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| Organizational Culture and Corporate Performance: Empirical Study From Nigeria |
Okoh Lucky, Omogbiya Shulammite O.
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Abstract:
The purpose of this research article is to examine various concepts on organizational culture and strives to ascertain the impact of organizational culture on corporate performance. The study adopted survey research design. The population of this study was anchored on selected employees of Nigerian commercial banks. Primary data were used for this study. Data were collected through a questionnaire that was administered to the selected respondents. The two hypothesis proffered were tested and the results showed that positive and significant relationships exist between organizational culture and corporate performance. The conclusion drawn from the study is that organizational culture plays a vital role in an organization’s general performance. The study, however, recommended that organizational culture must be binding on all members and staff of the organization and this will encourage uniformity among members of the organization and thus enhance commitment and group efficiency. It also recommended a situation where an organizational culture must be changed, employees must first of all be notified and made to learn the modification of the old culture as this will affect their performance as well as the general performance of the organization and a host of other measures for effective organizational culture.
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