3 Reasons Why Culture is So Important within Organisations

Culture comes up a lot in business and organisations, especially in the academic side around the subject. Despite this though, many people are ok with just accepting a business culture and going along with it, believing that once a culture has come into play, it can’t be changed. Culture is one of the main reasons that companies fail. Even with a great idea, a culture can cripple an organisation from the inside out. In today’s article, I would like to discuss the 5 reasons why culture is so important. Having the Right People It can take years to acquire a team of the right people. Yet that team could ultimately be the failure of the business, because it doesn’t fit together, the culture doesn’t work. Let’s use a football team as an example. Real Madrid and Barcelona of late are the perfect examples. Real Madrid have always been seen as having best players in the world, they spend millions and millions getting these players so that they can compete, but then Barcelona beat them, because they still have great players, but they have built a team… It is exactly the same in businesses around the world. The best companies don’t necessarily always have the best employees, but they have employees who fit with the rest of the group and work well together. Projecting a Brand Image People often don’t think of this, but a culture within an organisation can be a deciding factor of what kind of brand image is projected to people outside of the company. Take Google for example, a few years ago they were gaining a...

How to Set SMART Goals to Improve Performance Management

Goals Definition: Goals are short-term objectives which are set at the start of a project to help analyse where the project needs to go and in what kind of time frame. SMART Goals Definition: SMART Goals are a way of making goals which cater to the project and make more sense when looked at in the future; S – Specific – The area for the goal to be set, must be specific so that a goal can be clearly defined and then completed. M – Measurable – A way to measure the progress of the goal, to know when the goal has been accomplished. A – Attainable – The goal has to be realistic, there is no point if it can’t be completed. R – Relevant – The goal must be aligned with the rest of the goals within a project and with the organisation as a whole, is it worthwhile? T – Time-Related – When should the goal be reached? Performance Management Definition: Performance Management helps to contribute to the effectiveness of the management of individuals and teams in an organisation, as to to help with the performance of the organisation. To achieve this it needs to be made that everyone shares the same understanding of objectives and targets. Key Learning Points What is the Definition of a Goal? How would you Define a SMART Goal? Write your own SMART...

Organisation Environmental Uncertainty

Organisational Environment Definition: The organisational environment is technically anything which is external to an organisation and can affect it in anyway, causing the organisation to react to this change. Fro example if a competitor lowers their prices, then an organisation in the same market may have to react by also lowering its prices, or saying that they have a better quality product which could help brand image and in turn sales, more than selling for cheaper. Organisational Environment Uncertainty Definition: The organisational environment can be very uncertain, with many factors affecting the way an organisational will have to cope and react to what is around them. The uncertainty which organisations have to deal with come mainly from the sectors in which that specific organisation will have to deal with the most,t his is because these will be the areas where the quickest changes will have to be made, with sectors where interaction isn’t as common an organisation doesn’t need to spend as much time on making sure that it is up-to-date with that sector, it just needs to unsure that whenever it does interact, that it is. From this we can see that organisations should focus on the Task Environments. To analyse these Task Environments, and to some extent the General Environments we can use three main techniques, which are the following; Change Complexity Need for Resources The whole point of uncertainty is that organisations need to be able to cope with it so that their business can be successful. But the problem here is that uncertainty means that there isn’t enough information for businesses to be sure on what is...

Organisational Environment and Culture

Organisational Environment Definition: The organisational environment is technically anything which is external to an organisation and can affect it in anyway, causing the organisation to react to this change. Fro example if a competitor lowers their prices, then an organisation in the same market may have to react by also lowering its prices, or saying that they have a better quality product which could help brand image and in turn sales, more than selling for cheaper. Organisational Culture Definition: Cultures in organisation is defined by how the organisation is run, how the personalities within the organisation interact with each other and also how the structure of the company is set out. Stable Environments From research it has been found that companies in more stable, simple environments have more standard, formalised cultures which are lead in a central way, not allowing much innovation or out-of-the-box thinking. This is most likely to do with the fact that their isn’t much to change all the time and therefore employees are expected to just get on with their job. Complex Environments This is in contrast to complex, unstable environments, where the culture is more likely to be informal, free-flowing and adaptable, as this leads to innovations, ideas to make change and ideas to help come back when a competitor, or another sector, has made a change. Key Learning Points How would you Define the Organisational Environment? How would you Define Organisational...