Chapter 8 Flashcards
What is Organization Culture
Organizational Culture refers to a system of shared assumptions, values and beliefs that indicate appropriate and inappropriate behavior within a given organization.
Assumptions
Beliefs about human nature and reality that are taken for granted.
Values
Shared principles, standards and goals
Artifacts
The visible and tangible elements of organizational culture
Organizational Culture
Determine what kind of relationships occur at work and what happens.
Broader Culture
Hoefstads dimensions, the example we used in class was registering animals in Canada vs just having them if you want them in India/Pakistan. This is an example of a difference in uncertainty avoidance.
Three Ways Culture is created in a firm:
- Broader Culture
- Organizational Imprinting
- Industry Demand
Organizational Imprinting
Founders imprint is the founders values, persona, ideas, sense of self and other inputs that go into the business.
Industry Demand
Your culture is influenced by the economic landscape of your product. it comes from analyzing complements, substitutes and the market structure of your industry. This information profoundly shapes how you run your firm and as a result, it shapes its culture.
How is culture maintained?
- Leadership
- Attraction, Selection, Retention
- Onboard/Socializing
- Rewards
Stable Cultures
These cultures are predictable, rule oriented, and bureaucratic.
Attraction, Selection, Retention
Employees find the Companies they like, Companies find the employees they like, and pairs that successfully blend organizational culture and expectations are retained.
On boarding/Socializing
Can be as informal as a “Sink/Swim” process or can be as formal as a full fledged bootcamp.
Rewards
Offering commission at Future Shop as a means to incentives and stimulate a proactive firm culture.
How do you change culture?
- Eliminate Obstacles
- Continue to provide support
- Create small wins