BADM 4312 Lecture Notes - Lecture 1: Hobby Lobby
Document Summary
Corporate culture: the right strategies and methods gives energy, the right strategies and methods builds people up, the set of individual behaviors, walmart has a belief in low prices. It makes more sense to take control of a situation, not the person: (obby lobby"s culture is to have employees take off every sunday for religious regions. Informal versus formal rules: open thinking versus closed thinking, results coming through, warning systems, the way that infraction systems are made, relaxed versus strict culture. 1: values of how to work, thinking smart, or working physically hard, acting right away to gain a deal, or letting it sit a while, whether leaders get promoted or managers. Corporation reviews of employees: based on performance standards, based on customer standards, can be at the end of the year or quarterly, often based on materials usage, attendance policy, and adherence to respectful code of conduct reviews.
