In: Economics
Identify a company or organization you regularly interact with (this can be your workplace, a retail store you frequently visit, the college you attend, the religious establishment you go to, etc.). Then respond to the following questions:
1-Suppose you want to design the best company on earth to work for.
-What would it be like ? For three years we have been investigating this question by asking hundreds of executives in surveys and in seminars all over the world to describe their ideal organization.
-This mission arose from our research into the relationship between authenticity and effective leadership. Simply pur, people will not follow a leader the feel is inauthentic. But the executives we questioned made it clear that to be authentic, they needed to work for an authentic organization.
2-Seven Ways to make your company the best place to work-
1- Communicate and appreciate workers.
2- Learn to teach.
3- Collaborate across departments.
4- Encourage an environment of acceptance.
5- Focus on employee development.
6- Inspire a culture of self- awareness.
7- Improve employee independence.
1-Organizational culture can be defined as the group norms,values, beliefs and assumptions practiced in an organization. It brings stability and control within the firm. The organization is more stable and its objective can be understood more clearly.
-Organizational culture helps the group members to resolve their differences, overcome the barriers and also helps them in trackling risks.
-Elements of Organizational Culture-
1- Visible elements- these elements are seen by the outer world.
Example- dress code, activities, setup etc.
2- Invisible elements- these inner elements of the group cannot be seen by people outside the group or firm.
Example, values, norms , assumptions, etc.
3-Stories- stories regarding the history of fhe firm , or founder.
4-Rituals- precise practices an organization follows as an habit.
5-Symbol- the logo or signature or thr style statement of a company.
6-Language- a common language that can be followed by all, like English.
7-Practice- discipline, daily routine or say the tight schedule everyone follows without any failure.
8-Values and norms- the idea over which a company is based or the thought of the firm is considered as its value and the condition to adopt them are called norms.
9-Assumptions- It means we consider something to be true without any facts . Assumptions can be used as the standard of working ,means the employees prepare themselves to remain above standard.
2-Changing an organization's culture is one of the most difficult leadership challenges. That's because an organization's culture comprises an interlocking set of goals , roles, processes, values communications, practices, attitudes and assumptions.
-6 Reasons Cultures Changes -
1-A New CEO.
2-A Merger or Acquisition .
3- A spin - off from a parent company.
4-Changing Customer requirements.
5-A disruptive change in the market the company serves.
6- Globalization .
-Example-
-As the hipster example illustrates, culture is always evolving .culture change when something new( say, railroads or smartphones) opens up new ways of living and when new ideas enter a culture ( say , as a result of travel or globalization .