What is Organisational Culture: In simple terms, Organisational Culture is the way in which people in an organisation relate to each other, their work and the outside world, in comparison with other organisations. Your Organisational Culture shows how your organisation works: how things get done, the interactions between people, and employee relationships to their work and the outside … Continue reading Five things you need to know about Organisation Culture

Think of a typical restaurant experience and how it plays out in each country you have visited. From how the food is produced to how it is presented in a restaurant as well as the social etiquette you have to follow at that restaurant. Just that one experience is a reflection of how culture is … Continue reading How organisational culture and national culture impact your organisation

In September 2021 shareholders of Exxon Mobil stunned Industry observers when they elected two Directors nominated by a coalition of investors who believed the company need to move towards cleaner energy. “How the industry chooses to respond to this clear signal will determine which companies thrive through the coming transition and which wither.” Andrew Logan, … Continue reading Why an ESG strategy is critical for a ‘future-proof’ corporation

82% of millennials said that they consider the workplace’s technology when deciding whether or not to accept a position and 45% of this group are likely to quit a job with sub-par technology. Blended work environments might have become the norm in a post-pandemic world, but these findings pertain to Dell and Intel’s third Future … Continue reading Building a flexible organisational culture for a transformative era

The pandemic has exacerbated virtual working environments like no other event has done before. While many companies have shifted from a WFH model to hybrid work models, business travel is unlikely to hit pre-pandemic levels any time soon, if ever. This is likely to have a lasting impact on how global virtual teams are managed. … Continue reading 5 tips to manage global virtual teams more effectively

94% of executives and 88% of employees believe a distinct workplace culture is important to business success. This was one of the key findings of a Deloitte survey on core beliefs and culture. The survey’s findings confirmed that there is a strong correlation between employees who say they are “happy at work” and feel “valued … Continue reading Six steps to build the perfect organisational culture

A Gartner survey  in 2021 revealed that 91% of HR leaders are concerned about employee turnover in the immediate future. According to this survey, nearly 50% of employees hired over the last 12 months had two additional job offers. Another Gartner survey of 1,609 candidates between May and June 2021 found that nearly half of … Continue reading Eight benefits of a well-defined organizational culture

According to PWC’s ‘Global Culture Survey 2021’, 69% of senior leaders credit much of their success during the pandemic to culture. This survey spanned 3,200 workers in more than 40 countries and revealed that strong cultures drive better business outcomes. The report adds that during a year that necessitated major changes for companies around the … Continue reading Six factors that contribute to organizational culture

According to a study by PWC in 2021, a majority (69%) of senior executives credit their success during the pandemic to culture. The 2021 Global Culture Survey by PWC interviewed 3,200 leaders and employees worldwide during a period that necessitated major changes for companies around the world. More than two-thirds of respondents said that their … Continue reading Dangers of not taking an active approach to organization culture

1.  What is Organizational Culture: Organizational Culture is the way in which people or employees in an organization relate to each other, their work and the outside world, in comparison with other organizations. Your Organizational Culture definition or Corporate Culture shows how your organization works: how things get done, the interactions between people, and employee relationships to … Continue reading What is Organizational Culture: Importance, Types, Meaning, Definition and how to build it

50% of India leaders agree there is a need to plan for multiple possible futures around the workplace and workforce but cost pressure and the fear of setting a precedent holds them back from taking action. India leaders increasingly agree that the workplace – which in the past was for the people – has now evolved into … Continue reading The Future of Work and Organizational Culture

A 2022 Gallup survey revealed that employee engagement in the U.S. saw its first annual decline in a decade - dropping from 36% engaged employees in 2020 to 34% in 2021. This trend continued into early 2022, falling further to nearly 32%. The drop is significant, since employee engagement has been trending up in recent … Continue reading Strategy or Culture – which comes first?

Organizational change can be a daunting and challenging undertaking, especially for businesses that are already dealing with daily operations. But if managed effectively, it can lead to long-term business success and growth

Although organizational change management processes can help you successfully bring about cultural changes, there are also some common challenges to keep in mind. These include:

Organizational culture change is a difficult and daunting task. It requires strong leadership, clear communication, and strategic planning to ensure that the desired changes are implemented
successfully.

Diversity in the workplace brings with it several benefits- both tangible and intangible. Let’s look at 6 of these benefits in detail:

In 2018, Hofstede Insights had the opportunity to assist Noor Bank’s bank-wide culture transformation. Noor Bank was awarded the prestigious “Best Transformation and Strategy 2019” and CEO John Iossifidis the award for “Best Transformation Leader”.

India is likely to be the world’s fastest growing large economy this year (The Economist, May 2022). There is an ever-increasing number of Indian organisations who are partnering with organisations from other nationalities. Often, the same organisations are simultaneously collaborating and competing in different markets or product segments. In this melting pot of multi-dimensional relationships among … Continue reading M&A and Culture in India

India is a fast-growing economy and in today’s networked world India is increasingly becoming an economic force to recon with. An ever-increasing number of people from halfway around the world are finding themselves across the table (or these days across computer screens!), negotiating business deals with their counterpart coming from this mystic land of apparent … Continue reading Negotiation – The Indian way !

Several years back when I was helping a large Indian multinational company to build one global corporate identity across 20 countries, one of their American leaders told me that recently

GmbH is a large multi-national Automobile design and Manufacturing company headquartered in Germany. In Global Shared Service (GSS) organization

Changing Organizational Culture – why is it so difficult? (Part 2) Clearly before you go about changing the Company culture you need to be equipped with enough data on 2 distinctive stages of your Culture, 1. The Current state of the Culture 2. The Target state of the Culture If one goes around the company … Continue reading Changing Organizational Culture – why is it so difficult? Part -2

Changing Organizational Culture – why is it so difficult? (Part 1) Organizational Culture is all pervasive in an organization. It is intricately woven into every layer of the organization. Built over a period right from its inception, it is shaped and influenced by several elements. Some of them are: Promoter / Founder CEO and the … Continue reading Changing Organizational Culture – why is it so difficult? Part – 1

In a recent survey published in Forbes undertaken by The Alternative Board, 39% of respondents concluded that Management style is the key driver for Organizational or Company Culture. Employee experience weighed in second with 30% respondents and Company reputation garnered 18%. This survey of small businesses across industries also revealed that Business owners impacted culture … Continue reading What are the drivers of Organizational Culture

A recent revealed that most companies look inward for their innovation spark. The Deloitte Innovation Study 2021 surveyed business leaders from the fields of innovation, technology and business functions from a diverse set of industries, sizes and business models. The study reported that many programs kick off their process by looking internally for opportunities to … Continue reading Does your Organization support a culture of innovation?

A 2021 PWC survey revealed that a strong Organizational Culture drives better business outcomes. The overriding consensus is that a 69% of senior leadership surveyed credit much of their success during the pandemic to culture. Almost 70% who said that their organizations were able to adapt over the past year also reported that their culture … Continue reading All you need to know about the different types of Organizational culture

The second edition of Culture Insights, a new video podcast series from Hofstede Insights India addressed a challenge many large organizations are confronted with. Culture Insights will explore evolving trends and the multiple facets of Organizational Culture. At Hofstede Insights we are focused on aligning Organizational Culture with Business Strategy and Purpose.  The second edition … Continue reading Culture Insights – Edition 2: ‘Why an ESG strategy is critical for a ‘future-proof’ corporation’

As a global firm that works with leading corporates in the Organizational Culture space, there’s one question that we get asked a lot – “What is the perfect Organizational Culture?” In March 2022, a report from the company review site Comparably revealed its annual rankings of the companies with the best workplace culture. This ranking … Continue reading What is the optimal Organizational Culture?

A global survey of business leaders and employees by PWC in 2021 revealed that the pandemic has revealed that Organizational culture played a big part in lending companies a competitive edge during this challenging phase. At Hofstede Insights, we believe that leaders determine a great deal of what happens in an organization. This is particularly … Continue reading The Role of leadership in Organizational Culture

According to a report released by the US Business Roundtable in August 2019 Global sustainable investment now tops $30 trillion—up 68 percent since 2014 and tenfold since 2004.The acceleration has been driven by heightened social, governmental, and consumer attention on the broader impact of corporations, as well as by the investors and executives who realise … Continue reading Why you need an optimal Organizational Culture for your ESG strategy to succeed

In the period between May 2020 and June 2021 India registered a total of 116 Industrial accidents in chemical and mining industries across the country. It highlights the need for a culture of safety. Can an optimal Organizational culture drive a culture of safety management? Let’s start by defining safety culture. Safety culture defined According … Continue reading How an optimal organizational culture can drive your safety culture

International Data Corporation (IDC) reported that global spending on the digital transformation (DX) of business practices, products, and organizations is expected to hit $1.8 trillion in 2022, an increase of 17.6% over 2021. According to the latest update to IDC’s Worldwide Digital Transformation Spending Guide, DX spending will sustain this pace of growth over the … Continue reading A successful digital transformation needs an optimal Organizational Culture

We’ve seen a resurgence in interest across the world around Organizational Culture at a time when many large global corporations continue to operate in virtual or blended work environments. Research by Gartner revealed that 70% of HR leaders in a pre-pandemic world were confident they knew the culture their organization needed to propel business performance. … Continue reading Culture – defined

In a global survey conducted with CIOs, respondents stated that fully remote work will likely transition to hybrid work in the future. About 15 to 16 percent stated their companies’ workforce worked remotely prior to the pandemic, and as of late 2020, 34 percent of respondents expected the workforce to be working remotely permanently. By … Continue reading How organizational culture works without an office

The first edition of Culture Insights, the all-new video podcast from Hofstede Insights India addressed a challenge many start-ups are confronted with. Culture Insights will explore evolving trends and the multiple facets of Organizational Culture. The first edition featured Akhilesh Mandal (Managing Director India, Hofstede Insights) in conversation with Manu Parpia (Business Consultant / Former … Continue reading Can start-ups establish the optimal Organizational culture as they scale up Culture Insights – Edition one

A pre-pandemic report by McKinsey predicted that AI has the potential to deliver additional global economic activity of around $13 trillion by 2030, or about 16 percent higher cumulative GDP compared with 2018. This amounts to 1.2 percent additional GDP growth per year. This McKinsey survey was published around the same time as Pernod Ricard, … Continue reading Can AI augment your Organizational Culture?