5 Factors That Affect Corporate Culture
Corporate culture is a vital aspect of any organisation, as it is based on the shared beliefs and values in the organisation. Through shared goals, any organisation can succeed through their corporate culture. There are 5 factors that influence and affect the corporate culture of any organisation.
The 5 factors that affect corporate culture:
- The individuals in the workplace.
Corporate culture is impacted by the individuals in the workplace, as they have their own unique way of contributing to the corporate culture. The mentality and attitude of the individual impacts the thought process of the individuals in the organisation. The interests and perceptions of the individual aids in how their work is influenced, as they have a certain mind-set that allows them to follow strict guidelines that are needed in an organisation. Even the sex of the individual dictates if the culture is more aggressive or soft-hearted. The individuals in the organisation influence the corporate culture through healthy competition, their mind-sets, and their sex to ensure a unique culture for any organisation.
2. The nature of the organisation.
Each organisation is unique and with each unique organisation there is a unique corporate culture. Corporate culture is also affected in the industry that the organisation is placed. Management and individuals base their careers in an industry, and the industry and market influence how their career growth is estimated. The industry and market influences the corporate culture as it determines how secure the individuals’ jobs are. The nature of the organisation determines the security that the individual feels, and it alters the corporate culture in the long run.
3. The objectives and goals of the organisation.
Corporate culture is impacted by the shared goals and objectives in the organisation. The desire to achieve targets and utilize effective strategies contribute to the corporate culture. Individuals strive to achieve success and align their goals with the organisation to enhance the possibilities of success for everyone. Corporate culture is influenced by the objectives of the organisation and if the goals are reached in time to ensure success.
4. The management style of the organisation.
Management and their management style is a key factor that influences the corporate culture in an organisation. The management style aids the individuals and their choices in the organisation. Management and their style offers individuals a chance to create a corporate culture that aids them in the long term. Corporate culture is based on respect in the organisation and the management can influence it through their management style.
5. The external forces of the organisation.
External forces affect the corporate culture to an extent. Global organisations have to adapt their culture to fit the needs of their clients, it also means that individuals have to adapt to different time zones to ensure that all objectives are met. Through the adaption of processes, a unique corporate culture is created to ensure successful business operations and happy individuals in the organisation.
Corporate culture is the key factor that can lead to the success or failure in any organisation. These factors alter the creation and outcome of a corporate culture in any organisation. Corporate culture is impacted by the individual in the organisation and the management style that guides them. The nature of the organisation and the external factors such as clients and their objectives influence the corporate culture in any organisation.