Extract of the chapter on Corporate Culture
What is corporate culture?”
Culture in an organisation is basically composed of:
(a) Shared values: important concerns and goals that are shared by most of the people in a group, that tend to shape group behaviour, and that often persist over time even with changes in group memberships.
(b) Group behaviour norms: common or pervasive ways of acting that are found in a group and that persist because group members tend to behave in ways that teach these practices to new members, rewarding those that fit in and sanctioning those that do not.