Corporate Culture and Employee Performance
Exploring the types of Organisational Culture that exist within any business and the pOrganisational culture defines the way employees complete tasks and interact with each other in an organization. The cultural paradigm comprises various beliefs, values, rituals and symbols that govern the operating style of the people within a company. Corporate culture binds the workforce together and provides a direction for the company. In times of change, the biggest challenge for any organization may be to change its culture, as the employees are already accustomed to a certain way of doing things.
Types
The dominant culture in organizations depends on the environment in which the company operates, the organization’s objectives, the belief system of the employees and the company’s management style. Therefore, there are many organizational cultures. For example, highly bureaucratic and well-structured organizations typically follow a culture with extensive controls. Employees follow standard procedures with a strict adherence to hierarchy and well-defined individual roles and responsibilities. Those in competitive environments, such as sales, may forgo strict hierarchies and follow a competitive culture where the focus is on maintaining strong relationships with external parties. In this instance, the strategy is to attain competitive advantages over the competition. The collaborative culture is yet another organizational way of life. This presents a decentralized workforce with integrated units working together to find solutions to problems.
Advantages
Strong corporate cultures indicate that employees are like-minded and hold similar beliefs and ethical values. When these beliefs and ethical values align with business objectives, they can prove to be effective in building teams because rapport and trust quickly ensue. The bonds that the teams build help them avoid conflicts and focus on task completion. Strong corporate cultures ease communication of roles and responsibilities to all individuals. Employees know what is expected of them, how management assesses their performance and what forms of rewards are available.
(Will Wookey., September 2019)
Taking a passive approach to culture and employee engagement
Some leaders unintentionally set up their organizations in this way by taking a passive approach to corporate culture and employee engagement. Dramatic, we know, but stick with us for a minute. The organizations are cruising along on the path to executing their strategy, and things are going pretty well, so no one pays much attention to the driver or vehicle, helping them navigate their journey until things start to veer off course. By then there are often timing constraints, transformations, leadership transitions, or other complicating factors that create additional tension and barriers to getting back on course. In one scenario, the organization is a little derailed on the journey to executing its strategy or it misses earnings for a quarter; in extreme cases, we may see the consequences play out on the front page and in the blogosphere, harming corporate and employer brands in the process. (Deloitte US)
8 Ways Company Culture Drives Performance
1.A Rich Company Culture Leads to Innovation.
2.Culture Stresses Common Values and Common Goals.
3.Strong Culture Means Better Retention.
4.Corporate Culture Means Accepting and Celebrating Diversity.
5.Corporate Culture Is Checks and Balances.
6.Culture Is a Long-Term Commitment to Excellence.
7.The Right Focus Means Greater Efficiency.
8.Company Culture Is Increasingly a Marketing Advantage.
(William Craig., August 2017)
CONCLUSION
Corporate culture refers to the beliefs and behaviors that determine how a company's employees and management interact. Corporate culture refers to the beliefs and behaviors that determine how a company's employees and management interact.
REFERENCES
1.Will Wookey., September 2019. (Available at https://www.businessballs.com/organisational-culture/organisational-culture-and-employee-performance/)
2.Deloitte US. (Available at https://www2.deloitte.com/us/en/pages/human-capital/articles/culture-versus-employee-engagement-strategy.html)
3.William Craig., August 2017. (Available at https://www.forbes.com/sites/williamcraig/2017/08/03/8-ways-company-culture-drives-performance/#67f11de6ce0a
Nicely summarized on the topic.
ReplyDeleteThanks brother!
DeleteSo can company culture be changed? Yes, but it takes time and commitment. Those opposed to cultural change and mutually supporting teamwork may need to be fired. It starts at the top of the organization. However, a leopard may not be able to change its spots. It may require a new CEO with a more open management style and a commitment to high performance. Any focused and prosperous business needs to have a leader at the top as opposed to a manager.
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ReplyDeleteHaving a strong corporate culture has become one of the key ingredients to a company’s success. people Hum has an integrated platform with a full fledged ATS built with AI/ML technologies like resume parsing, selection probability score, culture fit probability, and more that provides insights to assess, build, and conduct a high-quality selection process.
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DeleteNicely explained sandeep. I really enjoyed by reading your article.
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DeleteChanging the workforce and organizational culture has been accompanied with changing the way the firm conducts its business, managerial style, systems and procedures and finally the symbols of its identity (Chew and Sharma, 2005). So all the employees need to be well aware of the organizational culture and adopt the practices.
ReplyDeleteThanks for the feedback Chathurika!
DeleteVery good topic sandeep. You have pointed out key things in coporate culture and employee performance. Good job.
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DeleteThe job performance of organization has a strong impact of strong organization culture as it leads to enhance productivity.well explained sandeep.
ReplyDeleteThanks brother!
DeleteA Practicle static topic of Organizational culture relates with emoloyee performance.This attempt will be more successful if it remates to particular industry like plantation.Agreed with overall expression on literature content and lay out.Norms / Ethics and bahavioral impact are amply discussed in the context
ReplyDeleteLet me argue that the corporate culture and the organizational culture are two different topics where both can be identified interchangeably. Corporate culture focuses on for-profit corporations, while organizational culture extends to all forms of organizations including small businesses. But, both refer to the collective values, outlooks and approaches within an organization.
ReplyDeleteThanks for the feedback brother!
DeleteThe job performance of the organization has a strong impact of strong organizational culture as it leads to enhance productivity and the net profit in an organization helps in enhancing the performance of employees.anyway nice expalined
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DeleteCorporations are changing fast in order to keep up with emerging trends, and they need their employees to be agile and well cultured as well. Thankyou for the article! helped me alot
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DeleteVery Nice topic. in overall the points are detailed and well explained job performance of the organization is very important Good job.
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DeleteThese are just a smattering of reasons why organizational culture is important, but they’re a good starting point to get you thinking about what your own organization brings to the table. What’s important at your company might be totally different depending on the situation.
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