PRESENTED BY

PANKAJ MITRA SHEFALI ASNANI RAHUL JACOB PRASOON KANT OJHA PRANAV KUMAR SINGH

Objectives

To improve the present condition of the Indian economy

To help Indians companies to keep aware of the foreign corporate culture To create brand value for our website named www.corporateculture.com

Definition

Most important ingredient for managing organization members as a total group

A set of shared value/beliefs that the members have regarding the organization
The type of culture can be understood by the following:
o Status Symbol o Tradition and History o Physical Environment

Driving Factors

Beliefs/Values Shared by people who work in an organisation

Vision Where the organisation wants to go in the future

Mission Statement Summary of the beliefs of the organisation and where it is now

 Practices Values are of little importance unless they are enshrined in a companys practices People No company can build a coherent culture without people who either share its core values Place May reinforce or contradict the culture a firm is trying to create

Different Types

Strong vs. Weak Cultures

Unhealthy Cultures
Adaptive Cultures

Examples

Corporate Culture of

 HIRING PROCESS : o Its really the people that make Google the kind of company it is o The process is quite different than other companies o Hires extraordinary people PERKS : o o o o o o o o Free breakfast, lunch and dinner Free health and dental checkups Free haircuts Free dry-cleaning Subsidized massages Gyms and swimming pools Videogames, football and ping pong Death benefits

 WORK CULTURE: o Unique work culture o Main objective is to keep employees happy and maintain productivity o Employees can work however they feel comfortable o No traditional dress codes are being followed o Can also bring their pets and babies to work o They have lots of fun at work

Corporate Culture of

 It is values which determine who and what we are Influence our personal lives, values thus impacting our behaviour, actions, decisions and relationships The companys strength lies in flexibility, a drive for excellent quality, efficiency and a target-oriented approach Reliability is another fundamental factor for our employees, which they strive to demonstrate at all times Raising awareness about the values strengthens the companys dynamic growth

 Significance to respect, the assumption of responsibility, word of honour, courage and a passion for all that we do The goal is to develop methods for raising awareness about these values
Five values - respect, assumption of responsibility, team play, passion and courage Culture-Compass booklet provides important guidelines and golden rules concerning corporate culture Ensures the continued long-term development

Corporate Culture of

 FIRM MANAGEMENT STYLE : o Collaboration, teamwork & integrity create the right for our people hence delivering the right possible results o Employees are given control over the goal setting CULTURE : o Employees are the most valuable asset o Opportunity to work with influential leaders under worlds interesting challenges o Team driven culture leverages and rewards individual talent

 DIVERSITY : o Employees represent different nationalities, educational backgrounds and life experiences

COMPENSATION & BENEFITS :

o Attracts, inspires and reward creativity and talent

o Provide highly competitive compensation and benefits

AWARDS : o Some of the major awards received in recent times are Working Mother, Fortune(Rank #25), Human Rights Campaign, The Sunday Times(Rank #2), etc..

Conclusion
Culture tends to change with time Organizational culture develops over a long period of time with the participation of the members Affects organizational performance

Significance
The organizational culture reveals the leadership styles of those leading the organization

Criteria for allocation of rewards and status

Criteria for recruitment, selection, promotion, and retirement of employees