The Ethical Corporate Culture
The Ethical Corporate Culture
CORPORATE
CULTURE
BUSINESS ETHICS AND SOCIAL RESPONSILIBITY
Time to learn!
I. Introduction
II. The Corporate Culture
III. Functions Of The Corporate Culture
IV. Understanding corporate culture Primary goals
V. Ethical Leadership And Management
VI. Ethical Issues
among employees. In fact, corporate ethical culture has two main dimensions;
EXAMPL
•ESOracle
• T-Mobile
• Apple
• Cruise Automation
• PayPal
• Splunk
• Groupon
• JPMorgan
• Wayfair
• Lyft
There are companies that value work-life balance, so they
encourage employees to clock out at a certain time so they
can spend more time with their families or on personal
interests.
Dropbox
• is a file hosting service operated by the
American company Dropbox, Inc.,
headquartered in San Francisco, California,
U.S. that offers cloud storage, file
synchronization, personal cloud, and client
software.
EXAMPLES
Zappos
Zappos is an online shoe and clothing
retailer whose number one priority is
company culture. It places a strong
emphasis on cultural fit when hiring people,
and new employees are offered $2,000 if
they feel the job isn’t for them. One of
Zappos’ core values is to be adventurous,
creative, and open-minded. Even its
customer service representatives don’t have
to follow scripts or abide by time limits on
their calls. The only aim is to wow the
customers with creativity and presence of
mind. Check out the openings at Zappos.
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There are also companies with very traditional style of management
where employees are required to be in the office at a certain time and
are given disciplinary action if they are tardy for several times. This
only shows that different business organizations have their own unique
culture.
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Corporate ethical culture is the system of
shared actions, values, and beliefs that
develops within an organization and guides the
behaviour of its members.
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FUNCTIONS OF
THE CORPORATE
CULTURE
A company’s culture the thinking, behaviour, and decides of its
members according to the company’s beliefs and values.
According to Edgar H. Schein, Author of Organizational culture
and Leadership (2010), the two main reasons why culture
develops in organizations is because of:
External Adaptation Internal Integration
This requires the organizational culture to This starts with the establishment of
determine how the company will reach its goals an identity that is unique to the
accomplish its task, identify methods to
achieve its goals, and place measures to cope business organization. Members
with success or failure. external challenges, acquire this identity trough their
such as economic downturn, bad weather, interaction with each other. This
political issues, and government regulations enables the members to work in
that may affect how the company achieves its harmony
goals, will have to be dealt with in accordance
with the company's culture.
For example, if there is a delay in releasing the
company’s imported raw materials from
customs, what should the company do in order
to expedite the process?. The corporate culture
will determine the answer to this question.
Summary
Organizational culture determines how the company
will reach its goals, identify methods to achieve them,
and place measures to cope with external challenges.
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