Significance of an Organization's Culture and Values

Organizational Culture and Values
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Organizational Culture and Values

• Organizational culture and values are significant to the performance and growth of any organization
  • They improve workflows and guide the decision-making process.
  • In a healthcare setting, these antecedents improve patient outcomes and employee performance, leading to organizational success.

1.      Purpose of an Organization's Mission, Vision, and Values

Mission

• An organization’s mission is a precise explanation of an organization’s reason for existence, its objectives, and how it plans to achieve these objectives and serve its stakeholders (Qin et al., 2023).  The purpose of a mission is to:

 i.            Communicate the reason behind the company’s formation or existence.
ii.            Create a target for strategic planning and development.
 iii.            Design measurable objectives and goals for assessing the effectiveness of the organization’s strategy (Rego, Araújo, & Serrão, 2016).
 iv.            Define how the organization differs from competitors.
v.            Guide the organization's actions.
vi.            Provide directions for the future.
vii.            Define the organization's strengths and weaknesses.

Vision

• Vision is a future-oriented declaration of the overarching purpose and aspirations of an organization. It describes what the organization will become in the future (Rego et al., 2016). The purpose of the organization's mission and vision is to:

 i.            Describe the organization’s dream and its targeted accomplishments.
 ii.            Design measurable objectives and goals for assessing the effectiveness of the organization’s strategy (Rego, Araújo, & Serrão, 2016).
iii.            State organization’s future aspirations.
 iv.            Engender support from stakeholders.
v.            Inform strategy development.
vi.            Communicate the organization's value and commitment to achieving its goals

Values

• Values are core principles and beliefs that guide and direct the organization and its culture.
• They define what an organization believes in and how employees are expected to behave when ...