Culture And Culture: The Importance Of Culture

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December 2007, was a year we will not soon forget, the economy saw a huge decline in the economy and the housing and stock markets crashed. During the next several years, we would see many small businesses and large companies closing, and if they weren’t closing they were letting people go in order to survive. This created a huge sense of fear and uncertainty for many employees. During this time of crisis, organizations had to figure out how to keep their employees motivated when organizations are facing turbulent times, fears of further layoffs affect morale. Organizations also had to find ways to retain their talent when promotions and raises were few and far between. Unmistakably, Culture became something essential for many companies, and relied on it more than ever in order to endure the storm and run a successful business.
Today I will be informing you about the meaning of culture, and how a leader …show more content…

Our economy has grown and unemployment is at 4.6% for the month of November, 2016, compared to 2009 & 2010 where it reached 10%. (Bureau of Labor Statistics). As you can see this gives many organizations more reasons to concentrate on their culture, why? Because they now have to fight for talent, organizations also have to make sure that they are able to retain talent in their organizations. When an organization focuses on their values, communication and performance, talent and innovation grows and employees tend to stick around for the long haul. Researching about culture has helped me see how an organization can care about their employees and still be able to perform and be successful. It is extremely important that a leader or manager takes the time to see their employees as a team, and that as a leader you help your employees grow and become the best version of themselves. If they do that they will help the organization transform to the best version, and reach its full

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