Microsoft, unlike Apple, is not secretive. Microsoft usually offers previews of their products several months before its official release (Lloyd, 2011). They do this as it is its corporate culture. This enables customers to evaluate the product before deciding to buy. On the other hand, the company is able to get feedback regarding to the product from the customers (Lloyd, 2011). This helps the company to improve on the product before its official release. Microsoft has a set of brilliant and hardworking employees. Most of these employees are computer software developers (Lloyd, 2011). While Apple corporate culture focuses mainly in designing new and unique products, Microsoft corporate culture focuses on making money through sales of their products.
There are several ways that the unique corporate cultures of these two companies have benefited from other's competition. First these companies have partnered together to develop certain software. Second Microsoft has started producing software…...
mlaReferences
Company vitae apple. (2012). Management Today,, 16-16. Retrieved from http://search.proquest.com/docview/927127983?accountid=35812
Erickson, J.A. (2008). Corporate culture. Professional Safety, 53(11), 35-38. Retrieved from http://search.proquest.com/docview/200397615?accountid=35812
Goltz, J. (2009). Corporate Culture. FSB: Fortune Small Business, 19(8), 61.
Judith, a.E. (2008). Corporate culture. Professional Safety, 53(11), 35-38. Retrieved from
CORPORATE CULTURE SURVIVAL GUIDE (CHAPTER 1 & CHAPTER 2)
The work of Edward H. Schein (1999) entitled "Corporate Culture Survival Guide" begins by examining the question of why it is important to understand culture. It is important according to Schein (1999) to understand that the organization exists "within broader cultural units that matter in today's global world because mergers, acquisitions, joint ventures and special projects are often multicultural entitles who must have the ability to work across cultures." (p.3) Culture is residual in the individual and is reported by Schein to be the "hidden force hat drives mot of our behavior both inside and outside organizations." (Schein, 1999, p. 3)
Schein (1999) makes it clear that the organizational culture is no small thing but instead is vital and a living aspect of the organization that determines the organization's projection whether that be toward failure or success. People belong to their country, as…...
mlaBibliography
Schein, EH (1999) The Corporate Culture Survival Guide. John Wiley & Sons. Retrieved from: http://books.google.cz/books?id=LkYRFu05W-AC&printsec=frontcover&hl=cs#v=onepage&q&f=false
Mercedes-Benz determined that an annual increase in the score of a corporation of a single statistical point on the customer satisfaction barometer five years consecutively corresponded to more than an 11% increase in profitability (oss, 2002).
Mercedes-Benz also determined that generating positive attitudes among its employees was essential to achieving high employee retention rates and to maintaining a positive work environment (ussell-Walling, 2005). The company determined that this is particularly important with respect to the quality of customer service interactions and to the willingness of employees to conduct customer relations in the manner most conducive to retaining customers for the long-term. Essentially, Mercedes-Benz determined that employee satisfaction, in large part, determined the company's success at retaining both quality employees and also its success retaining customers thereby (ussell-Walling, 2005).
Mercedes-Benz began soliciting the opinions of employees by inquiring anonymously into such things as whether or not they enjoy their work, whether or…...
mlaReferences
Kinicki A. And Williams B. (2005). Management: A Practical Approach. New York:
McGraw-Hill.
Liker JK. (2003). The Toyota Way: 14 Management Principles from the World's Greatest
Manufacturer. New York: McGraw-Hill.
Corporate Culture can be effectively defined as the basic behaviors and the attitudes and all the related approaches that individuals within an organization use when they interact with one another for any reason at all. It also refers to formal and written policy within the company that is concerned with things like the dress code of the employees, the employee relationship with each other within the organization, and also the various informal behaviors that are generally accepted by the entire group of employees. (Stress Management: Corporate Culture) Corporate Culture also refers to a company's basic values, business principles, its traditions and views, its various methods of operations, and its basic internal work environment. (Define corporate culture) When an individual wishes to learn about the corporate culture of a particular state, like for example, if he wanted to gather information about the basic work ethic and corporate culture in the United…...
mlaREFERENCES
"Corporate Culture: Auxillium West" Retrieved From
Accessed 20 August, 2005http://www.auxillium.com/culture.shtml
"Corporate Culture: Introduction" Retrieved From
http://career.ucsb.edu/students/corporatecult/undrstcorpcult.html
Without middle-class and upper-middle-class people out there to buy Harleys, there will not be any market for them, since the younger generation cannot afford them.
Conclusion
As can be seen from the SWOT analysis and other information regarding this company, it is struggling somewhat, but yet it is still very strong overall. Internal and external threats and opportunities seem to be about the same for Harley Davidson, and the internal threat of corporate culture problems can be worked on. However, the company also has good opportunities that it can take advantage of in its specific industry if it chooses to focus on these opportunities while still keeping a close eye on any problems that could appear and make it difficult for the company in the future -- particularly where culture and internal problems are concerned. All companies face competition issues, but if the company has too many internal problems and conflicts…...
mlaReferences
Caldwell, B. (1998). Harley shifts into high gear -- Harley Davidson turns to it to rev up production and tighten supply-chain links. InformationWeek, 55.
Helyar, J. (2002). Will Harley-Davidson hit the wall? Fortune 146, 120.
McIntyre, M.G. (2005). Secrets to winning at office politics.
Sui, C. (2006). Harleys face tough China road. Motoring.
Corporate Culture in Healthcare It
What actions support a strong corporate culture in healthcare IT?
According to a comprehensive review of the available literature on the topic of healthcare information technology (IT) in relation to corporate culture, the following areas are the most important to the ability of healthcare organizations to implement and maintain effective policies and procedures: management support, security awareness, security culture, and computer self-efficacy (Brady, 2010). More specifically, attention to each of these areas individually as well as within an integrated organizational culture-based approach correlates with beneficial security behaviors and the optimal effectiveness of IT security necessary to ensure HIPAA security compliance within contemporary healthcare organizations (Brady, 2010).
Meanwhile, another study from China (Chien-Ding, Ho, and Wei-Bin, 2011) suggests that even the most stringent policies and protocols within healthcare organizations may not be capable of ensuring full protection against unauthorized dissemination of protected health information in and of themselves. That…...
mlaReferences
Brady, James W. "An investigation of factors that affect HIPAA security compliance in academic medical centers." Dissertation in Healthcare IT Management. Nova Southeastern University, (2010); Document No. 3411810.
Chien-Ding Lee, Ho, K.I.-J., Wei-Bin, Lee. "A novel key management solution for reinforcing compliance with HIPAA privacy/security regulations." Information
Technology in Biomedicine, Vol. 15, No. 4; (2011).
The suggested list of references should contain the three books and two journal articles presented in the Literary eview section, but the writer is free to choose other materials, as long as they present the matter at hand in a clear and objective manner. The sources of information must be peer reviewed and cited using the Harvard citation style. In text quotations will be parenthetically quoted by stating the surname of the author, the year the work was written and the number of the page from where the quote or idea was retrieved. The sources will also be listed at the end of the paper, on a separate page and will be alphabetically listed. This requirement is valid for all sources of information, including books, articles, websites or other sources the writer might find necessary to use.
Once the literary review is complete, the writer will move on to analyzing…...
mlaReferences
Fairfield-Sonn, J.W., 2001, Corporate Culture and the Quality Organization, Quorum Books
Gainey, T.W., Kelley, D.E., Hill, J.A., 1999, Telecommuting's Impact on Corporate Culture and Individual Workers: Examining the Effect of Employee Isolation, SAM Advanced Management Journal, Volume 64
Oden, H.W., 1997, Managing Corporate Culture, Innovation and Intrapreneurship, Quorum Books
Singh, S., 2004, Market Orientation, Corporate Culture and Business Performance, Ashgate Publishing Limited
Culture
I decided to look at the corporate culture at BP, Chevron and ExxonMobil. The corporate culture at BP has come under fire for emphasizing cost-cutting over things like safety and the environment (Hays, 2013), so the company has had to take a look at how it defines its corporate culture. The company's culture splash page immediately talks about its donations to the arts, and history thereof in the UK. It is interesting that it echoes the same information about donating to a handful of high-visibility UK cultural institutions (because donating to the Tate offsets Deepwater Horizon, right). BP actually notes as a community achievement the fact that it pays tax -- over ?6bn in the UK in the past five years. Let that number marinate a bit, thinking about BP's revenues in that time.
Chevron's website talks a lot more about its corporate culture, "The Chevron Way." On this page, the…...
mlaReferences
Hays, K. (2013). BP fostered a culture that put cost-cutting over safety. Financial Post. Retrieved November 27, 2014 from http://business.financialpost.com/2013/02/26/bp-fostered-a-culture-that-put-cost-cutting-over-safety/
BP.com. (2014). Website, various pages. Retrieved November 27, 2014 from http://www.bp.com/en/global/corporate/about-bp/bp-worldwide/bp-united-kingdom/bp-in-the-community.html
Chevron (2014). Website, various pages. Retrieved November 27, 2014 from http://www.chevron.com/about/chevronway/
ExxonMobil. (2014) Corporate culture. ExxonMobil. Retrieved November 27, 2014 from http://www.exxonmobil.com/USA-English/HR/careers_us_andyou_culture.aspx
How do you design corporate social responsibility (CSR) efforts that are integrated with the business strategy? How do you measure social impact? How do you promote a corporate culture that embraces and supports your CSR strategy?
The CSR programs need to be run at a senior level, not passed off to a director or manager level. The social responsibility of an organization should be rightly placed in the head office. There, by example, and by direction, the CSR programs are almost automatically into the corporate culture of the company. (Gettler, 2007)
Companies, whether individually or together with other bodies and social groups, may promote an attitude favorable to the common good by using their distinctive competencies to find new solutions to social problems, by proposing business solutions as models applicable in other spheres of society, and by fostering individual and group initiative. (IESE usiness School, n.d.)
Corporate culture, as the basis for all…...
mlaBibliography
BPIR.com. (n.d.). Corporate Culture. Retrieved February 22, 2009, from Business performance improvement resource:
http://www.bpir.com/corporate-culture/menu-id-71.html
Forest L. Reinhardt, R.N. (2008, April). Corporate social responsibility. Retrieved February 22, 2009, from Resources for the future: http://www.rff.org/documents/RFF-DP-08-12.pdf
Gettler, L. (2007, June 8). Ten rules for corporate social responsibility. Retrieved February 22, 2009, from soxfirst.com: http://www.soxfirst.com/contributors.php
I will trust in my God and in the United States of America.
Sturkey pp).
In April 2001, two busses carrying eighty passengers arrived at the Officers Candidates School (Covington pp). They were students from one of the nation's premier business schools, the University of Pennsylvania's harton Business School, who had come to participate in a special leadership course where the future business leaders would gain first-hand knowledge of Marine Corps leadership principles (Covington pp). Troy Turner, a former Marine artillery officer and first year master's of business administration student, said, "e spend a lot of time in the classroom talking about leadership in school, this was a unique opportunity to show students what Marine Corps leadership is all about...This gives them a different perspective on the Marine culture and military leadership" (Covington pp). According to Sgt. Gary Smith, the students have come to learn how to handle leadership challenges in…...
mlaWorks Cited
Corps Values. (1998 April). Inc.com
Covington, James Sgt. (2001 April 27). Suits to BOOTS: Marines teach Corps' values to business students. MCB Quantico. Retrieved October 21, 2005 from http://www.usmc.mil/marinelink/mcn2000.nsf/lookup/200153161853
Sturkey, Marion F. (2001). Warrior Culture of the U.S. Marines. Heritage Press.
Retrieved October 21, 2005 at http://www.usmcpress.com/heritage/corp_values.htm
The stock's growth is likely to level off and stagnate, remaining at or near its year-to-date average of $33, with industry developments and responses from chief rivals like Delta and Southwest causing a readjustment which removes any post-merger gains. The fact remains that operating a national airline carrier is a game defined by the slimmest of margins, and any unforeseen circumstances involving the cost of fuel, national security or a litany of similar concerns can conspire to sink AAL's stock in a manner similar to the demise of U.S. Airways.
orks Cited
Daily Finance Staff. "After Market: Stocks Get a Little Lift as the New American Airlines Takes
Off." Daily Finance. 09 Dec 2013: n. page. eb. 25 Feb. 2014.
.
Gallo, Carmine. "Southwest Airlines Motivates Its Employees ith A Purpose Bigger Than A
Paycheck." Forbes 21 Jan. 2014: eb.
Isidore, Chris, and Gregory allace. "American Air back on all Street." CNNMoney. 09 Dec
2013: n. page.…...
mlaWorks Cited
Daily Finance Staff. "After Market: Stocks Get a Little Lift as the New American Airlines Takes
Off." Daily Finance. 09 Dec 2013: n. page. Web. 25 Feb. 2014.
.
Gallo, Carmine. "Southwest Airlines Motivates Its Employees With A Purpose Bigger Than A
While there will be high costs associated with past actions, the company is going to have less influence over these costs than it can have with respect to its present and future actions. In other words, the biggest negative variable comes from the damage that will be done by this going public. Sears needs to contain that damage. They need to break the story to the media, and they need to appear to be cooperating fully with the authorities. They need to recommit themselves publicly to the best interest of their customers especially. The company needs to appear to be proactive in dealing with this issue, in order to minimize the negative elements of the publicity. The CEO must take a public leadership role so that it is understood how serious they are taking the issue.
The third element of the solution is that Sears needs to devise a legal…...
Costco
Programs, Budgets and Procedures
Costco's approach to financial improvement will come in the form of a two-pronged strategy. The first is to increase inventory turnover, and the second will come in the form of increasing market share. Inventory turnover is a standard ratio that refers to "how many times a company's inventory is sold and replaced over a period of time," ("Inventory Turnover," (n.d.). Increasing market share usually depends on a multifaceted process that includes "innovation, strengthening customer relationships, smart hiring practices and acquiring competitors," (Investopedia, 2015).
While it is understood that Costco has exceptional inventory turnover rates, improving these will shorten the cash conversion cycle, and thus have a positive impact on the company's bottom line. There are two potential approaches to lowering the inventory turnover rate. The first is that the company can open more stores and seek to reduce the amount of days' inventory in each store, thereby spreading…...
mlaReferences
Ingram, D. (n.d.). What Are the Seven Internal Control Procedures in Accounting? Chronicle. Retrieved online: http://smallbusiness.chron.com/seven-internal-control-procedures-accounting-76070.html
"Inventory Turnover," (n.d.). Investopedia. Retrieved online: http://www.investopedia.com/terms/i/inventoryturnover.asp
Investopedia (2015). What strategies do companies employ to increase market share?
Retrieved online: http://www.investopedia.com/ask/answers/031815/what-strategies-do-companies-employ-increase-market-share.asp
Honeywell's organizational culture emphasizes attention to detail as part of the firm's commitment to excellence, growth, and consumer satisfaction. There are four pillars to Honeywell's organizational culture and the first and foremost is the one that focuses squarely on the employee's need to pay close attention to everything that he or she is expected to do. This includes having leaders who are able to adapt across cultures and be responsive to the complex needs of others who live and work outside the immediate circumference in which the director, leader, manager or lower-level employee is used to operating in (Kelley, 2016, p. 213). This paper will describe how Honeywell's culture and commitment to attention to detail has paid off for the company over recent years, as the firm has succeeded in boosting net income to more than $6.5 billion in the most recent fiscal year (Honeywell Annual Report, 2016).
Organizational culture is…...
Schien (1999) the Corporate Culture Survival Guide
Culture content and surviving in the external environment
Mission, Strategy and Goals
Development of assumptions
Sense of mission and identity
Cultural moral of story: Acquisition strategy has to fit existing culture
Over organizational history learning by organization of effective
Complexity of Cultural Analysis due to shared mission and strategic intent
F. Variations in unit organization to achieve mission and strategy
G. Error-detection systems in the organization
F. Actions when discovering important goals are not being met
G. Variation among organizational parts in measure and actions to take on results
New Leaders in the Organization
Organizational culture
Destroy existing culture by ridding organization of key culture carriers;
B. Fight existing culture by forcing their own beliefs, values and assumption on the members of the organization.
C. Cave in to the existing culture abandoning their own beliefs, values and assumptions.
D. Evoke the culture by at first adapting long enough to understands how to get things accomplished and imposition of new…...
Harvard Business Review has some of the best in-depth reviews of individual companies and may offer you some of the information that you seek about an individual Fortune 500 company’s culture. You could start by looking at individual aspects of what is considered part of successful corporate culture and then look for articles or essays about those different facets of corporate culture, which could be a spring-board for an in-depth analysis.
If we were looking at a Fortune 500 company and wanted to find a source of an in-depth look at its corporate culture, we would search for....
Due diligence refers to the process of doing a proper investigation into something before taking an action. Due diligence can have applications in a number of different contexts, but is most often discussed in the context of some type of business deal, when a person or organization has to make a decision about whether or not to enter into some type of business relationship (usually an investment relationship) with another type of person or organization. Due diligence can be as simple as studying publicly available information to determine whether or not to purchase a stock....
There are a number of topics you could research if you need to discuss how diversity or inclusion impacts corporate culture. It is one of the most relevant topics for the modern workplace and it impacts corporations in a number of ways. There is no doubt that corporations have been trying to become more inclusive and increase their diversity. We have compiled a list of 10 potential topics and titles you could use for an essay on those broad topics.
1. The role of internal capital markets in corporate finance and investment decisions
2. How internal capital markets can affect the financial performance and risk management of a firm
3. The impact of internal capital markets on corporate governance and decision-making processes
4. The advantages and disadvantages of using internal capital markets within a firm
5. Case studies of companies that have successfully utilized internal capital markets to achieve strategic objectives
6. The relationship between internal and external capital markets and how they interact within a firm
7. The role of information asymmetry in internal capital markets and its implications for decision-making
8. The impact of globalization....
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