preview

The Culture Of Organisation Is Values And Beliefs

Decent Essays

Executive Summary Introduction Siemens is the company which provides products and services in engineering, healthcare and finance. The products and services they provide starts from modern pedestrian crosswalks to financial services in different spheres of business. Nowadays Siemens employs around 14,000 people in the UK, including approximately 5,000 people in manufacturing sector. Total revenues of the company for year 2015 were £3.36 billion. (Siemens.co.uk on 07/04/2016) Key financial figures 2011 2012 2013 2014 Turnover (£bn) 4.37 3.21 3.36 5.00 Employees 12,972** 13,520 13,760 14,000 Question 1 The culture of organisation is values and beliefs that apply to the unique psychological and social environment within the organisation. Culture of organisation consists of organisation’s values, philosophy, experience; assumptions gathered and its self-concept, internal activities, and communication with outer environment such as customers, other organisations and forecasts for future. It is based on mutual values, beliefs, habits, rules and even fashion which has been established over some period of time and treated as good and appropriate thing for company. Corporate culture can be seen in different activities within the company, such as: 1) The approach of the organisation to its business and how it manages business, treats its employees, customers, suppliers and other outer community; 2) The degree of what opportunities are given in decision making process,

Get Access