corporate culture Flashcards

1
Q

defintion

A

is a system of shared values and beliefs of people within the business. Important for a business to have a positive corporate culture as it increases efficiency and effectiveness and therefore productivity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

official corporate culture

A

this is what the business wants to be, seen in the official documents eg slogans, written policies and objectives. it is the desired culture the business wants to establish

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

real corporate culture

A

is what the actual shared beliefs and values of people within the business believe. Can be seen in how managers communicate with staff, rituals, titles and standard of dress

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

indicators of corporate culture

A
core values 
communication
heroes
rituals
dress code
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

core values

A

what the business values most, wont change even if the business does. they provide direction for the way the business operates and acts as a guide post

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

communication

A

how the manager communicates with subordinates and how employees do with each other. open two way comm indicates business values relationships

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

heroes

A

those within the business that they look up to due to the way they demonstrate the desired values eg employee of month

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

developing corporate culture

A

training
communication
rewards and recognition

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

training

A

where an employee learns new skills and knowledge. incorporate desired values into training eg if customer service is valued to customer service training

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

communication

A

communicating the desired values and beliefs. employees need to be aware of the expectations placed upon them, gives direction so they can embrace these values

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

rewards and recognition

A

positive reinforcement when employees demonstrate correct behaviours= ecourages employees to continue to show desired values and encourages others to follow lead in order to also achieve rewards and recognition.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly