MGMT 371 1nd Edition Lecture 2 Outline of Last Lecture II. Management Definitiona. Components of Organizational Componentsb. Management Skillsc. Manager’s RolesIII. Management Perspectivesa. Classical b. Humanisticc. Management ScienceIV. Recent Management Trendsa. Systems Theoryb. Contingency Viewc. Total Quality Management Outline of Current Lecture II. Corporate Culture Definitiona. Corporate Culture Environmentsi. Generalii. Taskiii. InternalIII. Three Levels of Corporate Culturea. Surface Levelb. Deeper Levelc. Deepest LevelIV. Types of Corporate Culturea. Adaptabilityb. Achievementc. Involvementd. ConsistencyCurrent LectureChapter 3 - Corporate Culture- Culture: a set of key values, beliefs, understandings, and norms that members of an organization shareThese notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.o Corporate culture is like the 800 lb gorilla that cannot be moved or forced to change easilyo A person learns a certain corporate culture through experience -> must adapt to the present corporate cultureo Cultural Environments include: General- Technologies- Natural- Economics- Legal/Political- International Task- Customers- Competitors- Suppliers- Labor Market Internal- Organization culture- Employees- Management- Three levels of Corporate Culture1. Surface Level: visible artifacts such as dress, layout, symbols, slogans, ceremonies2. Deeper Level: expressed values and beliefs3. Deepest Level: underlying assumptions and beliefs (EX. People care about one another like a family)- Types of Corporate Cultureso Adaptability: supports ability to interpret and translate signals into new behavior responseso Achievement: results orientated, values competitiveness, personal initiative, and achievemento Involvement: Values meeting needs of employees, cooperation, and equalityo Consistency: values methodological, rational, and orderly