3.4.2 Strong + Weak Cultures Flashcards
Culture
Way that business does things, shared values, beliefs + norms of everyday
Strong culture
Culture imbedded, staff understad + respond to culture
Little need for procedures + consistent behaviour
Strong culture points/chains of analysis
Sense of identity + belonging
Same goals and values
More motivated employees
Accept change easily
Employees r committed
Employees less likely to leave
Low labour turnover
What does a low labour turnover lead to?
Reduces fixed costs to do with recruitment + training
So break even point reduces
So doesn’t need to sell as many units to break even
What is a labour turnover?
How often employees r leaving + being replaced
Weak culture
Little alignment with busi values, inconsistent behaviour
Weak culture pointers
No sense of belonging
Employees work independently
Employees = unproductive
High absence
High labour turnover as employees leave