How has organizational culture impacted companies?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter10: Organizational Structure And Change
Section: Chapter Questions
Problem 3CRQ: What is organizational design?
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How has organizational culture impacted companies?

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Organizational culture is the collective values, beliefs, norms and attitudes held by an organization’s members. It is the way of life of an organization that helps to define how they interact with each other, their customers, suppliers and other stakeholders. It is the “personality” that guides the behavior of the organization and its members. Culture has a tremendous impact on how a company performs and how it is perceived by the public. In this artical, we will explore how organizational culture has impacted companies in terms of employee engagement, performance, customer satisfaction and the bottom line.

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