Chapter 8 Vocabulary Flashcards
A system of shared beliefs and values guiding behavior
Organizational culture
Clear, well defined, and widely shared among organization members
Strong cultures
The process through which new members learn the culture of a team or organization
Socialization
What you see and hear when walking around an organization
Observable culture
Found in the underlying values of the organization
Core culture
Beliefs and values shared by organization members
Core values
Actively develops, communicates, and enacts shared values
Value-based management
Involves practices that create meaning and shared community among organizational members
Workplace spirituality
The process of developing new ideas and putting them into practice
Innovation
Result in better ways of doing things
Process innovations
Result in new or improved goods or services
Product innovations
Result in ways for firms to make money
Business model innovations
Reduces the carbon footprint of an organization or its products
Green innovation
Sustainable innovation
Business innovation driven by a social conscience
Social innovation
Pursue innovative ways to solve pressing social problems
Social entrepreneurs