Corporate Culture Flashcards

1
Q

Main elements of corporate culture?

A

-artefacts like uniform or physical layout
-values and principles upon which people base their behaviour
-values and believes of the original owner
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2
Q

Corporate culture is affected by..

A
  • historic decision making process
  • size and nature of business
  • number of employees involved in decision process
  • management structure
  • flexible working
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3
Q

Management influence corporate culture by..

A
  • appropriate policies in place
  • positive leadership style to motivate staff
  • having a mission statement to encourage staff
  • social and physical enriconment to encourage communication
  • dress code so employees feel a sense of belonging
  • structure adopted
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4
Q

Advantages of a strong corporate culture?

A

Improved customer satisfaction and loyalty
Increase staff motivation
Moving between branches is easier as policies are known
Reduced staff absenteeism or turnover
Single corporate identity is given to customers

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