Corporate Culture its types purpose impact and benifits on mission goal and policies

What is Corporate Culture?

Corporate
Culture




…and what determines it?


ITC M1:U3:3.2-1

, Corporate Culture
Comprises values, beliefs and norms of behaviour
Subconscious level
Has an impact on: Corporate goals and policies
Corporate and functional strategies
Organisational structure
Corporate
Culture Internal and external channels of
communication
Control systems
Reward systems
Working hours
Dress requirements, and
Social relations.
ITC M1:U3:3.2-2

,What determines corporate culture? (I)
the national culture:

 Importance of personal relationships
 Protocol vs. familiarity
 Concept of time & punctuality
 Degree of directness
 Attitude to risk & risk-taking
 Importance of continuity vs. innovation & change
 Attitude to confrontation & disagreement
 Attitude to short vs. long term

ITC M1:U3:3.2-3

, What determines corporate culture? (II)

the founder and dominant individuals


history of the organisation
Bad experiences in the past will discourage
certain approaches in the future.
age & size
nature of the work
the types of power…..
ITC M1:U3:3.2-4