The Impact of Organizational Culture on Corporate Performance

The Impact of Organizational Culture on Corporate Performance by Tewodros Bayeh Tedla MS, California State University, 2013 MBA, Unity University, 2009 BS, Unity University, 2006 Doctoral Study Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Business Administration Walden University June 2016 Abstract Lack of effective organizational culture and poor cultural integration in the corporate group affect organizational performance and decrease shareholders return. The purpose of this exploratory case study was to explore successful strategies that one corporate group used to establish an effective organizational culture to improve performance. The Denison organizational culture model served as the conceptual framework for the study.Lack of effective organizational culture and poor cultural integration in the corporate group affect organizational performance and decrease shareholders return. The purpose of this exploratory case study was to explore successful strategies that one corporate group used to establish an effective organizational culture to improve performance. The Denison organizational culture model served as the conceptual framework for the study. A purposive sample of 20 senior managers from a corporate group in Ethiopia participated in semistructured face-to-face interviews. The selected participant met the criteria of a minimum 5 years of experience with successful strategies in establishing an effective organizational culture in the corporate group. The interview data were transcribed, categorized, and coded; they were subsequently member checked and triangulated to increase the trustworthiness of interpretations. The findings included a well-defined mission that attributed to developing shared understanding between employees and managers, and employee-focused leadership that contributed to motivating employees. Core corporate value findings included the well-being of the society through self-regulated corporate social responsibility. The findings identified in this study could have potential for economic growth in the local economy and may contribute to social change with strategies business managers may use to sustain their business and improve the life standards of employees and the local community. The Impact of Organizational Culture on Corporate Performance by Tewodros Bayeh Tedla MS, California State University, 2013 MBA, Unity University, 2009 BS, Unity University, 2006 Doctoral Study Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Business Administration Walden University June 2016 Dedication This study is dedicated to Dr. Arega Yirdaw, for his generous support, encouragement, and making my educational dream a reality. I also dedicate this study to my loving wife, Berhanayehu Arega, and my son, Thomas Tewodros Tedla, for their unconditional love and support. Acknowledgments The completion of this doctoral study would not have been possible without the support of Dr. Arega Yirdaw; thank you so much for your generous help and inspiration. I acknowledge and appreciate Dr. Sheikh Mohamed Hussein Ali Al-Amoudi for my doctoral degree financial support. I would like to thank my loving wife, Berhanayehu Arega, and my son, Thomas Tewodros Tedla, for their help, understanding, and encouragement. I would also like to thank Ms. Rekik Aemero and Ms. Yodit Bekele for their support and help during my data collection. I extend my deepest gratitude to the study participants for sharing their outstanding work experience and knowledge for this study. I would also like to thank all family members and friends for their encouragement, and moral support during my doctoral study. I would like to thank my mentor and doctoral committee chair, Dr. Charless Needham, for his outstanding direction, help, and scholastic guidance throughout my doctoral study journey. The time and effort he gave me were essential; he was always willing, available, and ready to help me. I would also like to thank my doctoral committee members, Dr. Tim Truitt, and Dr. Roger Mayer, for their valuable and timely feedback and direction on my doctoral study. I acknowledge and appreciate the Walden University leadership, particularly the DBA program director Dr. Freda Turner, and her faculty staff Fred Walker, Dr. James Savard, and Dr. Gene Fusch for their outstanding support, encouragement, and quick responses when I needed their help.