However, transaction costs are being dramatically reduced through the application of information technology. Many organizational constructs previously required to transact business are being disintermediated. Most employees are involved in several networks at once, and much of what occurs in organizations has more to do with informal relationships than the formal hierarchy. Generally, organizations are plagued with too much communication, rather than too little. The purpose of culture and of organizations is to empower human beings to resolve common problems.
Impact means making a difference.
Competence means skill, knowledge, experience, and other qualifications. Meaningfulness means harmony with one's own beliefs, ideals, and standards. By definition, conformance to any organizational imperatives and structures that conflict with one's own values leads toward meaninglessness. While we live in an imperfect world, we need not be doomed to failure to learn to strive toward lesser degrees of imperfection. Integrity is willingness to communicate truth, regardless of the consequences for the individual.