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The corporate culture that exists at Wells Fargo Bank (WFB) is one of hierarchical. This type of
organizational culture is characterized by authority figures with direct reports, along with clearly
defined roles that are identical even when looking at different functional groups throughout the
organization. This type of culture is predictable and ordinary and does not require much analysis
to understand its inner workings (Uhl-Bien et al., 2021). In terms of their observable culture, the
way that employees behave and the rituals that they observe, it is easy to identify for those not
previously familiar with the company (Uhl-Bien et al., 2021). For example, their company
website for employees is filled with testimonials related to family and work life balance. They
also routinely highlight community projects and other humanitarian efforts around the world that
they support, which signals a strong emphasis on philanthropy. To facilitate innovation within
WFB, a key element would be to focus on other ways of managing the organizations culture. For
example, with their current hierarchical culture, innovation could be hindered by having a
standard approach, rather than collaborative as seen in team cultures. A team culture deviates
from the norm and establishes an environment that is ripe for change. This change alone would
catapult the organization to a different level, provided that a top-down change was not the only
option. If met with resistance to change, WFB could help others to adopt the change simply by
understanding what the change will address and the benefit(s) it will serve (Uhl-Bien et al.,
2021).

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Give me a substantive comment on this postThe corporate culture t.pdf

  • 1. Give me a substantive comment on this post: The corporate culture that exists at Wells Fargo Bank (WFB) is one of hierarchical. This type of organizational culture is characterized by authority figures with direct reports, along with clearly defined roles that are identical even when looking at different functional groups throughout the organization. This type of culture is predictable and ordinary and does not require much analysis to understand its inner workings (Uhl-Bien et al., 2021). In terms of their observable culture, the way that employees behave and the rituals that they observe, it is easy to identify for those not previously familiar with the company (Uhl-Bien et al., 2021). For example, their company website for employees is filled with testimonials related to family and work life balance. They also routinely highlight community projects and other humanitarian efforts around the world that they support, which signals a strong emphasis on philanthropy. To facilitate innovation within WFB, a key element would be to focus on other ways of managing the organizations culture. For example, with their current hierarchical culture, innovation could be hindered by having a standard approach, rather than collaborative as seen in team cultures. A team culture deviates from the norm and establishes an environment that is ripe for change. This change alone would catapult the organization to a different level, provided that a top-down change was not the only option. If met with resistance to change, WFB could help others to adopt the change simply by understanding what the change will address and the benefit(s) it will serve (Uhl-Bien et al., 2021).