The aspects that compose corporate culture include assumptions, values, behaviors, and artifacts. Assumptions of a corporation illustrate their position in relation to their environment. A company has the possibility to be located in a role of service, harmony,

The diversity of the workforce is changing, and in response organizational culture must be sensitive and make provisions to manage it. With the emergence of groups that have different ethnicities, nationalities, backgrounds, and lifestyles, the organization must take careful measures to have a culture that embraces diversity and systematically provide a means to do so while involving organization members.

Turnheim, Joy K. "Culture is the Competitive Advantage of Organizational Culture Sustainable Globally."

Alternative work schedules have also been introduced to satisfy the varying needs of various individuals in the workforce. Especially, with the growing percentage of women, many of whom mothers, making up the employee base for numerous organizations, cultures have expanded to accommodate a generous home-work life balance. With an option such as flextime, a core set of operational hours are set and autonomy is granted to workers for start and end time, they are more able to tailor their work schedule together with personal obligations. In addition, compressed work weeks allow workers to fulfill standard work hours in fewer days with longer hours. These schedules allow employees to have more opportunities to handle person affairs or participate in leisurely activities, that result in fewer overworked and aggravated employees.

To succeed in fast-moving markets, financial services organizations must maintain certain standards and procedures to ensure accurate and ethical behavior. The corporate culture on Wall Street is a professional atmosphere that reflects the high net-worth clientele and sophisticated procedures utilized by the majority of the firms. Characteristic of the culture adopted by the financial services industry there are many policies and procedures that require specific adherence to ensure precision of information and credibility of organizational capabilities. Some of the successful financial organizations on Wall Street employ similar cultural ideals that emphasize the knowledge base and intense demand of the financial marketplace. Formal organization communication systems are well developed to ensure communication flow between operation units. Often times, financial decision making requires the collaboration of numerous departments that supply the research, statistics, foreca!

"Corporate Culture: Intangible- but with an ever-increasing value." Financial Times 1 October 1999.

Finally, the culture of the organization must adjust to conform to the presence of diversity. In order to create a respect for the different backgrounds of individuals in an organization, the culture should promote the sharing of experiences and make provisions to show workers their significance to the business and its operations. The establishment of high performance objectives shows faith in workers capabilities, and the presentation of opportunities for personal development allow workers to be well rounded members of society and therefore satisfied employees.

"Key Questions about Organizational Culture."

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Approximate Word count = 2363
Approximate Pages = 9 (250 words per page double spaced)