Organizational Culture

The culture that exists within an organization, which is established by its leadership and perpetuated by a variety of processes.

✅  Related keywords: hierarchy, collaboration, cross-functional teams, innovation culture

📖  What is Organizational Culture?

The culture that exists within an organization, which is established by its leadership and perpetuated by a variety of processes and activities. Organizational cultures that are more favourable for innovation are usually horizontal and highly collaborative, with many cross-functional teams and a strong sense of shared mission and values. Examples of companies with such cultures include Google and Twitter.

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More Innovation Glossaries

Innovation Diffusion Curve

Innovation Diffusion Curve

A graphical representation of the adoption of an innovation over time, often showing the stages of early adopters, early majority, late majority, and laggards.

R&D Spending

R&D Spending is the amount of money a company spends on research and development in a given period to innovate new products.

Inventory

Inventory is a measurement of the items a company uses to facilitate its operations.

Top Organizational Culture Resources

Looking at Closed versus Open Innovation

Open innovation has revolutionized the modern market. Though it is not a one-size-fits-all strategy, industries are recognizing the need to employ alternative innovation methods.

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