Evolution of corporate culture: how important is it in today's world?

There are many different and competing definitions ofconstitute right or wrong, fair or unfair, thus anything
"corporate culture" in the organizational theory literature.that has personal worth or meaning. These values are
On one end of the spectrum culture is simply definedexpressed in operating beliefs and norms of behavior.
as the patterns of behavior within the organizationThe corporate culture develops as people come to
(Smircich, 1983). On the other end, some theorists haveshare a set of beliefs and then they use these to
defined organizational culture as a system of sharedestablish norms about the way they should behave
cognitions and the human mind generates the culturetowards each other and to outsiders
by means of a finite number of rules (Fiol, 1991).(Papers4you.com, 2006). If the outcomes are positive
Although all the theorists believe in the importance ofthis reinforces their shared belief in the values
the culture in the organizational studies but still there isunderlying their behavior. In this way, the organizations
a lack of consensus over its precise definitiondevelop deep seated values and beliefs about the
(Papers4you.com, 2006). Theorists have accepted thisway that staff should run things. However, it looks
fact and approached the concept of culture from thesimple and straight forward case in theory, but when it
most widely used definition of culture, as defined byis referred in the practical life then it is a big task to let
Lismen et al (2004) "a complex set of values, beliefs,it be a success story. It can be concluded by drawing
assumptions, and symbols that define the way in whichupon Barney (1986) that a valuable, rare and inimitable
a firm conducts its business".corporate culture can be a source of sustained
The evolution of corporate culture within ancompetitive advantage for a company.
organization has been the center of discussion forReferences:
many years. Practitioners have called it the 'way weBarney, J. (1986) "Organizational Culture: Can It Be a
do things around here' (Hampden-Turner, 1990) and theSource of Sustained Competitive Advantage?"
theorists have called it as the 'collective programmingAcademy of Management Review, Vol. 11, No. 3, pp.
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etiquette, form of greeting, clothing, and also include theHampden-Turner, C (1990), "Corporate Culture- From
artifacts of the business i.e. the physical layout. TheseVicious to Virtuous circles", The Economist books, pg
practices do have relevance as it greases the21-22
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the employees motivated, concerned and evenSearch of Sustained Competitive Advantage: The
transform everyone to follow the similar path asImpact of Organizational Culture, Competitive Strategy
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and beliefs, which provide guidelines for the wayon organizational culture", Available from [22/06/2006]
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each other. These often shape aspects of theculture important?", Available from [21/06/2006]
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artifacts.culture and organizational performance", Journal of
Beliefs: The assumptions that members hold about theManagerial Psychology; Volume: 19 Issue: 4; 2004
organization and the situation within it- about whatResearch paper
practices work well in this business, for example howSmircich, L. (1983) "Concepts of Culture and
people make decisions, how teams work together andOrganizational Analysis," Administrative Science
styles of problem solving.Quarterly, Vol. 28, pp.
Values: Deeply held ideas of members regarding what