MBA - 2022

  The Role of Organization Culture in an Organization   What is organizational culture?   Organizational culture is the collection of values, expectations, and practices that guide and inform the actions of all team members.    Types of organizational culture There are four types of Organizational cultures 1.      Clan Culture Clan culture primarily exists in more traditional organizations versus digital ones. Because these companies are often family-owned, there is often a focus on nurturing employees through interpersonal connections or mentoring programs. Of course, this is all done to create the feeling of a true extended family.   2.      Hierarchical Culture Hierarchical cultures also exist in traditional organizations. The businesses have a lot of structure with power and decision-making at the top. As a result, only the C-suite is in charge of making decisions. Consequently, other em...

  EMPLOYEE RETENTION Employee retention  refers to the ability of an organization to retain its  employees . For example, a retention rate of 80% usually indicates that an organization kept 80% of its employees in a given period. However, many consider employee retention as relating to the efforts by which employers attempt to retain the employees in their workforce. Successful employee retention is essential to an organization’s stability, growth and revenue.   WHY EMPLOYEE LEAVES It’s important for organizations to reduce turnover rates.  In order to reduce these rates, organizations must first understand the main reasons employees leave for other positions. Good people don’t leave good organizations—they leave poor managers! 1.      Rude behavior.  Rudeness blame, back-biting, playing favorites and retaliations are among reasons that aggravate employee turnover. Feeling resentful and mistreated is not an enticement for a goo...