5E Flashcards
developing corporate culture
what is corporate culture
The shared values, beliefs and practices of a business.
what is Official corporate culture
The values and beliefs that a company is trying to convey to the public. Usually observed in mission statements, logos, slogans, and symbols.
what is real corporate culture
The actual values and beliefs present in a company, observable from dress, behaviour, and the way employees and managers relate to each other.
how to develop offical corporate culture
-Shared objectives=Publishing or updating a mission statement.
-Policies=Establishing or amending policies and procedures in documented forms. =Publishing an employee code of conduct.
-Training=Developing employee training programs.
-Symbols=Selecting business names, logos, and slogans to represent the business as an entity.
-Uniform=Implementing guidelines and regulations around employee attire.
how to develop real corporate culture
-Type of employees=Tailoring employee hiring criteria to the specific needs of the business.
=Hiring a range of staff from a variety of backgrounds.
-Workplace environment=Changing office layout to reflect the desired ways of working.
-Business rituals=Organising regular celebrations of employee contributions to the business.
=Discussing areas for improvement in employee performance by taking a depersonalised approach to failures.
-Management styles=Selecting a management style that reflects the business’s environment and aims.
What is the difference between official culture and corporate culture
Official corporate culture what is meant to happen= is official really filtering into real.
Real corporate culture not written down=not found in documents and internal focused.
-about corporate being done and done well is real