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Organisational culture

  1. Organizational Culture Mr. Basavaraj M. Naik M.Com, UGC NET, KSET Teaching Assistant Department of Studies in Commerce Rani Channamma University Belagavi, Post-Graduate Centre, Jamkhandi
  2. Overview: • A great organizational culture is the key to developing the traits necessary for business success. • The key to a successful organization is to have a culture based on a strongly held and widely shared set of beliefs that are supported by strategy and structure. When an organization has a strong culture, three things happen: i) Employees know how top management wants them to respond to any situation, Ii)employees believe that the expected response is the proper one, and iii) employees know that they will be rewarded for demonstrating the organization's values.
  3. • Employers have a vital role in perpetuating a strong culture, starting with recruiting and selecting applicants who will share the organization's beliefs and thrive in that culture, developing orientation, training and performance management programs that outline and reinforce the organization's core values and ensuring that appropriate rewards and recognition go to employees who truly embody the values.
  4. What is organizational Culture? • Organizational culture is the collection of values, expectations, and practices that guide and inform the actions of all team members. Think of it as the collection of traits that make your company what it is. • A great culture exemplify positive traits that lead to improved performance, while a dysfunctional company culture brings out qualities that can hinder even the most successful organizations.
  5. Importance of Organizational Culture • Organizational culture affects all aspects of your business, from punctuality and tone to contract terms and employee benefits. When workplace culture aligns with your employees, they’re more likely to feel more comfortable, supported, and valued. Companies that prioritize culture can also weather difficult times and changes in the business environment and come out stronger.
  6. Here are some reasons why organizational culture is important: • Increased employee engagement - This motivates and inspires employees to be more engaged in their work duties and interactions with others. • Decreased turnover - People who feel valued and respected at a company are less likely to leave it. • Elevated productivity - organizational culture impacts the structure of a workplace in ways that bring people of the same skill set together. Those who share similar backgrounds and skills may work more quickly together when tackling company projects.
  7. • Strong brand identity- A company's organizational culture represents its public image and reputation. People make assumptions about businesses based on their interactions within and outside of the company. • Top performers - Companies that promote community in the workplace are more likely to retain their best employees. Organizational culture builds a high-performance culture that strengthens the work of people within the company, resulting in a positive employee experience overall.
  8. • Healthy team environment- Having a clear culture that unifies employees and promotes organized work structures helps people work together with purpose. • Focus on learning and development - Training initiatives, coaching, and providing employees with new responsibilities are all great ways to show your team that you’re invested in their success. •
  9. How to improve organizational culture ? • If you're in a leadership position at work, follow these steps to ensure your team achieves success in the workplace: • Communicate well • Listen to concerns and ideas • Provide feedback • Be consistent