Risk Management – A Basic Understanding
Literally speaking, risk management is the process of minimizing or mitigating the risk. It starts with the identification and evaluation of risk followed by optimal use of resources to monitor and minimize the same. Risk generally results from uncertainty. In organizations this risk can come from uncertainty in the market place (demand, supply and Stock […]
Transactional Leadership Theory – Meaning, its Assumptions and Implications
The transactional style of leadership was first described by Max Weber in 1947 and then by Bernard Bass in 1981. This style is most often used by the managers. It focuses on the basic management process of controlling, organizing, and short-term planning. The famous examples of leaders who have used transactional technique include McCarthy and […]
Effect of Endocrine System on Human Behaviour
Nervous system protects our body from various dangers by following a sequence of interpretation and reaction to the stimuli. Endocrine system secretes chemicals called hormones throughout our body which influence our feelings, moods and behaviour. Endocrine system is composed of glands which is a group of cells that secrete hormones. Various glands perform various functions […]
Catastrophe Modelling: Meaning, Components & Types of Losses
Reinsurance companies have to pay out large sums of money in claims if and when a catastrophe occurs. Each time a hurricane, a flood, or any other catastrophe hits, insurance companies lose money. The monetary losses can be quite significant since catastrophe by definition refers to a natural disaster. Hence, it is in their best […]
Effective Team Building Strategies that can be Implemented by any Organization
The Importance of Team Building Team Building is significant for organizations to actualize optimal performance and enhanced levels of results. Indeed, without team cohesion and the sense of unity of purpose, no organization can hope to survive the neck tight competition as otherwise, the teams would be working at cross purposes with that of the […]
Organization culture refers to the various ideologies, beliefs and practices of an organization which make it different from others. The culture of any workplace decides how employees would behave with each other or with the external parties and also decide their involvement in productive tasks.
Hofstede also known as Geert Hofstede proposed that national and regional factors contribute to the culture of the organization and eventually influence the behaviour of employees in the organization.
According to Hofsteide there are majorly five factors which influence the culture of the workplace.
Organization A
The power was distributed equally among all irrespective of their designations. Every individual regardless of his level in the hierarchy enjoyed equal benefits and rights.
Organization B
In organization B the superiors enjoyed a special treatment from the management and the team leaders were delegated more responsibilities as compared to the team members.
Power distance index refers to the differences in the work culture as per the power delegated to the employees. There are some organizations which believe in appointing team leaders or team managers who are responsible for their respective teams and have the challenge of extracting the best out of the members. The team members also have to respect their team leaders and work as per their orders and advice.
However in some organizations, every employee is accountable for his own performance. No special person is assigned to take charge of the employees. The individuals are answerable to none except for themselves. Every employee gets an equal treatment from the management and has to take ownership of his /her own work.
This refers to the effect of differences in male and female values on the culture of the organization. Organizations where male employees dominate their female counterparts will follow different policies as compared to organizations where females have a major say in the decision making process of the organization. Male employees would be more aggressive as compared to the females who would be more caring and softhearted. The responsibilities also vary as per the sex of the employees. The female employees are never assigned something which requires late sittings or frequent travellings.
There are some organizations which strongly rely on team work. Here individuals with a common interest come together and work in unison as a team. These organizations believe that the output is always more when individuals exchange their ideas, discuss things among themselves to come out with innovative ideas. In such a scenario the employees share a healthy relationship and take each other’s help when required.
However certain organizations follow a culture where individuals do not believe in working as a single unit and prefer working individually.
Uncertainty avoidance index refers to a culture where employees know how to respond to unusual and unforeseen circumstances. It deals with the tolerance level of the employees in both comfortable and uncomfortable situations. Organizations try hard to avoid such situations and also prepare the employees to adjust well in all conditions.
There are some organizations which focus on long term relationship with the employees. In such organizations people have a steady approach and strive hard to live up to the expectations of the management. Employees get attached to the organization and do not look at short term objectives. On the contrary, some organizations have employees who are more concerned with their position and image. They follow a culture where people move on in a short span of time and nothing is done to retain them. The employees are concerned only with their profits and targets and leave as and when they get a better opportunity.
Your email address will not be published. Required fields are marked *
