This document discusses corporate culture, problems associated with corporate culture, and solutions to those problems. It defines corporate culture as the shared beliefs, values, and norms that characterize a company. Common problems with corporate culture include a lack of access to company culture for new employees, generation gaps between older and younger workers, changes in traditional work patterns, and a disconnect between company founders' values and current leadership. Suggested solutions include motivating workers, familiarizing all employees with company culture, and company leaders taking a more active role in shaping culture. The document also discusses why corporate culture should be a board-level responsibility and provides data showing the relationship between positive corporate culture and improved performance and productivity.
This document discusses corporate culture, problems associated with corporate culture, and solutions to those problems. It defines corporate culture as the shared beliefs, values, and norms that characterize a company. Common problems with corporate culture include a lack of access to company culture for new employees, generation gaps between older and younger workers, changes in traditional work patterns, and a disconnect between company founders' values and current leadership. Suggested solutions include motivating workers, familiarizing all employees with company culture, and company leaders taking a more active role in shaping culture. The document also discusses why corporate culture should be a board-level responsibility and provides data showing the relationship between positive corporate culture and improved performance and productivity.
This document discusses corporate culture, problems associated with corporate culture, and solutions to those problems. It defines corporate culture as the shared beliefs, values, and norms that characterize a company. Common problems with corporate culture include a lack of access to company culture for new employees, generation gaps between older and younger workers, changes in traditional work patterns, and a disconnect between company founders' values and current leadership. Suggested solutions include motivating workers, familiarizing all employees with company culture, and company leaders taking a more active role in shaping culture. The document also discusses why corporate culture should be a board-level responsibility and provides data showing the relationship between positive corporate culture and improved performance and productivity.
Is there a problem associated with it? What are possible solutions to the problem? Definition
Corporate culture is the shared beliefs, values, beliefs and norms
that characterize the company and are followed by members of the company. Culture provides a common frame of reference for company members that can be used to interpret events and facts in the company's environment. Corporate Culture Problem
01 Lack of access 02 Generation gap
Changes in traditional Company Founder
03 work patterns 04 (Founder) Solutions Corporate Solutions Corporate Culture Culture Problem Problem
Motivate workers Familiarization of Company leaders
company culture on are more active in employees and building a good company leaders corporate culture Why Corporate Culture is a Board Responsibility?
● Corporate boards tend to focus their meetings on
“the hard stuff:” compliance, budgets, risk management, financing, CEO succession planning. Not surprisingly, putting company culture onto the board’s agenda can be difficult. Boards may feel that it is not their responsibility or that it is something that should be addressed at the C-suite level. Data Corporate Culture and Performance
Consider the following data from John P. Kotter and James L.
Heskett’s Corporate Culture and Performance A positive and open culture leads to lower employee turnover and a better work ethic. It also attracts higher quality applicants and drives productivity and innovation. But the obverse is also true: McKinsey recognized several years ago that 70% of their recommendations weren’t being implemented due to corporate cultural barriers. Thanks!
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