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Essay / Research Paper Abstract
This 4 page paper looks at what is meant by corporate culture and then considers how it may hinder or add value by looking at an organization that has actively managed its culture; The Bank of America (BoA). The bibliography cites 4 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEculBoA.rtf
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Unformatted sample text from the term paper:
characteristics such as, norms and values which proliferate between any singular group of people, which form a community (Mintzberg et al., 2008). This broad approach may be applied at either
a national or a corporate level. Looking at a firm such as the Bank of America can indicate the way culture can impact directly on operations.
A recognised organisational culture may be seen as implying that there is stability in place, otherwise the culture would not be established, and for there to
be an established culture there need to be active participation in the culture by the employees which will also mean shared learning experiences which participants may draw upon. This can
be seen as being the definition of the group experience, where there is more that shared experiences, but also through the learned shared concepts. This idea of stability is not
necessarily true, as a negative or fragmented culture may exist, or a dynamic culture which does not promote stability and looks to the issues such as the climate of the
culture. The culture does not have to be positive to be recognised, this reflects the climate, culture is not only controlled by management, it is a reflection of the way
that culture from outside impacts and the way that the employment relationship is managed, and it is possible for there to be duel aspects due to the climate and structure
of the firm. The Bank of America has adopted a strategy where the culture of the organization is one that embraced diversity. When
considering the way that diversity management is put into place two main models were identified; where individuals were is expected to blend in, or where they were set apart (Thomas
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