Definition of organisational culture and why is it important?
Definition organisational culture:
Organizational culture includes the values, expectations, and practices that guide and inform the actions of all team workers. It can be thought of as a collection of traits that create your business and what it is. A positive impact that exemplifies is a trait that has a great culture, that leads to improved performance. While a dysfunctional business culture can take out qualities that can hinder even the most successful companies.
Culture is made through a consistent process and authentic behaviours, it is not, however, created by press releases or policy documents. Organisational culture can be confused with organisational goals or a mission statement, even though these do define a business.
Importance of organisational culture:
- Organisational culture helps define your business’s internal and external identity.
- The benefit of a strong organisational culture can assist you to keep on your best-performing workers.
- It can help transform your organisation into a team.
- A culture of an organisation impacts performance and the well-being of employees.