Corporate Culture - How corporate culture is formed? - 3.4.2

The factors that influence the formation of corporate culture include:

• The founder of the business - For example the "Bill Gates way" or the "Alan Sugar way" may influence things years after the founder has left
• Size and development stage of the business - small businesses or start-ups may have a far more entrepreneurial culture than large multinationals.
• Leadership and management style
• Employee and management reward structures - For example, at John Lewis staff ('partners') all share in the business's profits
• The external environment, such as legal, economic or social factors - for example, at British Nuclear Fuels, which disposes of nuclear waste, the culture is based firmly on the very tight legal framework which governs how, where and when the company disposes of highly dangerous materials.