1. What is corporate culture?
2. Why is it important for companies to assess its impact on their current functioning?
Excellent question! Let's take a closer look! I also attached three excellent articles to expand on their response, some of which this response is drawn.
1. What is corporate culture and why is it important for companies to assess its impact on their current functioning?
Corporate culture is the personality of the organization. All companies have a unique mission and values system. "These encourage certain types of behavior, such as independence, initiative or team spirit," explains Louise Rondeau, a human resources consultant and course conductor in management at Université Laval (http://career.jobboom.com/survival-guide/starting-new-job/2007/10/17/4583496-je.html). It how people think and act, as well as the attitudes and values they hold. It is also the visible aspects, like dress codes, rules and regulations and the likes.
In other words, corporate culture can be looked at as a system: "Inputs include feedback from, e.g., society, professions, laws, stories, heroes, values on competition or service, etc. The process is based on our assumptions, values and norms, e.g., our values on money, time, facilities, space and people. Outputs or effects of our culture are, e.g., organizational behaviors, technologies, strategies, image, products, services, appearance, etc" ...
By example and discussion, this solution overviews corporate culture, as well as why it is important for companies to assess its impact on their current functioning. Supplemented with three infromative articles on corporate and organization culture.