At the Japanese electronics giant Canon, CEO has developed an organizational culture that emphasizes science and technology. the focus extends from product development to the way goods are made on the factory floor. Recent innovations have slashed production time and costs. Canon invests billion in R&D and is the world's second largest recipient of new U.S. patents. This orientation has allowed Canon to become a world leader in digital cameras, copiers, printer, and flat-screen TVs.
Today, management at firms like Canon and Toyota seek to build a global organizational culture - an organizational environment that plays a key role in the development and execution of corporate global strategy. Companies that proactively build a global organizational culture.
-value and promote a global perspective in all major initiatives
-value global competence and cross-culture skills among their employees
-adopt a single corporate language for business communication
-promote interdependency between headquarters and subsidiaries
-subscribe to globally accepted ethical standards
Firms aspiring to become truly global seek maintain strong ethical standards in all the markets where they are represented. Ultimately, senior leadership of any company must be held accountable for cultivating an organizational culture that welcomes social responsibility and is deliberate about fulfilling its role. We define corporate social responsibility as operating a business in a manner that meets or exceeds the ethical, legal, commercial, and public expectations of stakeholder (customer, shareholders, employees, and communities). The Global Trend feature elaborates on the role of corporate social responsibility in the multinational firm.
Firms combine visionary leadership with organizational culture to create processes that define how the firm will carry out day-to-day activities in order to achieve company goals.
At the Japanese electronics giant Canon, CEO has developed an organizational culture that emphasizes science and technology. the focus extends from product development to the way goods are made on the factory floor. Recent innovations have slashed production time and costs. Canon invests billion in R&D and is the world's second largest recipient of new U.S. patents. This orientation has allowed Canon to become a world leader in digital cameras, copiers, printer, and flat-screen TVs. Today, management at firms like Canon and Toyota seek to build a global organizational culture - an organizational environment that plays a key role in the development and execution of corporate global strategy. Companies that proactively build a global organizational culture.-value and promote a global perspective in all major initiatives -value global competence and cross-culture skills among their employees-adopt a single corporate language for business communication -promote interdependency between headquarters and subsidiaries-subscribe to globally accepted ethical standardsFirms aspiring to become truly global seek maintain strong ethical standards in all the markets where they are represented. Ultimately, senior leadership of any company must be held accountable for cultivating an organizational culture that welcomes social responsibility and is deliberate about fulfilling its role. We define corporate social responsibility as operating a business in a manner that meets or exceeds the ethical, legal, commercial, and public expectations of stakeholder (customer, shareholders, employees, and communities). The Global Trend feature elaborates on the role of corporate social responsibility in the multinational firm.Firms combine visionary leadership with organizational culture to create processes that define how the firm will carry out day-to-day activities in order to achieve company goals.
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