The Impact Of Organizational Culture On Working Of...

Organizational culture is an important parameter in relation to the fact that it has the capability to influence organizational failure and success. Various empirical research studies have been carried out to uncover the impact of organizational culture on working of organizations. In the viewpoint of Chokkar et al (2014), it is important to consider the parameter of cross cultural business as well. Culture is a significant concept and there are a lot of considerations that need to be considered. This section of the research study reviews various concepts in relation to organizational culture with special reference to how it acts as a bridge between organizational management and associates. This is due to the fact the parameter of†¦show more content†¦It is the need of the hour to consider holistic revamp of the organizational culture so that it becomes extremely customer friendly and to further prevent any kinds of scandals. Barclays bank is relatively newer player in the c ontext of its Indian operations. In reference to Indian environment, it had to confront a lot of challenges such as managing an extremely diverse workforce and others. It had significant operational losses and poor responses of locals in relation to retail banking forced the organization to take an exit path from India. This research study uncovers the kind of work culture that Barclays bank need to set up in order to not only sustain but thrive in Indian market and augments its financial service business arm in India. It is a given fact that organizations that have a strong culture have higher chances of accomplishing success. It is important that associates work in group so that they undertake their responsibilities in a better manner. Overall productivity of the organization will also augment. It is equally important in today’s context to have people centred culture. In the viewpoint of Davis (2012), there are five key elements that need to be in place for having a people process culture which have been elaborated as under- †¢ Organization’s core values should be drafted with a people first intention and there should be a clear