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Corporate culture


A global survey of 2,500 companies in 36 economies found that 71% of boards of global companies establish internal controls that address employee culture and behavior. The Grant Thornton report reveals that half of global companies now have culture as a permanent item on their agenda. The survey also showed that 78% of UK companies …

TOKYO – Shigehisa Takada was adamant as usual. Even at the June 26 press conference where he announced Takata’s bankruptcy, the CEO of the beleaguered airbag supplier refused to acknowledge any fundamental quality issues with the company’s products. “It’s a mystery why the abnormal ruptures [of the air bags] happened, “Takada said at the press …

Bad corporate culture has always been a difficult problem to quantify or regulate. But that doesn’t mean it doesn’t come at a cost to organizations. The problematic culture of Australia’s banking industry, which has been plagued by scandals in the areas of financial advice, insurance and foreign exchange, has given the federal government an excuse …

Opinions expressed by Contractor the contributors are theirs. You are reading Entrepreneur United States, an international Entrepreneur Media franchise. This article is included in Voices of entrepreneurs on corporate culture, a new book containing ideas from over 20 contributors, entrepreneurs and thought leaders. Shutterstock Lately, corporate culture has been in the news for all the …

There aren’t many leaders who would disagree that a healthy and productive culture is a critical component of a business’s success. Yet so many companies with high-sounding “mission statements” and “core values” have the most toxic workplaces imaginable. Too many leaders still treat the human factor in business as an afterthought, a matter of good …

Digital transformation is more than just a plan, experts told the audience at the IDC Directions 2017 event in Toronto on March 28. For a business to truly transform and be successful in the modern technological age, there has to be a cultural shift as well as a practical strategy. Shawn Slack, City of Mississauga …

What is corporate culture? Corporate culture refers to the beliefs and behaviors that determine how a company’s employees and management interact and handle external business transactions. Often the corporate culture is implicit, not expressly defined, and develops organically over time from the cumulative traits of the people the company hires. A company’s culture will be …

Toshiba’s shares have been split in half since late December when it first reported multibillion-dollar losses at US nuclear unit Westinghouse Electric and exposed allegations of accounting fraud by senior executives of the division. Yesterday, Toshiba said it was delaying the release of its October-December results for the second time as it investigated the embarrassing …

Corporate culture has arguably always been important, but it has only become a popular topic of discussion in the past 20 years or so. For some people, it’s become a buzzword, losing some of its meaning due to the overabundance of content and the discussions surrounding it. However, I would say that corporate culture has …

Why Volkswagen to stray so badly from the road? How did the world’s largest automaker end up costing itself around $ 17 billion in fines and regulations so far in a reckless attempt to beat emissions tests? The facts of the case are slowly coming to the surface. A full account, however, needs to cover …