Contents

• Executive Summary 2
• Introduction 2
• Organizational Culture: Definition 2
• Strong and Weak Cultures 2
• Culture’s Functions 2
• Culture as a Liability 2
• Creating and Sustaining Culture 2
• Selection 2
• Top Management 2
• Socialization 2
• Ethics and Decision making process 2
• Building an ethical organization 2
• Team decision making 2
• Managing Team Culture 2
• Conclusion 2
• References 2

Description

The present business climate is marred with corporate failures due to unethical behaviour on part of the individuals, teams within organization. Organizations have failed to protect the stakeholder interest as by not providing an ethical corporate culture. Here, we will see how culture plays an integral role within an organization. We will look at various types of cultures which exist within organization and how organization can build and sustain a particular type of culture. We further move on to understand how ethics is important for building a sustainable organization and protecting the stakeholders. We look at how organizations which promote ethical conduct amongst its employee can achieve ethical decision making by individuals and teams. Finally, we see how important a role team decision making plays in the organization. We will study the impact of ethical conduct being promoted by an organization on the team decision making process and different ways of managing the team culture. This will be followed by conclusion from the study.