Corporate culture is now widely recognized as one of the main pillars for any company’s success. In fact, most now agree that culture eats corporate strategy for breakfast. There exist now four generally accepted attributes of this culture. One of them is a shared or group phenomenon. Another is that this culture is pervasive, throughout the organization. It is also enduring for long. A lot of the practices are implicit, rather than forever, loudly mentioned. Eight distinct culture styles have also been identified. These styles have been categorized on the basis of people interactions and their response to changes. One of them is the Learning style as followed by Tesla, while another is Purpose, as exemplified by Whole Foods. Disney follows the Caring approach, while SEC maintains Order. The firth style is Safety, which the Lloyd’s of London have perfected. Yet another is Authority, whose best example is Huawei. Results- oriented is GSK while Zappos values talent management of the personnel, with the style being considered Enjoyment. There exists a deep link between the culture and the outcomes derived.

Source:https://hbr.org/2018/01/the-culture-factor#the-leaders-guide-to-corporate-culture

Uploaded: 12th December 2019