Question

What is the impact of structure culture and leadership in formulation corporate strategy?

Answer 1

In the corporate sector, culture and strategy may be influenced by each other. In most of the cases, the corporate formulation is dependent on the type of national culture, the industry type, the organisational culture type, the adopted strategy, and the extent up to which the employees are engaged in the organisation.

Corporate culture helps in shaping the behavior of the organization and its individual parts. Therefore, it is influenced by how the corporate strategy will be implemented.

Answer 2

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❏Organizational culture includes the shared beliefs, norms and values within an organization. It sets the foundation for strategy.

❏For a strategy within an organization to develop and be implemented successfully, it must fully align with the organizational culture.