Company culture Flashcards

1
Q

What is company culture?

A

it sets the way a company thinks and interacts
implicit assumptions
share beliefs
values
norms & behaviours

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2
Q

Company values

A

when senior manager don’t live up to your values, cynism will spread
values have to be reflected in daily behaviour otherwise they can turn into clichés

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3
Q

Characteristics of a dysfunctional culture

A

lack of flexibility
bad or mediocre managers
lack of transparency
obsolescence (can’t evolve or innovate)
bad quality or customer service
lack of collaboration & communication (people & department)
people/department units following personal agenda
very political, criticism and backstabbing
fear and lack of trust
selfishness

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4
Q

3 insights

A
  1. organisational cultures are linked to performance
  2. you need to work every day on your culture
  3. company cultures can make you better (or worse) professionally and personally
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5
Q

What are the 2 implicit assumption

A
  1. beliefs
  2. behavior
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6
Q

X-Type theory (control)

A

Manual worker
you cannot expect high levels of engagement and job ethic
most people must be coerced, controlled with punishment
avoid responsibility, prefers to be directed, lacks ambition
most people have little capacity for creativity

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7
Q

What do X-Type theory see labor as?

A

cost driver

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8
Q

Y-Type theory (empowerment)

A

knowledge worker
people will exercise self-direction and self-control
self-control is often indispensable
the average worker can learn to accept & seek responsibility
people can be self-directed and creative at work

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9
Q

What do Y-Type theory see labor as?

A

profit driver

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10
Q

Characteristics of a high performing organization

A

higher levels of service
higher levels of employee motivation and engagement
higher levels of transparency & trust
better selection of employees & talent development
higher levels of productivity per employee & accountability
higher levels of innovation, quality and operational excellence
higher profits

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11
Q

The 5 working areas

A
  1. articulate your values & link them to behaviours
  2. selection
  3. acculturation
  4. assessment
  5. meta-communicate your values (story-telling)
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12
Q

Articulate your values & link them to behaviours

A

CRUD
C - credible
R - relevant
U - unique
D - durable

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13
Q

Selection

A

selecting the right employee is a strategic issue
50% technical skills
50% values & attitudes

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14
Q

Acculturation

A

an opportunity to start ‘holding’ employee’s behaviour & set expectations

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15
Q

Assessment

A

360 degree assessment
50% culture
50% competence, results

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16
Q

Meta-communicate your values (story-telling)

A

storytelling to reinforce company values