Corporate Culture refers to "the way we do things around here".
It also refers to the "widely shared philosophy" in an organization.
The diagram below shows the components of a corpoarte culture.
Culture Characterizations
There are atleast three kinds of organizational cultures, namely Hero Based Cultures, Family Based Cultures and Enterpreneurial Cultures.
Their differences are as follows:
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Hero Based Culture |
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Family Based Cultures |
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Enterpreneurial Cultures |
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"Power-Distance Cultures" versus "Empowered Cultures"
Power-distance cultures' attributes would typically include:
- where there is power and distance between the higher and lower members of the organization
- characterized as masculine
- management via hierarchy and supervision
- very controlled culture
- individuals are not encouraged to be entrepreneurial or innovative
- individuals share power
- characterized as feminine
- sense of responsibility and involvement among members
- decision making across the organization not just on top
- knowledge sharing philosophy
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