J 2024

THE INFLUENCE OF A STRONG CORPORATE CULTURE ON THE COMPANY´S POSITION IN A COMPETITIVE ENVIRONMENT

NOVÁKOVÁ, Renata; Renata SKÝPALOVÁ; Zdeněk MÁLEK and Radka ŠPERKOVÁ

Basic information

Original name

THE INFLUENCE OF A STRONG CORPORATE CULTURE ON THE COMPANY´S POSITION IN A COMPETITIVE ENVIRONMENT

Authors

NOVÁKOVÁ, Renata; Renata SKÝPALOVÁ; Zdeněk MÁLEK and Radka ŠPERKOVÁ

Edition

Economy & Business, 2024, 1314-7242

Other information

Language

English

Type of outcome

Article in a journal

Field of Study

50204 Business and management

Country of publisher

Bulgaria

Confidentiality degree

is not subject to a state or trade secret

References:

Marked to be transferred to RIV

Yes

Organization unit

Ambis University

Keywords in English

corporate culture; company´s position; employees and customers; strong identity

Tags

Changed: 10/3/2026 15:58, Ing. Kateřina Lendrová

Abstract

In the original language

The heart of every organization is corporate culture. Like this important organ of the human body, corporate culture can be strong, weak, and show signs of malfunctioning. If a person's heart fails, his life ends, if a company's corporate culture fails, its entire functioning within the competitive environment is threatened. A strong corporate culture is usually identified by the mission, values, motivation and loyalty of employees and customers. A weak corporate culture manifests itself in low morale, increased turnover, insufficient innovation, talent loss and a bad reputation. The content of our contribution will be how corporate culture can positively and negatively influence the functioning of the organization and what all can have an impact on these facts. Changes in the business environment are associated with changes in the setting and priorities of corporate cultures. Currently, completely new and specifically focused corporate cultures are emerging that are innovative and progressive.