Wednesday, January 1, 2020

The Business And Organizational Culture - 1579 Words

While most acquisitions have been branded unsuccessful, most of these acquisitions fail to consider vital elements that influence performance. Success of any given acquisition is the ability of the acquisition to effectively integrate with existing business units to generate a seamless flow of information and sharing of tasks in a manner that maximizes the use of resources. One critical element that determines the success of the alliance is a business and organizational culture. Interestingly, the case of acquisitions does not simply combine the strengths, competitive advantages, and benefits that individual company has into greater ones. In fact, many mergers and acquisitions end in the raising weaknesses and business slow down (Stahl Mendenhall, 2005). This is because acquisitions involve the combination of business and organizational cultures, which could potentially lead to clashes in internal business processes slowing down the company’s operations. The element of organizational culture has to be put into consideration relative to four other elements; product innovation, economies of scale, market share and branding (Finkelstein Cooper, 2013). The acquisition of Gillette by PG is one of the best cases that highlights the importance of developing synergies culturally within potential alliance partners. This acquisition took place in 2005 and was heralded by many financial analysts as â€Å"a dream marriage†. However, the two companies were adrift culturally than it hadShow MoreRelatedConcept Of Culture For Organizational Business1519 Words   |  7 Pagesof culture for organizational business, we first must identify the two theories of culture theory and organizational theory. Diving into these two theories, we will review in detail of how each impact a family-owned business and how the effectiveness of the management and leadership summarize the culture of the business while evaluating the different purposes about the nature of culture and the organization business. The evaluation will require a reflection on the concept of culture; â€Å"Culture isRead MoreOrganizational Culture : Business Practices1011 Words   |  5 Pages Does Organisational Culture Shape Ethical Business Practices? U5009333 Sarah Zuiderduin 14/10/2014 â€Æ' Introduction Organisation culture can be described as the beliefs, customs, value systems and behavioural norms and ways of doing business that are unique to each corporation. The impact of organisational culture on the ethical standards and moral practices of people in organisations has become increasingly common (Fisse Braithwaite, 1983). Managers within organisationsRead MoreThe Business Structure And Organizational Culture1228 Words   |  5 Pagesthe company in the way of decision-making that affect their path. ASDA does this through its mission, values, purpose, structure and culture. These statements are planned to assist stakeholders interpret the direction in which the company is heading. In this written report I m going to approach the purpose and objectives, the business structure, organisational culture and this three topics affect in supporting equality and diversity within this organisation. Explaining how performance management systemRead MoreOrganizational Culture At Ivey Business Journal1351 Words   |  6 PagesOrganisational culture shared among all the members, with its values, principles, traditions and methods of working. It determines how an organisation functions, from industry side to individually. It could be an important asset which, if not managed well, can be a critical liability for the organisation. While a healthy and positive organisational culture could increase relationship between employees and employer, and together achieve the maximum performance for the company, a deleterious culture would leadRead MoreBusiness Description: Steps to Building an Organizational Culture845 Words   |  3 PagesThe business being proposed is a new web dev elopment company that services other businesses by providing website templates, custom website layouts, and monthly website maintenance, at the discretion of the client. Although the company will be focused on providing layouts for other businesses, it will not turn down a client looking to create a personal website. This, however, will be less often than a business client will be. The company will be a new start up in the industry. It will mainly serviceRead MoreOrganizational Culture And Its Impact On Business Performance1288 Words   |  6 Pages Organisational culture refers to a structure of shared perceptions, ideologies and beliefs that present the suitable and unsuitable behaviours to the organisation’s employees. .These principles have a huge effect on employee attitudes and overall organisational performance. Corporate culture could become one of the organisation’s strongest assets or its biggest liability, based on strategies utilised by managers to share customs and values with employees. . The culture, traditions and shared valuesRead MoreThe Organizational Culture And Subcultures Within A Business Organization1566 Words   |  7 PagesThe organizational culture and subcultures within a business determines, to a larger extent, how the business performs and the quality of people that comprises an organization. Such culture is often initially created on purpose, but takes on life and identity of its own, developing organically and eventually controls and cultivates people within the organization. The case of Lincoln Electric Company is an interesting one, starting from the very early beginnings when the company was run by the brothersRead MoreOrganizational Structure And Culture Impact On The Performance Of The Business2025 Words   |  9 PagesTask 1 Compare and contrast different organisational structures and culture (1.1) Explain how the relationship between an organisation’s structure and culture can Impact on the performance of the business (1.2) Discuss the factors which influence individual behaviour at work (1.3) Task 2 Compare the effectiveness of different leadership style in different organisations (2.1) Explain how organisational theory underpins the practice of management (2.2) Evaluate the different approaches to managementRead MoreOrganizational Structure, Culture And Other Business Practices1288 Words   |  6 Pages In a business environment there are various business practices, processes, systems and general tools that people will be observed. Sometime employees and organisations needs to be managed according to it. At my workplace I have observed and learned variety of practices, process and system. The elements could be at internally or externally within organisation relationship. According to Keyser (2014) for a manager it better to maintain healthy relationship as a result the desired outcomes will beRead MoreOrganizational Culture And Its Impact On Business Success And Employee Performance1771 Words   |  8 PagesOrganisational Culture and its Impact on Business Success and Employee Performance Organisational or corporate culture is a broad concept. In the recent past this concept is widely studied and researched. One study, reference cited in Tsai (2011), refers Organizational culture to the values and norms that have existed in a company for many years, and to the beliefs of the people and the perceived value of their work that will dominate their mindsets and behavior. It is reasonable to assume that

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