How to Build a Healthy Corporate Culture

Abstract

Corporate culture refers to a set of shared beliefs, values, and behaviors shared within the organization. Corporate culture differs across organizations, depending on the national culture, the industrial sector, the company size, and the leadership. An increasing number of organizations have incorporated business ethics into their corporate culture. Building an ethical corporate culture can raise employee morale, reduce misconduct, and improve corporate brand. The failure to address business ethics may result in the organization’s collapse. To build an ethical corporate culture, management should model their behaviors to promote business ethics. In addition to setting up good role models, the human resources department should provide necessary training to enhance employees’ understanding of the organization’s business ethics and corporate culture.