Definitions of corporate culture: -How importance is it in today’s world,…?!!
Tuesday, March 16th, 2010There are many different and competing definitions of “corporate culture†in the organizational theory literature. On one end of the spectrum culture is simply defined as the patterns of behavior within the organization (Smircich, 1983). On the other end, some theorists have defined organizational culture as a system of shared cognitions and the human mind generates the culture by means of a finite number of rules (Foil, 1991). Although all the theorists believe in the importance of the culture in the organizational studies but still there is a lack of consensus over its precise definition (Papers4you.com, 2006). Theorists have accepted this fact and approached the concept of culture from the most widely used definition of culture, as defined by Lismen et al (2004) “a complex set of values, beliefs, assumptions, and symbols that define the way in which a firm conducts its businessâ€.
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