Industrial Assignment Example | Topics and Well Written Essays - 3000 words

Industrial - Assignment Example The root level meaning of culture is to nurture and cultivate. Values and beliefs to certain extent cannot be differentiated since they are internal to an individual. Beliefs and values are most integral component within an individual that governs their overall behaviour. Values basically includes analyzing what is wrong or right and staying truthful to others. This factor greatly influences attitude and behaviour of a person. There are certain common values for business such as community involvement, innovation and fairness. Beliefs and values are in-built within an individual and this drives their overall culture. Values can also be incorporated by getting influenced by a social group. Every individual possesses a set of values and beliefs which one follows for life-long. Organizational culture, values and beliefs play a significant role in terms of building a corporate image. Culture clearly reflects the execution of business operations in an organization (Boxall and Purcell, 2003 ). Organizational value helps to structure set of behaviours which is shared amongst all team members. This aspect distinguishes one organization from others. Values not only enhance commercial value but even enable workforce importance in a firm. For instance, some companies are focused on achieving high performance standards and some are aligned with developing a participative work culture. Hence values are different in both these organizations and this creates different corporate images. This can be observed in real world scenario where some firms are regarded as high performance workplace and some companies are denoted as following appropriate work culture in terms of employee motivation or level of job satisfaction. An organization’s importance is totally dependent on its set of values and beliefs. For example, a firm can be inclined towards seeking high revenue margins whereas another firm might be closely knitted with achieving higher level of