Corporate Culture & Change
Organizational culture (also known as “corporate culture” or “company culture”) refers not only to what is done, but also to how and why it is done. It refers to the mental and inter-personal processes that are happening within an organization. This includes the decision making processes within the organization and more importantly it includes the assumptions and attitudes that influence the decision making processes
Changing corporate culture so that your whole organization shares a common vision, sense of purpose and mutual respect for customers, suppliers and fellow employees, will reduce business costs and increase your organization responsiveness to change. If you have a great corporate culture then your staff will fulfill their desires around their tasks, and will want to be productive for several reasons:
A company with a poor organizational culture is likely to:
- Find it hard to keep good staff.
- Incur high costs on recruiting and training new staff.
- Have groups of ‘social / cultural silos’ with people finding it hard to co-operate within and between teams. They may even see each other as adversaries.
- Experience communication breakdowns (preventing important information from being shared).
- Find that staff don’t enjoy their work and take more sick leave.
- Notice poor performance and inferior quality decisions being made as a result of dysfunctional information flow, poor co-operation and low level of care and responsibility.