ACCA BT Syllabus B. Organisational Structure, Culture, Governance and Sustainability - Factors that shape Culture of Organisation - Notes ^{2 / 3}

The six major influences on the culture of an organisation

1. Size

   – how large is the organisation in terms of turnover, physical size and employee numbers

2. Technology

   – how technologically advanced is the organisation either in terms of its products, or its productive processes

3. Diversity

   – how diverse is the company either in terms of product range, geographical spread or cultural make-up of its stakeholders

4. Age

   – how old is the business or the managers of the business – how experienced are the strategic level decision makers

5. History

   – what worked in the past? Do decision makers have past successes to draw upon; are they willing to learn from their mistakes?

6. Ownership

   – is the organisation owned by a sole trader? Are there a small number of institutional shareholders or are there large numbers of small shareholders?