Corporate Culture
In a contemporary business environment, organizational culture is one of the strategic methods that an organization employs to achieve competitive advantages. Culture is a technique that organizations employ to differentiate among one another. Each organization has its own unique culture that guides the conduct of the employee. Organizational culture consists of the organizational personality and it is the value, norm and behavior of the member of an organization.
The objective of this paper is to explore the concept of organizational culture and how the concept is translated into the organizational acts.
High Performance Culture
In the present competitive environment, each organization is searching for the method to achieve market competitive advantages and differentiate its products and services from the markets. In the contemporary business environment, culture of innovation is a method a high performing organization employs to differentiate itself from other organizations. The success of an organization depends on its culture, and an organization with well established culture will be able to drive up performances. A corporate culture is the sum of the organizational behaviors and practice used to drive up performances. There are several methods an organization could use its corporate culture to drive up performances.
First, an organization could drive up performances by incorporating culture of innovation in its business policy. An organization that builds culture of innovation in its corporate policy has developed a strategy to drive up business performances. Typically, a culture of innovation is a strategy that an organization could use to create unique product and services to achieve market advantages. In the last two decades, Apple Inc. has developed a culture of innovation to drive up performances. By inculcating innovation in the company culture, Apple has been able to design and produce high quality products such as iPhone, iPod, iMac, iTunes, Macpro etc. (Apple 2010).
Another method an organization could use culture to drive up performances is by generating customer loyalty and ignites employee passion. Typically, an organization could develop a culture that shapes employee behavior and influence business practice. An organization that is able to deliver its promises to employees and other stakeholders will reap high market advantages. For example, an organization that inculcates learning culture to improve the skills of its employee through training and development will improve employee performances and consequently using employee to drive up performances. Moreover, an organization that inculcates the culture of corporate social responsibility (CRS) in its business policy will enhance its public image.
Rosenthal and Masarech (2003) argue that value driven culture could enhance an organizational business performances. For example, an organization with the value driven culture could attract high skilled employee to achieve business goals. Typically, organizational value is very important in the contemporary competitive advantages. Environment that organizations are operating is changing, and organizations need to meet the expectation of the society and the shareholders. To attract the talented employees, a corporate organization needs to build a culture that will align a personal value. By building a value driven culture, organization will be able to increase the employee fulfillment. Many medium and large organizations have translated corporate culture into the organization acts. For example, many medium and large organizations have realized that employees are assets to the organizations, and the developing employees skill enhances organizational performances. Rogers & Ferketish (2010) argue that employee fulfillment could increase corporate performances by 39% and consequently translate into financial success. Thus, organizations that have developed learning culture to enhance the skills and development of employee will enjoy high business performances. In additions, organizations that have developed learning culture will attract and retain star performers and talents to achieve the business goals. Rosenthal et al. (2003) argue that value driven culture create personal connections between employees and the organizations which contributes to the business performances. The findings of the survey conducted by the author supports this assertion.
Fig 1: Employee Commitment...
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