Question

Provide an example of corporate culture.

Answer 1

Corporate culture is nothing but the collection of assumptions, values and beliefs which gives the clear picture to people as how to behave in organization. These shared assumptions, values and beliefs influence the people in the organization to depict right kind of behavior in order to perform their jobs better.

Example - Walmart is an organization which respect and values diversity. The employees have unique ideas, styles, experiences and opinion and the organization is inclusive of all people. They believe that inclusion is the important aspect that promotes growth of business because if everyone is included then everyone wins. About 43% managers in Walmart are women. This helps in creating strong culture as employees will be highly motivated and exhibit highest level of performance.