Monday, December 23, 2019

Organizational Culture And Performance By Kotter And Heskett

Organisational culture refers to a diverse system of shared values, principles and behaviors that influence the behavior of employees in organisations. Organisations exist to achieve certain goals, ranging from profits and reputation to efficient work practices and an efficient working environment. The culture of an organisation has a strong influence on employee behavior and organisational performance and is therefore the catalyst which determines the success or failure of an organisation. As stated by Kotter and Heskett in their book ‘Corporate Culture and Performance’ â€Å"strong corporate cultures that facilitate adaptation to a changing world are associated with strong financial results† (2015). The true value of a company is no longer determined by looking through financial statements. In the 21st century, a strong organisational culture is viewed as an intangible asset through its ability to improve performance and the success of the organisation. However, in an organisation with a weak organisational culture, it can be viewed as a liability that possesses the potential to hinder business performance and success. There are three levels of organisational culture that enforce its presence. The first layer of organisational culture refers to that of assumptions. Assumptions are usually taken for granted yet reflect beliefs about desires, practices and reality. They are the fundamental components on how an employee determines the right behavior and feels about his job andShow MoreRelatedOrganizational Culture And Human Behavior1323 Words   |  6 Pages2014). A major factor of a project’s success is the behavior of the employees. Employee behavior is influenced by organizational culture and leadership. This paper will briefly explore the influence organizational culture and human behavior have on the success of projects, in particular projects plagued with conflict. First, this paper will discuss the influences organizational culture has on the success of projects. Secondly, the role project leadership plays in the success of projects and how projectRead MoreLiterature Review on Corporate Culture1878 Words   |  8 PagesManagement Literature Review â€Å"During the 1980s the concept of corporate culture captured the imagination of management researchers and practitioners alike. In particular, Peters and Waterman’s (1982) book entitled In Search of Excellence: Lessons from America’s Best-Run Companies proclaimed that the key to corporate success was a strongly unified corporate culture.† Wilson (1996:87) Corporate culture has always been a part of every business since it was first introduced in the 1980’s. It doesn’tRead MoreThe Effects Of Managerial Strategies On Organizational Efficiency1924 Words   |  8 PagesStrategies on Organizational Efficiency Mary Curran, Shannon, Gasper, Rexford Sirmans PAD3003 Spring 2016 Group Project The need for administration and management to focus on managerial strategies is paramount within an organization. The potential impact these strategies may have on an organization are extraordinary. Managerial strategies and organizational cultures impact decision making and organizational performance. Management strategies shape and define organizational culture, which inRead MoreThe Current Business Environment Is Characterized By Hyper Competition3248 Words   |  13 Pageswith internal and external organizational constraints. There are also the issues of globalization, government regulations, advances in technology together with an ever changing customer needs and requirements. Creating and sustaining competitive advantage have thus become a major business challenge (Schein, 1992). Corporate or organisational culture that fits the business environment enables competitive advantage as an organization benefits from its culture. Corporate culture could also be related toRead MoreThe Impact Of Japanese Culture On Corporate Culture792 Words   |  4 PagesIn the early 1980s the term â€Å"corporate culture† was developed and broadly known by the 1990s. The trend began with two books that examined the challenges that Japan posed for American industry, Theory Z (Ouchi 1981) and The Art of Japanese Management (Pascale and Athos 1981). The trend continued with two books that concentrated closely on American industry, Corporate Cultures (Deal and Kennedy 1982) and The Change Masters (Kanter 1983), and surpass to perhaps the book that best exemplifies thisRead MoreMarket Based Management1727 Words   |  7 PagesGrade on Assignment: Instructors Comments: Introduction The Market-Based Management philosophy was developed by Charles Koch 25 years ago while working in Koch Industries. The basic idea of the Market Based Management rely in improve organizational performance and profitability by applying free market principles by allowing employees to act on their own knowledge. Also, MBM allows organizations to evaluate the tools of total quality management and other ideas in order to mobilize the knowledgeRead MoreTo What Extent Can Organisational Culture Be Managed? Is It Critical to Organisational Success?3488 Words   |  14 PagesTo what extent can organisational culture be managed? Is organisational culture critical to the success of an organisation? Peter Anthony (1994) asserts that the pursuit of change in a cultural sense has been considered synonymous with the pursuit of excellence for organisations. It is true that a wide variety of management practitioners view the control of organisational culture as something both possible and necessary for organisational success (Brown 1993). A survey of organisational practicesRead MoreDialogue As A Form Of Communication1073 Words   |  5 Pages (William Isaacs, past director, MIT’s Dialogue Project) The work dialogue stems from the Greek roots ‘dia’ and ‘logos’ which means â€Å"through meaning†. Dialogue serve as a great part in bringing a drastic change in the organisational culture of the companies on my levels. David Bohm s (1996) popular book, On Dialogue, defines dialogue as a form of communication from which something new emerges; participants must evidence a relaxed, non-judgmental curiosity, with the aim of seeing thingsRead MoreThe Importance of Corporate Culture in International Market5157 Words   |  21 PagesPaschaloudis-Haidos-Pantelidis- Anastasiadou-Dapis, 656-667 â€Å"The Importance of Corporate Culture in International Market: The case of Procter Gamble† Dr D. Paschaloudis, K.Anastasiadou Technological Educational Institute of Serres Department of Business Administration, Greece dim@teiser.gr, ak@teiser.gr S. Haidos University of Sunderland, Business School U.K stefhai80@yahoo.gr Dr P. Pantelidis Technological Educational Institute of Serres Department of Business Administration, Greece pantelidis@cRead MoreA New Way Of Looking At Employee s Job Attitudes Or Behaviors1304 Words   |  6 Pagesachievers in need quality since managers and leaders who are diverse to expanding their development won t understand any physiological responsibilities. (Greenberg Baron 2003, p195). Furthermore, Influence over power is indispensably vital to the organizational character. Having power implies more grounded employer stability and better monetary rewards, and having the capacity to impact others all the more effortlessly and perform out one s occupation all the more practical (Magee Galinsky 2008).

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.