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7 - From Compliance to an Engaging Corporate Culture

Published online by Cambridge University Press:  16 November 2022

Jordi Canals
Jordi Canals
Affiliation:
IESE Business School, Barcelona
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Summary

Effective boards should evolve from their emphasis from compliance and box-ticking to promoting a healthy corporate culture that underpins individual and corporate behavior. This is the theme examined in Chapter 7. Corporate culture can serve as a driver of employee engagement, inspiration and creativity and competitive advantage. This is a delicate issue: The board does not define corporate culture, yet can still enhance and protect it, and ensure the company possesses a culture that fosters collaboration, customer orientation, initiative, accountability, transparency, diversity, inclusiveness and integrity, all of them qualities that help develop the organization for the long term.

Keywords

boards of directorscorporate cultureboard’s cultureculture and purpose
Type
Chapter
Information
Boards of Directors in Disruptive Times
Improving Corporate Governance Effectiveness
 , pp. 254 - 284
Publisher: Cambridge University Press
Print publication year: 2022

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