 Mr. Byron Johnson Introduction The Walt Disney Company‚ founded by Walt Disney himself‚ was built upon the values of hard work‚ team work‚ and good fun for all (Daniel‚ 2002). Walt Disney ’s main focus was to create an experience that people would remember for the rest of their lives (Kelly‚ 2007). However‚ the Walt Disney Company often struggled to keep its espoused values in line with its enacted
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performance of employees depends on the strength of the organizations culture. Organizational culture as defined by Landy (2012‚ p.565) refers to the shared beliefs and values of the managers and leaders in the organization that are commuted to the employees. Put another way‚ organizational culture reflects the personality of the organization. Asda have defined their values to customers and employees which influence the organizations culture. They believe to provide excellent services to their customers
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Enron Corporation (former NYSE ticker symbol ENE) was an American energy‚ commodities‚ and services company based in Houston‚ Texas. Before its bankruptcy on December 2‚ 2001‚ Enron employed approximately 20‚000 staff and was one of the world’s major electricity‚ natural gas‚ communications‚ and pulp and paper companies‚ with claimed revenues of nearly $101 billion during 2000.[1] Fortune named Enron "America’s Most Innovative Company" for six consecutive years. At the end of 2001‚ it was revealed
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Organizational Culture Inventory The organization I chose to study is T-Mobile USA. I have been working for T-Mobile for almost 5 years now. T-Mobile USA is a telecommunications provider. It’s a subsidiary of Deutshe Telekom in Germany. T-Mobile sells cell phones and provides mobile network service for its customers. I am a technical support representative in one of the many call centers. I have been there through many organizational changes. As shown in the OCI Circumplex‚ the primary style of
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Based in Houston‚ Texas an American energy‚ commodities‚ and services company named ENRON CORPORATION was Ranked number 7 on the fortune 500 list in 2000‚ it was one of the most famous and largest integrated natural gas and electricity companies in the world. The company went bankruptcy on December 2‚ 2001. But before that it marketed natural gas liquids around the world and was working as one of the biggest natural gas transmission systems in the world‚ with transmissions over a massive area of
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What do you think are the most important lessons to be learned from the Enron scandal? Hanson: The Enron scandal is the most significant corporate collapse in the United States since the failure of many savings and loan banks during the 1980s. This scandal demonstrates the need for significant reforms in accounting and corporate governance in the United States‚ as well as for a close look at the ethical quality of the culture of business generally and of business corporations in the United States
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