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Workplace Culture and its Impact on Organisational Efficiency - Doc

   

Added on  2020-10-05

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FinanceLeadership ManagementProfessional DevelopmentDesign and CreativityArtificial IntelligenceEnvironmental SciencePolitical Science
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Workplace Culture and itsimpact on OrganisationalEfficiency
Workplace Culture and its Impact on Organisational Efficiency - Doc_1

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3Main Body.......................................................................................................................................3Workplace culture of the organisation .......................................................................................3Critical Evaluation of Organisation and its Environment: PESTLE and SWOT analysis..........7Critical Evaluation of Cultural and Ethical Behaviour of the organisation ............................10Communication channels in organisation ................................................................................13Barriers for effective functioning of organisation and ways to overcome................................13CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
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INTRODUCTIONWorkplace culture is the environment that is which comprises of values, beliefs, interests,upbringings and habits that create person's behaviour. Culture can be expressed in the form ofexperiences of all types of employees and is influenced by organisation's owner, executives andmanagerial staff. Workplace culture is set by creating, refining and defining the companyculture. Culture is more visible in the way business looks and in which employees dress but inreality it thrives in the attitudes of workers by setting objectives and in communication ofbusiness values to them and customers. It affects business strategies and plays a significant rolein the bringing organisational efficiency and culture. In this report there is complete description of the workplace culture of Iceland and its effecton organisation efficiency. It impacts morale of employees, productivity and their engagementboth negatively and positively. Performance of employee and their motivation both are affectedby quality of employee's workplace environment (Capon and et.al., 2016). There are differentfactors that affect their performance like workplace incentives, performance feedback, job aids,goal setting and support of supervisor. There are management theories that can be applied onIceland to improve ethical standards and establishing sustainability.Main BodyWorkplace culture of the organisation Workplace culture of Iceland is significant and it can no longer afford to waste thepotential of its employees. Every organisation has some set of characteristics and properties.Culture can be identified as atmosphere and environment. It is important to shape Iceland'sactivities and performance. It is a sum of beliefs, traditions, attitudes and values. This isimportant because:1.Workplace Culture is helpful in attracting potential talent (Carroll, 2015). Job applicantsevaluate organization's climate. Iceland has strong, clearly defined and well-communicated culture that attracts right talented candidates those who are fit for theposition.2.It tends to drive retention and engagement of employees. It creates work environmentwhich strengthens or weakens engagement of employees in various activities oforganisation.
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3.It influences satisfaction and happiness. Strong culture is directly connected to employeesatisfaction and happiness.Workplace culture is important in Iceland because employees spend many hours in thecompany, so culture influences both personal and work lives. It refers to ideologies, principlesand values which an individual share with other people in the organisation. For success of theorganisation, it is a determining variable. Employees of different demographics are united in a shared organisational culture.Iceland understands the importance of culture because many employees belong to differentfamilies, backgrounds and traditions. Equality is promoted at workplace so that no employee isneglected and everyone is treated equally (Jenni and Lewis, 2018). Organisational culture helpsin loyal engagement of customers and motivating of employees. Employees work morepositively, if they are considered as the part of the firm. They are more loyal and work harder tosucceed. A sense of accomplishment is established because they feel that organisation care abouttheir choice and views, so they give their best to the company. In order to earn recognitionemployees, strive and perform better. This results in quality wise work which in turn leads toprosperity and growth of organisation. Culture of the organisation defines employee's identity(Cheng, Ioannou and Serafeim, 2014). Thus, values and ethics are crucial part of employmentwhich develops punctuality, positive attitude, politeness that leads to success and profitability ofthe organisation. Iceland focuses on business while working with its competitors so that it canbecome sustainable with its workforce. Corporate sustainability in OrganisationIceland should focus on building up a sustainable workforce that aims to produce andconnect with employees successfully and authentically. It depends on effectively managingorganization's finances, retention of employees and profitability. Some primary dimensionsshould be organised in order to maintain sustainability. Iceland should have enough resourcesthat include money which decides what should be done in future. Business sustainability meansaccounting of social and environmental impacts in corporate reporting. Many companies arestriving towards sustainability in this competitive world (Xu and et.al, 2015). Iceland has somelong term goals which are related to social, economic and environmental systems. Organisation'sculture takes decisions for its members by reinforcing and establishing expectations about howthe t things should be done and what should be valued. A sense of identity is provided to its
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