ORGANIZATIONAL CULTURE

Organizational Culture impact on Corporate Innovation and Role of Leadership

Abstract

The study of organizational culture has been subject of extensive research in contemporary times. The initial work was about popularized terms such as values, beliefs, principles, and others which immediately were linked together as one concept that began to take root in the business field. Most recently, as the competitiveness in the corporate world has increased, focus has been moved to innovation. When the companies desired for more innovative climate at the organizational level, it has been found out that organizational culture can be exploited to promote desired innovation. In this regard, role of leaders to promote innovation through organization culture is also undeniably of pivot importance.

Culture is the amalgamation of values and practices that are followed in the organization. An organization culture is the product of the mission and values of the organization. It is this mission and values that tell the employees the reason for the existence of the organization. It gives them a direction as to where they want to be and how they can get there through the implementation of the values. The business practices, as well as the employee behavior are the result of the organizational culture. The organizational culture can also be defined as the shared belief of the organization. A culture that focuses on high performance engraves this performance in the very roots of the organization. It is a culture where employees take ownership not only of their own work but also of the entire organization and their bottom line Attention has been changed to the impact of organizational culture on innovation because innovation.

An organization whose culture encourages innovation is full of creativity, experimentation. People get excited about the possibility of building new solutions. It works equipment without fear of sharing knowledge. The culture of innovation is the foundation on which to build an innovative organization. Two elements are necessary for ideas to flourish in an organization: creative people and culture of innovation.

In the context of innovation and impact of organizational culture, the role of leaders has emerged to be especially important. Many leaders try to reduce their costs, increase their revenues and their profits to invest in new technologies or advertising to improve their performance. However, they overlook an essential aspect of the organization that could make a huge difference in their pursuit of performance: organizational culture.

Organizational Culture impact on Corporate Innovation and Role of Leadership

Introduction

Organizational culture is what needs to be developed in any business, company or organization and thus naturally create stable links to people who are in the business. An organizational culture means to be developing activities with a common goal with a working group, with goals that unite the people within the organization, functioning as an organization that is an ordered set of work and the team mentality where develop individual activities carried out jointly approach the company achieve its objectives.

Any firm or company hopes to have a clear and effective organizational culture inserts in your ...