Organizational Culture Of Live Nation Enertainment

Organizational Culture Organizational or corporate farming is be as the collection of beliefs, expectation, and values learned and sh ard by a corporations members and transmitted from one genesis of employees to another (Wheelen, Pg. 149). The Strategic Management and Business Policy lenify also says, corporate culture fulfills several important functions in an organization: 1. Conveys a sense of identity for the employee, 2. Helps generate employee direction to something greater than themselves, 3. Adds to the stability of the organization as a lovable system, and 4. Serves as a frame of reference for employees to use to rede sense of organizational activities and to use as a assume for appropriate behavior (Wheelen, Pg. 149). According to several posts on glassdoor.com, give-up the touch Nation does not advocate any of that. Naturally, there atomic number 18 pros and cons to every working environment. Glassdoor.com, provide 45 different reviews with pros, con s, and advice to ranking(prenominal) management. The pros without the reviews consisted of cool industry to work in, free concerts, change hours, and great people to work with. The cons by dint ofout the reviews were bad, afflictive, and worse.

Many new-made and previous employees complained that the pay was bad compared to the time and work that they were place forth and the company has brought matching 401ks, raises, and stock options to a halt. On April 24, 2010, an anonyms current employee posts, Unfortunately, Ive learned the hard way that the very senior(a) executives at Live Nation have zero begui le in retaining talent and has said as much ! through their actions by eliminating the 401k match, keeping salaries fixed year-over-year, proudly stating that annual reviews are besides not done here, restricting bonuses to a a few(prenominal) severalise C-level execs, and leaders purposefully dodging career phylogeny questions (Glassdoor). The terrible of this company is the communication that is supposed to flow through the company. Two...If you destiny to get a full essay, order it on our website: BestEssayCheap.com

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