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The Importance of Corporate Culture To Various Stakeholders

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Why should corporate culture and the potential of ethical and legal issues be of concern to a job candidate? Current employees? Managers? The community? Will different aspects of the corporate culture and potential ethical and legal issues be of more importance to the various stakeholders? Provide examples to defend your thoughts.

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Solution Summary

Corporate culture is the "the ways we do things here". It is the way leaders relate to employees, how people are expected to behave. Whether they document it or not, every organization has a culture. Well run companies clearly state the Vision and/or Mission statement where they state their values and what they stand for.
Here is a basic definition of a Corporate Culture -"Organizational culture is the set of operating principles that determine how people behave within the context of the company. Underlying the observable behaviors of people are the beliefs, values, and assumptions that dictate their actions."

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What Is The Importance of Corporate Culture To Various Stakeholders?

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Why should corporate culture and the potential of ethical and legal issues be of concern to a job candidate? Current employees? Managers? The community? Will different aspects of the corporate culture and potential ethical and legal issues be of more importance to the various stakeholders? Provide examples to defend your thoughts.
Job Candidate
Corporate culture is the "the ways we do things here". It is the way leaders relate to employees, how people are expected to behave. Whether they document it or not, every organization has a culture. Well run companies clearly state the Vision and/or Mission statement where they state their values and what they stand for.
Here is a basic definition of a Corporate Culture -"Organizational culture is the set of operating principles that determine how people behave within the context of the company. Underlying the observable behaviors of people are the beliefs, values, and assumptions that dictate their actions."

Source -- "Matching People with Organizational Culture" PDF attached
It is vital for a job applicant to go to the website of the company they are considering joining and at a minimum look for these -
 Vision, Mission statement
 Corporate culture
 Code of Conduct
These are usually under "About Us", "Corporate Information" or "Corporate Governance" Make sure you find references to Ethics and Integrity If you find all three and are able to understand them and relate to them, this a good indication of a match between you and the company. You should also look at the company's most recent annual report to shareowners and find these items and look to see if there is consistency between what the company says on the website and in its annual report.
Now, you may want to go further and do news search on the company to see if the company was involved in any ethical problems.
Google's Corporate Culture
"Though growing rapidly, Google still maintains a small company feel. At the Googleplex headquarters almost everyone eats in the Google café (known as "Charlie's Place"), sitting at ...

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