organizational cultures Flashcards
how important is corporate culture?
it is everything
what is an academy of culture ambassadors?
representatives that gather from all professions to pursue workplace culture excellence
Micheal Porter on strategy?
strategy is developed in a unique position in the marketplace and gaining competitive advantage and designing a competitive advantage that si sustainable over a long period of time
- Organizational culture does not beat strategy it is strategy
why is culture strategy?
culture is about intangibles and is the opposite of commodity and differentiates you
what is organizational culture?
- set of key characteristics that the org values that distinguishes itself from others
- org culture is who we are
- it is about what we value
do orgs have a uniform culture?
a dominant culture expresses core values taht are shared by the majority of the org members
- subcultures tend to be developed in large orgs
why can a strong culture facilitate performance?
- they are categorized by goal alignment
- create a high level of motivation
they provide control
what are some elements in managing culture?
- what leaders pay attention too
- how leaders react to crisis
- how leaders behave
- how leaders allocaterewards
organizational vs national culture
- national: has a greater impact on employees than orgs culture
- expect to hire employees who fit within the orgs culture
why is culture a liability?
- envornment is dynamic
- hinders abalitto repsond to changes
- the dilemma of hiring a diverse workforce
- cultural incompatibility in mergers and acquisitions
how can we keep culture alive?
- selection
- founders and senior management
- socialization
