Question

In: Finance

What are recommended by the Code that a company’s culture should promote? (4 marks) Discuss the...

  1. What are recommended by the Code that a company’s culture should promote? Discuss the trend of FTSE350 firms on reporting their business culture and values, and specifically the trend of company chairs discussing culture and values in the annual report.

Solutions

Expert Solution

Think of Culture code as the employee handbook that specifically explains company culture. It shoy include

-mission statement

-core values

-how to work and line by your values

-any companies traditions

- any additional showed beliefs

Following are some recommendations by the code which are beneficial in promoting company's culture:

1) Celebrate values Alignment through actions- Culture flows from true values; what the company spends time and money on celebrate team member action embody company rules

2) Celebrate traditio- Look for opportunities to create "rites of passage" fornew employees, stimulate healthy competition, award prizes and celebrate major accomplishments. These things are give company personality and what people go home and talking about

3) Hold virtual meeting-Virtual meeting is a tool of choice. Through virtual meeting we can go through aur sales an next step as video address

4) Connect at morning meeting- meeting can be a mandatory part of everyday. In meeting there can be planning of that day, Employees can also for queries and resolved. It is a refreshing way to start a day

5)Send encouraging emails- As a owner, a mail should be written to the employee for his/ her achievement . These encouraging words can boost the productivity of the employee


Related Solutions

For Starbucks what is a recommended action they should implement? Be sure to justify and discuss...
For Starbucks what is a recommended action they should implement? Be sure to justify and discuss the positive and negative effects. What is the step by step procedure of how to implement the recommended action for Starbucks?
What does it mean to Discuss your recommended level of product “responsiveness.”?
What does it mean to Discuss your recommended level of product “responsiveness.”?
Case study 4- UPS in India - Time to Shift Gears Describe the company’s organizational culture...
Case study 4- UPS in India - Time to Shift Gears Describe the company’s organizational culture and present evidence from the case to support your opinion. At a minimum, include discussion about the company’s values, norms and artifacts, as it relates to their culture.
Should an algorithm tell companies who to promote to senior management roles? What considerations should HR...
Should an algorithm tell companies who to promote to senior management roles? What considerations should HR managers keep in mind as they use ‘big data’ in their leadership development planning?
Topic: Should Eminent Domain Be Used to promote Private Development? Please explain in 4-5 paragraphs with...
Topic: Should Eminent Domain Be Used to promote Private Development? Please explain in 4-5 paragraphs with no plaigiarism
What should governments at the state and local levels do to promote economic development?
What should governments at the state and local levels do to promote economic development?
How does a tourism destination determine what to promote and to whom it should be promoted?
How does a tourism destination determine what to promote and to whom it should be promoted?
. Describe what is meant by a company’s code of ethics. . What is does stakeholder...
. Describe what is meant by a company’s code of ethics. . What is does stakeholder theory say that social responsibility means? . What is sustainability? What does it purport? . What is green marketing and why do you think is it important? . What is cause-related marketing? Why is it popular in business today?
What are the primary challenges for interoperability? Discuss an organization that is working to promote interoperability...
What are the primary challenges for interoperability? Discuss an organization that is working to promote interoperability within the clinical environment. Describe one of their initiatives, its benefits and challenge, and its impact on the delivery of care.
(c) Discuss the importance of the Ghana Stock Exchange to the economy. (4 marks)
(c) Discuss the importance of the Ghana Stock Exchange to the economy.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT