Corporate Culture (VCE SSCE Business Management): Flashcards
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Practise the cards
10 cards from this deck
Corporate culture definition
Corporate culture definition
Shared values and beliefs of people within a business
Drucker's quote: 'culture eats strategy for...'
Drucker's quote: 'culture eats strategy for...'
breakfast - culture determines if strategy succeeds
Observable elements of corporate culture
Observable elements of corporate culture
Visible aspects: language, symbols, dress, office layout
Official corporate culture
Official corporate culture
Formal, written expression of what business wants to be
Mission statement purpose
Mission statement purpose
Defines fundamental purpose - why business exists
Vision statement purpose
Vision statement purpose
Sets out aspirations and future goals of business
Delayering meaning
Delayering meaning
Removing layers of management to create flatter structures
Participative management style
Participative management style
Managers involve employees in decision-making actively
Diversity in workplace
Diversity in workplace
Human characteristics making people different from each other
Work-life balance
Work-life balance
Relationship between work and personal life commitments