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What trends Contibute to Corporate Culture - Coggle Diagram
What trends Contibute to Corporate Culture
Organizational Structure
Types of Organizational structures
Departmentalization
Allows for a newer product design
Departments can work together to solve problems
Companies designed to different departments
Work Specialization
Created poor work quality in the workplace
Made employers realize how much division they could do
Divide work into smaller groups to hire unskilled worker
Centralization
decisions can fall on selected amount of people
Decentralization is increasing meaning decisions are spread throughout the organization
Who makes the decision
Chain of Command
Says who reports to who
Determined by the company
Managers
Span of Control
Can be effective if there is a good management style
Governed by similarity of task and degree of difficulty of tasks
Amount of employees a person can manage properly
Formalization
Informalization is when an employee's job position van be evolved to the employes's and their organization's needs
Benefits for each
Formalization can keep things organized and allows tasks will be clear to each employee
Informalization allows employees to have more freedom while still getting work done, which will lead to a better work environment
Assigns certain task to people with a specific job title
Choices of Organizational Structure
Flattened Organization
Allows employees to be involved in the decisions and be more independent
Vertical organization
Management layers where decisions are made by a someone with higher authority
Workplace Culture
Factors Affecting Workplace culture
Employees with different backgrounds
companies have had to change ways to do things inorder to respect people's ethnic backgrounds and values
People with different backgrounds can bring new ideas to the table and attract a different market
Technology
Allow employees to work from home
Can be used to include resources to improve mental health of employees
Can improve work for employess
Government Policy changes
Example of a policy change would be social distancing due to COVID-19. Has forced companies to close, and allow people to work from home and limit the amount of customers in the building
Globalization
Means that there is more competition than before
Companies need to learn to work better in able to compete with other businesses all over the world
Importance of Work culture
Attracting new employees
Boosts boosts employees engagement and attention
Motivations
Recognition and rewards
Healthy work environment
Benefits ex( health care, dental, etc)
Mobile Workforce
Technology
Increases employee's skill level
Allows smaller companies to compete with a global market and large companies
Allows people to work from home
Talent Mobility
If benefits were more portable they would then it would attract more people from around the world to work in a company overseas
Can work visas, professional licenses and passports be given to improve mobility
Immigration can allow talent from all over the world to come and contribute to a large company
Globalization
Sell products with a sales person in another country
Set up an operation in a foreign country
Allows the products to be shipped internationally
Entrepeneurship
Reasons for a rise in Small Businesses
Profit in a specialized market
small companies can compete with large companies on the internet
Large companies have been downsizing
Smaller businesses can adapt quicker to changes in the market
Small businesses are more creative than large companies
Benefits
Freedom to work less
Potential to make more money
Can be involved in the business operation
Can decide what product to sell and put your ideas to work
Current Impact of Unions
Benefits of unions
Secure jobs
Balance of power
Better wages
History of Unions
Scheduling of excessive work hours
Poor Wages
Health and Safety Risks
Cons of Unions
More recent employees will be the first to be fired
Takes away from individual needs since it is a collective agreement
Tension between employer and employees
