Organisational culture
Organisational culture is defined as the collective values, beliefs, norms, and practices with which employees engage and cooperate in a firm.It defines decision-making, employee behaviour and the overall work environment, which has direct effects on growth and employee satisfaction.
Note: ‘Organisational culture’ is a wider term that is used to define what that company is, whereas ‘work culture’ is the daily experience of the company culture that employees go through.
Examples
Example 1: The organisational culture of innovation provided employees with a lot of creative ideas because no one was afraid of failure by way of a strong organisational culture of innovation.
Example 2: Retention rates tend to increase in companies which have an inclusive organisational culture.
Example 3: Stagnant organisational culture may not favour teamwork and lead to decreased overall flexibility.
Synonyms
- Corporate Culture
- Company Values
- Organisational Environment
- Business Culture
- Workplace Ethos