Managing Corporate Culture for Your Company's Success

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Firoz Patel shares in this presentation some key components of corporate culture that are essential to the company's success.

Corporate culture consists of the shared values, missions, goals and practices of the people in your organization, and how this all contributes to a fully functional society within your organization.

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  • Managing Corporate Culture for Your Company's Success

    1. 1. Why Managing Corporate Culture Is Crucial for a Company’s Success By Firoz Patel
    2. 2. The contents of this presentation are provided strictly for educational and informational purposes, on an “as is” basis, without warranty of any kind. The author and publisher do not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused by the use of the information contained herein. Please consult with your own legal or accounting professional regarding such information. Your viewing or downloading of the presentation implies your acceptance of this disclaimer. Disclaimer www.firozpatel.com
    3. 3. Content at a Glance www.firozpatel.com  Introduction to Corporate Culture  What is Corporate Culture?  Resource How Can Poor Corporate Culture Management Harm Your Company?  Managing Corporate Culture
    4. 4. Introduction to Corporate Culture www.firozpatel.com
    5. 5. As the owner of your business, you have countless responsibilities including but not limited to ensuring that the company runs smoothly, including managing the product, handling the finances and most importantly, your employees. Happy employees will create a comfortable corporate culture. It is important to know what corporate culture is. This will help you manage and enhance your companies overall performance. Introduction to Corporate Culture www.firozpatel.com
    6. 6. What is Corporate Culture? www.firozpatel.com
    7. 7. A company consists of many components, and it is important to recognize the elements that allow it to progress and succeed, these elements will formulate your business' organizational culture. What is Corporate Culture? www.firozpatel.com
    8. 8. Simply put, your company's culture is made up of all the people that work for it. Your employees are the elements; they are invaluable to your business and it is important that they are treated with respect. Unfortunately, difficulties may arise. That is why you need to develop the best strategy to maximize the performance of your corporate culture. What is Corporate Culture? www.firozpatel.com
    9. 9. How Can Poor Corporate Culture Management Harm Your Company? www.firozpatel.com
    10. 10. Having an erratic and uncomfortable corporate culture will put your company at risk for failure. If you are not taking the time to manage your culture, or are not managing it properly, your business segments may deteriorate. As a business owner it is crucial to understand the importance of managing all aspects of your corporate culture. It is crucial to understand the importance of managing all aspects of your corporate culture. How Can Poor Corporate Culture Management Harm Your Company? www.firozpatel.com
    11. 11. Maintaining an appropriate and comfortable environment will enhance your company's performance. It is also important to ensure that hired employees fit in with your company's aura. Employing individuals who lack the required skill set or do not fit in the environment you have created will strain the growth and the success of your business. How Can Poor Corporate Culture Management Harm Your Company? www.firozpatel.com
    12. 12. Managing Corporate Culture www.firozpatel.com
    13. 13. The backbone of your business' behavior are the goals and visions that the entire staff share. Determining the best elements for your structure is crucial to managing your business. Remember, every company has a different atmosphere because everyone works in different ways. Managing Corporate Culture www.firozpatel.com
    14. 14. As a company owner, you need to figure out the best way to run your company. Once you figure that out, it will be easier for you to piece everything else together. Knowing how you want your company to run and what kind of culture setting you want to create will inform your decision as to which types of employees will fit best. Well- suited employees allow you to create proper company goals that are also ideal for your staff. Managing Corporate Culture www.firozpatel.com
    15. 15. For the sake of the company's success, employees need to work together towards a common goal. In order to do this, compromises need to be made. Everyone, including you as the leader, needs to have an open mind and be willing to work productively with others. Managing Corporate Culture www.firozpatel.com
    16. 16. When you create a comfortable setting for your employees to fit in with the company atmosphere, managing your corporate culture is that much easier. As a leader, it is your job to make sure your employees are happy and enthusiastic about their work. Managing Corporate Culture www.firozpatel.com
    17. 17. If you keep this information in mind and understand why properly managing your corporate culture is fundamental to the success of a business, you will create an atmosphere that successfully works for your company. Always remember, maintaining a positive work environment will allow your company to run smoothly, which will in turn promote growth and success. Managing Corporate Culture www.firozpatel.com
    18. 18. Resource www.firozpatel.com
    19. 19. Firoz Patel has managed corporate culture and spearheaded strategic global partnerships for numerous companies. He is the proud recipient of the Quebec Technology Company of the Year in 2010 from benefice.net, finalist for Entrepreneur of the Year Award from Ernst and Young, and the Alpha Award for Excellence in Consumer Products from the Ville Saint Laurent Chamber of Commerce in 2011. For more information, visit www.firozpatel.com Resource www.firozpatel.com
    20. 20. Thank You www.firozpatel.com

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