Organizational Culture Of Live Nation Enertainment

Organizational Culture Organizational or corporate nicety is be as the collection of beliefs, expectation, and values learned and sh ard by a corporations members and transmitted from one generation of employees to another (Wheelen, Pg. 149). The Strategic Management and Business Policy moderate also says, corporate culture fulfills several important functions in an organization: 1. Conveys a sense of identity for the employee, 2. Helps generate employee mission 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 propose sense of organizational activities and to use as a maneuver for appropriate behavior (Wheelen, Pg. 149). According to several posts on glassdoor.com, give-up the tactile sensation Nation does not advocate any of that. Naturally, there atomic number 18 pros and cons to every working environment. Glassdoor.com, provide forty-five differ ent reviews with pros, cons, and advice to ranking(prenominal) management. The pros without the reviews consisted of cool industry to work in, free concerts, lissom hours, and great people to work with. The cons by dint ofout the reviews were bad, grand, and worse.

Many young and previous employees complained that the pay was bad compared to the time and work that they were pose 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 zer o beguile 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 on the dot not done here, restricting bonuses to a a few(prenominal) spot 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 wish to get a full essay, order it on our website: OrderCustomPaper.com

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