question archive 1) How does culture impact the workplace? 2
1) How does culture impact the workplace? 2
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1) How does culture impact the workplace? 2.What is porters Diamond of competitive Advantage?
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- Culture in the workplace is the atmosphere you build for your workers. It is the mixture of leadership, principles, rituals, beliefs, relationships, behaviors and attitudes of your company that contributes to your workplace's emotional and relational environment. In deciding their job satisfaction, relationships and development, culture plays a powerful role. There are basic principles of thought and behaving in every society, and these cultural variations strongly impact beliefs and communication in the workplace. For one individual, what can be considered appropriate and normal in the workplace can be unacceptable to another person. In today's work force, people from different backgrounds bring new ways of thinking, imagination and language skills needed to survive. These diversities in culture can give an organization a competitive advantage in terms of efficiency and productivity. Whereas, when these diversities are properly managed, the result is that, regardless of their differences, all individuals will feel valued and consider themselves important. Moreover, letting culturally diverse employees brainstorm together could lead to bringing to the table a wide selection of solutions. Individuals from different backgrounds and cultures work together, they are exposed to different viewpoints and perspectives. As a result, they become comfortable to hear and in turn, encourage them to share different views and ideas. Conversely, an organization can be adversely impacted by creating an unwelcoming work climate, as such, promoting the values in the workplace does not guarantee that they will be adopted. All in all, workplace culture is an important factor. It determines how pleasant your work environment is or how toxic. It has a direct impact on how the employee fits into the organization and the ability of your organization to attract and retain employees as it shapes the environment in which they operate.
- The Diamond Model of Michael Porter (also known as the National Competitive Advantage of Industries Theory) is a diamond-shaped framework that focuses on explaining why certain industries are internationally competitive within a specific nation, whereas others may not. To analyze the external competitive environment, this model is often used by companies. The relative strength of one company against another can then be explained by this data. A system of four mutually reinforcing factors consists of Porter's Diamond structure: factor conditions, demand conditions, related/supporting industries, and firm strategy, structure and rivalry. If these conditions are favourable, domestic companies will continually innovate and remain internationally competitive as a result. Unfavorable conditions, on the other hand, will result in the inability of these businesses to compete globally.
