We define company culture as the way things actually get done in an organization. Workplace culture reflects the way employees think, behave and work and includes the known and unspoken values and assumptions that drive good and bad practices and behaviors.
Good or Bad Company Culture Definition
Cultures can be either good or bad for your workforce and aligned or unaligned with your strategy. A healthy culture is characterized by positive employee engagement, high performance and leaders who live their values and hold employees accountable for doing the same. A bad company culture definition is just the opposite.
Positive cultures can help companies perform at a high level (i.e. Southwest Airlines or the New England Patriots); bad cultures can hurt performance (i.e. The Department of Veterans Affairs, Wells Fargo and VW).
A Bad Company Culture
When a company culture goes bad it may be marked by political infighting, interpersonal conflict, discriminatory practices, and subpar performance. But there can be an impact beyond a company’s bottom line and its employees. When there is no “true north” or accountability for acting in a fair, open and ethical way, a bad company culture can promote unethical behavior that negatively affects not only the workforce but also a company’s customers.
APT Price at posting:
$86.39 Sentiment: Sell Disclosure: Not Held
