How Does Culture Affect What Managers Do?

Houston-based Apache Corp. has become one of the best performers in the independent oil drilling business because it has fashioned a culture that values risk taking and quick decision making. Potential hires are judged on how much initiative they’ve shown in getting projects done at other companies. And company employees are handsomely rewarded if they meet profit and production goals.39 Because an organization’s culture constrains what they can and cannot do and how they manage, it’s particularly relevant to managers. Such constraints are rarely explicit. They’re not written down. It’s unlikely ...

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