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 ŠPERKOVÁBasic 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.