Business Culture....and why it's Important
Every business has a culture…. whether it’s good or bad. Culture illustrates the accepted norms and values and traditional behavior of a group. In other words culture can be defined as an evolving set of collective beliefs, values and attitudes.
Culture is a key component in business and has an impact on the strategic direction of business. Culture can influence management decisions and all business functions from accounting to sales. Business culture is its own unique dimension that includes getting off on the right foot, meetings, negotiation, formalities, social media use, co-worker interactions , etc.
Business culture is related to behavior, ethics, etiquette and more. A business culture will encompass as organization’s values, visions, working style, beliefs and habits.
The hardest thing to understand about culture is that it cannot be dictated or stated. Words on a piece of paper or painted on a wall aren’t culture but merely a suggestion of the desired type of culture. Culture is created through words and action. Culture is perceived and felt. Culture is living and breathing.
Culture is an important aspect of business. If a company has a ‘bad’ culture, then hiring is affected, productivity can stall and overall happiness of the team is impacted. On the other hand, a god culture creates an environment of helping, caring, sharing and growth.
Which does your company possess?