Impact of Organizational Culture on Strategy Development
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The ability of a firm to produce good performance depends on the strategy of an organization. The strategy of an organization, in turn, depends on the environment and culture of an organization. The environment is the sum name of all those factors and forces which not only surround an organization but also affect the way it works and its performance (external factors outside the organization and internal factors within the organization). Culture is the way an organization and its people work. Usually known as organizational culture, it includes:
- Values: Easy to identify, they are explicit, and used to be different from formal statements.
- Beliefs: Specific, discerned in how people talk about issues the organization faces.
- Behaviors: Day-to-day