Analysis of Corporate Culture in Law of Business Organisation

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This essay delves into the critical role of corporate culture within the framework of business law. It defines corporate culture as the beliefs, attitudes, and behaviors that shape interactions between personnel and management, significantly impacting a company's success. The essay highlights how corporate culture is reflected in various aspects of an organization, including employee dress, workplace setup, and client satisfaction. It emphasizes the importance of fostering a shared corporate culture to promote unity, understanding, and healthy competition among employees. The essay outlines strategies for enforcing a positive corporate culture, such as establishing a clear vision statement, hiring positive personnel, implementing an open-door policy, ensuring effective communication, prioritizing employee safety, providing growth opportunities, empowering employees, and offering proper direction. The essay concludes by underscoring the necessity of a positive work environment for organizational success and provides relevant references to support its claims.
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Running head: LAW OF BUSINESS ORGANISATION 0
law of business organisation
MAY 14, 2018
STUDENT DETAILS:
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LAW OF BUSINESS ORGANISATION 1
PART-2
Corporate Culture
The corporate culture is a most important factor in the success or failure of any business.
Corporate culture is implied. It is not expressly explained. The corporate culture refers to the
beliefs, attitude, actions and behaviours that define the way of interaction between personnel
and the management of organisation. It describe and characterize the organisation. The
culture of an organisation can see through the dress of personnel, setup of workplace,
turnover of the company, net worth of company, office time, employee benefits, decision of
employment, behaviour with client, the satisfaction level of the clients of organisation and
each and every aspect of the organisation (Craven, Gray and Stoneham, 2018).
Corporate culture of organisation incorporates values and behaviours which contribute to the
specific public and psychological environment of the company. It helps to achieve pre-
determined targets, structure, policies and methodologies to the workers, investors, clients
and groups. It terms as the company’s personality. The term of corporate culture describe the
exclusive personality and features of the specific organisation, company or entity (Masson
and Shariff, 2016). The culture of company is formed by the number of tangible and
intangible constituents. These tangible and intangible constituents together make an
environment to do good work (Hall, 2017).
Every organization has its own specific culture (Tomasic, Bottemley and Mcqueen, 2017). It
is the most important element for the success of company. The employees came from
different background in the company. They have different cultures and traditions. The shared
corporate culture helps to maintain unity and understanding with other employees of the
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LAW OF BUSINESS ORGANISATION 2
company (Densten, 2017). The corporate culture helps to encourage employees to keep them
trustworthy to the company. The shared corporate culture helps to create healthy competition
among the employees so they try to give their best performance to get appreciation (Baylay,
2017).
Enforcement of Corporate Culture in the company
The corporate culture should enforce in the effective way to maintain healthy environment in
the organisation. These are following-
1. Prepare a clear vision statement for organisation- It is essential to form a clear
vision statement so that employees of the company may know about the objectives
and future of the company.
2. Hire positive personnel in the organisation- Positive work culture is the foundation
of the company. So company should hire positive person as employee for the better
growth of company. Negative persons should never be placed in workplace. If there is
already a negative staff in company, then took them out of the company.
3. Form an open door policy- For the better environment of organization, there should
be an open door policy. As per this when it is not possible for boss to access
employees of company then they should follow open door policy and interact with
employees to listen their problems.
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LAW OF BUSINESS ORGANISATION 3
4. Proper Communication- Communication plays an important role in creating solid
work culture in organisation. The employees should feel easy to communicate and
expressing the opinion to the relevant authorities. In return it is a duty of management
or any other authority to listen problems and ideas of employees.
5. Make sure safety of employees- If employees feel unsecured about job and harassed
by other employees, then there cannot be positive work culture in the organisation.
The managers of the company should ensure safety of the employees in the company.
6. Opportunities for employee growth- The Company should provide chances for
promotion, opportunities for career development and increase financial improvement
to the employees so that they keep busy themselves.
7. Authority to the employees- Sometimes employees feel helpless and get bored from
daily job, in this situation managers should give some powers to the employees of the
company. When they have powers to select, they will be able to choose interesting
tasks to do.
8. Proper Direction- The management should direct employees in the proper way so
that each employee should have knowledge about his obligations to perform. They
should know how to achieve pre-determined targets before the deadline.
It is clear from the above analysis that the organisational culture defines and characterize
the company. The success or failure of the organisation depends on the corporate culture
of the company. So it is a duty of company to make all the possible efforts to create
positive work culture in the organisation.
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LAW OF BUSINESS ORGANISATION 4
References
Baylay, B. K. (2017) Organisational Ethics Training: A Proactive Perspective. In the journal
for quality participation, 35(2), pp. 15-19.
Craven, I., Gray, M. and Stoneham, G. (2018) Australian Corporate Culture. Cambridge:
The Cambridge Press.
Hall, F. L. (2017) Australians in Corporate Culture. Sydney: Macquarie University.
Masson, A. and Shariff M. J. (2016) Legal strategies: How corporations use law to improve
performance. Australia: The Australia University Press.
Densten, I. L. (2017) Organisational culture in small, medium and large Australian
organisation. Australia: The Australia Press.
Tomasic, R., Bottemley, S. and Mcqueen, R. (2017) Corporation Law in Australia.
Melbourne: Hybrid Publishers.
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