Revisiting the Corporate Culture of Pakistan: The Rites and Rituals of Corporate Life and Employee Performance

Abstract

The article attempts to investigate the influence of organizational culture on performance of employees in banking sector of Pakistan. The descriptive pattern is used in the study and data is collected through questionnaires. A total of 200 questionnaires were distributed to personnel and company officers by mail and through personal visits. We received back 150 questionnaires indicating a response rate of 75%. Questionnaires, comprising two parts were sent directly to the targeted segments. The 1^st set of Questions pertained to personal and organizational profiles. Second part consisted of twenty questions based on the Denison organizational culture survey concerning employee participation, openness to communication, risk-taking & innovation, customer service orientation and reward system. And the last part related to fourteen questions of employee performance. Regression analysis has been used in the study. The overall model is significant and organizational culture has strong linkage with the employee performance. The study highlights the organizational culture is a vital ingredient in the success of employees. Core organizational culture typically emphasizes special themes such as performance excellence, effective integration, worker’s involvement, and orientation towards organizational objectives.

Keywords: Culture, Employee Performance, Banking Sector