THE ESSENCE AND DEFINITION OF CORPORATE CULTURE IN MODERN ORGANIZATIONAL THEORY

Authors

  • HUI XIN 2st year Doctoral Student, DBA, Al-Farabi business school, Al-Farabi Kazakh National University, Almaty, Kazakhstan
  • KOZHAKHMETOVA ASEL Phd, Al-Farabi business school, Al-Farabi Kazakh National University, Almaty, Kazakhstan

Keywords:

corporate culture, organizational theory, organizational behavior, decision-making, business performance, management practices, employee values

Abstract

This article delves into the essence and definition of corporate culture within the framework of modern organizational theory. Corporate culture encompasses the shared values, beliefs, and norms that shape organizational behavior and influence decision-making processes. Understanding corporate culture is crucial as it impacts overall business performance, employee satisfaction, and organizational effectiveness. The study explores key theoretical perspectives on corporate culture, including its components, such as artifacts, values, and underlying assumptions. It also examines the functions of corporate culture, such as providing a sense of identity, enhancing social system stability, and fostering commitment among employees. Moreover, the article discusses the role of corporate culture in aligning organizational goals with employee values, creating a cohesive and motivated workforce. By integrating contemporary approaches to corporate culture, the study highlights effective management practices that foster a positive and productive work environment. These practices include promoting open communication, encouraging employee involvement, and developing leadership styles that support the desired culture. The research also addresses the challenges in managing corporate culture, such as cultural resistance and maintaining consistency across different organizational levels. By examining case studies and real-world examples, the article provides practical insights into how organizations can navigate these challenges and leverage corporate culture to achieve strategic objectives. Ultimately, the study underscores the importance of corporate culture as a vital element in modern organizational theory, offering a comprehensive understanding of how it can be effectively managed to enhance organizational performance and employee well-being

Published

2024-12-09

How to Cite

HUI XIN, & KOZHAKHMETOVA ASEL. (2024). THE ESSENCE AND DEFINITION OF CORPORATE CULTURE IN MODERN ORGANIZATIONAL THEORY. World Scientific Reports, (8). Retrieved from https://ojs.scipub.de/index.php/WSR/article/view/4812

Issue

Section

Economic Sciences