Organisational Culture - Business concept of the day
Business Development
342 week ago — 1 min read
Definition: A pattern that emerges from the interlocking system of the beliefs, values that contributes to the unique social and psychological environment of an organisation which guides the suitability of an employee for the company.
Example: A business owner has created a highly “entrepreneurial” work culture to motivate employees to foster strategic thinking & help make them feel a part of the organisation.
Business Insight: Creating an organisational culture can help boost employee retention, attract talent & enables employees to grow along with the company’s growth.
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