In spite of the decreasing impact of the globe economic crisis, many entrepreneurs are still confronted with a decline business and seeking methods to go over it. For example, in terms of management, the Hewlett-Packard has issued a new edict calling for more employees to show up at the office more often instead of working at home. Obviously, what Meg Whitman, the CEO of HP, wants is building a stronger culture of engagement and collaboration to improve the business.
There is no doubt that a healthy organizational culture may provide various benefits. Actually, not only can it enhance company’s rivalry by improving innovation and customer service, but also it can improve employee performance which can be more efficient and consistent. A 2003 Harvard Business School study reported that culture has a significant impact on an organization’s long-term economic performance.
Despite the fact that organizations with strong performance-oriented cultures witnessed a better financial growth, as a matter of fact, it would experience a hardship during short term. This is due to the difficulties of organizational change, especially the groupthink of it. If the CEO handled this kind of cultural resistant properly, the company would be survived and relatively booming after its turnaround.
In a word, a good organizational culture is absolutely beneficial to a company. However, in terms of management, it should be very cautious to make any organizational change.
References
1.At HP, Meg Whitman Wants People to Show Up for Work. By Ashlee Vance October 09, 2013.
http://www.businessweek.com/articles/2013-10-09/at-hp-meg-whitman-wants-people-to-show-up-for-work
2.Organizational culture. From Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Organizational_culture#Impacts
3.Change management. From Wikipedia, the free encyclopedia