WorldCom: Organizational Culture and Unethical Safeguards Organizational culture is one of four influences whether an ethical or unethical behavior will be made. WorldCom’s demise‚ deliberately overstating their income by $7 billion between 1999 and 2002; and their once valued stock of $180 million becoming nearly worthless‚ can attribute a significant amount of their failure on their “dis”organizational culture. Corporations worldwide who do not think this type of fraud can happen at the hands
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Leaders and Organizational Culture There are leaders and there are followers‚ consequently the composition of most of the human race. There have been leaders since the beginning of time‚ thus leadership is an extremely important element in our society‚ for without leaders‚ people would be without direction‚ confused‚ and unmotivated. However‚ just because one finds his or herself in a leadership role‚ does not mean he or she is an effective leader or a leader that can create and maintain a healthy
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United States Securities and Exchange Commission (SEC)‚ and theft from an employee benefit plan. Madoff was sentenced to 150 years in prison on 29th of June 2009. So what went wrong? Analyzing Madoff according to our lecture slides about unethical behaviours we tried to understand Madoff’s decisions: A series of experiments conducted by psychologists at the University of California‚ Berkeley‚ suggests that
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concept of organizational culture as managers became increasingly aware of the ways that an organizational culture can affect employees and organizations. This interest led management scholars and practitioners to undertake research investigations resulting in numerous articles‚ including a complete issue of Administrative Science Quarterly (September 1983)‚ Organization Dynamics (Autumn 1983) and Journal of Management Studies (May 1986) being devoted to corporate or organizational culture issues. In
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E-Leader Tallinn‚ 2009 ORGANIZATIONAL CULTURE: HOW TO MEASURE IT - A CASE STUDY Dr. Léo F. C. Bruno‚ Professor of Leadership José O. P. de Sousa‚ M. Science Dom Cabral Foundation Nova Lima‚ Brazil Abstract The current study sought to analyze the aspects of Brazilian organizational culture found in business management. Its purpose was to prepare a methodology to measure the elements that make up the organizational culture of a company in the Manaus Industrial District /Brazil. This study researched
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ORGANIZATIONAL CULTURE AND THE DEVELOPMENT OF ORGANIZATIONAL CULTURE 1. INTRODUCTION One of the significant elements while discussing about organization development is to discuss its own existing culture as the culture itself is part of organization behavior that gives significant role in shaping organizational sustainability. Above all there is a need to recognize the right culture for any organization to achieve excellence. Peters and Waterman (1982) clearly described organizational
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P T E R Organizational Culture Learning Objectives After reading this chapter‚ you should be able to: • Describe the elements of organizational culture. • Discuss the importance of organizational subcultures. • List four categories of artifacts through which corporate culture is communicated. • Identify three functions of organizational culture. • Discuss the conditions under which cultural strength improves corporate performance. • Discuss the effect of organizational culture on business
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------------------------------------------------- Organizational culture Organizational culture is the behavior of humans who are part of an organization and the meanings that the people attach to their actions. Culture includes the organization values‚ visions‚ norms‚ working language‚ systems‚ symbols‚ beliefs and habits. It is also the pattern of such collective behaviors and assumptions that are taught to new organizational members as a way of perceiving‚ and even thinking and feeling. Organizational culture affects the way
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ORGANIZATIONAL CULTURE Each person has more or less lasting and fixed traits that help predict their attitudes and behaviors. Organizations also have personalities‚ which are referred to as “cultures.” Organizational cultures govern how that organization’s members behave. Organizational Culture is defined as a system of shared meaning held by members that distinguishes the organization from other organizations. There are seven primary characteristics that capture the essence of an organization’s
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of culture varies with an estimate of 164 individual definitions of organizational culture. One potential catalyst for the number of definitions comes down to the application of theory to the abstract concept of culture within an organization. The more theorist and different organizational fields of study you have the more individual definitions are spawned. Though there may be many definitions of culture one point is understood‚ the strength of a company is directly related to how culture is
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