BUS 272 Chapter 14: Ch14 Organizational Culture

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 272
• Professor: Sam Thiara

Document Summary

Organizational culture consists of the values and assumptions shared within an organization. It defines what is important and unimportant in the company and, consequently, directs everyone on the organization toward the right way of doing things. Culture is a system of shared meanings, including the assumptions vales and beliefs of the organizational members. Organizational culture consists of shared values and assumptions. Values are stable, evaluative beliefs that guide our preferences for outcomes or courses of action in a variety of situations. They are conscious perceptions about what is good or bad, right or wrong. On the context of organizational culture, values are discussed as shared values, which are values the people within that organization or work unit have in common and place neat the top of their hierarchy of values. Organizational culture also consists of share assumptions a deeper element that some experts believe is the essence of corporate culture.