Lesson 4

• Corporate culture is defined as values, standards, attitudes, and beliefs shared by the members of an organization.
• Examples of different Corporate Culture are Team-oriented culture, Elite culture, Horizontal culture and Conventional culture.
• Team-oriented culture prioritizes the employee’s happiness. These believe that when an employee is happy, they become more productive.
• Team-oriented culture is characterized by regular socializations, with teammates in and outside of work.
• Elite Culture hire only the best qualified individuals, and are expected to lead the way. This results to fast growth for the company and new ways of doing things.
• In Elite culture environment, employees often prioritizes work, and are expected to work long hours.
• In Horizontal Culture environment, everyone is encouraged to pitch in their ideas. This is common among younger companies.
• In Horizontal Culture environment, your job title is not very important. Everybody has a voice in the company, and ideas are discussed openly.
• Companies who have a Conventional Culture work in a more traditional manner.
• A dress code is normally employed in companies in conventional culture, and clearly-defined hierarchies are employed.
• Banks and Schools are examples of companies that have Conventional Cultures.
• Code of Ethics sets the company’s mission, values, ethos, objectives, and responsibilities to guide employees on how to deal with different scenarios in the workplace.
• The Vision statement gives the company direction.
• Vision is a short statement—about one sentence—that describes the future facing goals and ambitions of the company.
• Vision sets the ground for internal decision-making and determines the intended direction of the organization.
• Mission is usually a concise phrase (2 to 3 sentences) that sets forward what the company does, how it does it, and, sometimes, why.
• The mission statement drives the company.
• Mission often takes shape as a declaration of what an organization does every day.
• Mission expresses the company’s core values and purpose.
• Code Basics

  • Key Elements of a Code of Conduct
  • Implementation
  • Requires Training
  • Enforcement