Study Like a Boss
What makes a good compliance culture can be deconstructed into multiple components yet it is instantly recognizable. It is strong and functional yet in no way hinders the development of profitable new business and can adapt to market, technological or regulatory change. A good compliance culture is represented across all levels of the organization ensuring … Read more
For managers, it is important to know different cultures that they may face within the work place. Two cultures that they will face are individualism and collectivism. The purpose of this article is to explain the differences in individualism and collectivism and how they can work together. Individualism ”Individualism means the social framework is loose, … Read more
Types of Organizational Cultures Organizational culture is a way in which organizational members relate to each other, their work and the external environment in comparison to other organizations. The strategy of an organization can be enabled or hindered by its cultures (Hofstede). In explaining the types of cultures, Hofstede starts with the means-oriented and goal … Read more
