Question

Discuss the role of corporate culture in strategy execution. You may use your own employer or any company as a real example.

Answer 1

Formulating strategy and its planning is essential for any organization’s success. It is important for an organization to be efficient in achieving goals with the help of strategy. For the successful execution of the same , organizational culture is one of the determinant as it facilitates the change. It also helps in fostering a sense of ownership and accountability at every level in an organization. Thus, organizational culture leads to successful strategy execution, by being flexible and understandable by each employee in an organization. For example, to bring any transformational change in the organization, it is critical to have top management commitment. This in turn helps in building effective team collaboration and commitment to achieve goals and objectives. Therefore, the overall atmosphere build by each employee leads to the improved execution of the strategy and greater performance.