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Organizational Culture

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Organizational Culture is the set of shared values and beliefs that underlie a company’s identity. It is basically the set of shared, taken-for-granted implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments.
The organizational culture being followed at any organization is a picture of how and what their leaders are doing. The leadership style determines the type of organizational culture. Under different leadership styles we have got different organizational cultures.
Fashion Inc fostered an open culture and by large it has succeeded in doing so. All employees were well integrated into the system and each individual and his/her thoughts were considered important. It promoted a rational approach to work where there are proper guidelines and procedures. Any problem with the employee be it work related or personal was listened to and the boss tried their best to give solution to the problem. Top management encouraged a supportive culture to provide a satisfying work environment for employees so they can deliver their best. Employees were delegated through their work and the boss worked with the employees side by side.
Managers often fail to appreciate how profoundly the organizational climate can influence financial results. It can account for a nearly third of financial performance. Organizational climate in turn is, influenced by leadership style- by the way managers motivate direct reports, gather and use information, make decisions, change initiatives and handle crises. There are six leadership styles. Each derives from different emotional intelligence competencies, works best in particular situations, and affects the organizational climate in different ways. (Daniel Goleman 2000:1)
1. Coercive style : demands immediate compliance
2. Authoritative style : mobilizes people towards a

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