Why is Culture important in business?
Culture in business, also known as organizational culture, is an ideal concept involved in an organizational, particularly in the field of management. Organizational culture often refers to the common values and beliefs shared by people and groups contained in certain particular business firm or institution. This type of culture is one governing technique that has the capacity to control and manage ethical, moral and legal issues that greatly affect the organization’s internal and external working conditions. Organizational culture extends from the organization’s values, norms, guidelines and even expectations. Organizational cultures vary from one type of business to another. There are cultures which make a strong impact to its people while others don’t pose any influence at all. Most often, weak cultures are those that have little coordination and alignment on how the business is managed. For strong cultures, there exists an equal distribution of work, leadership and management and a positive atmosphere is always reinforced.
It is important that an organizational culture is established and maintained in a professional environment primarily because it gives a strong foundation and stability to the company and its workers. Aside from building a great rapport, culture in business is important because it provides the entire business the opportunity to grow and stay intact. As far as it provides the employees to build relationships with one another, it also has the capacity to encourage employers to extend an extra mile and reach out to the employees. Organizational culture in a business is important because it is one influential tool that greatly contributes to the success of one company or business. Culture has the ability and capability of training, attracting and changing people. It allows most people to maintain a positive attitude towards self, others, works and life in general.