The Impact of Organizational Culture on Corporate Performance of Multinational Enterprises: A Case of The Hewlett-Packard Company

Citation

Zhou, Xiaona. (2023). The impact of organizational culture on corporate performance of multinational enterprises: A case of The Hewlett-Packard Company. (Master’s independent study). Bangkok: Siam University.

Abstract

As the core of strategic human resource management, performance management advocates the premise of the personal development of employees. So it provides a good idea and way to solve the problem of human resource management of multinational corporations. The objectives of this study were 1). To determine the organizational culture of multinational corporations. 2). To analyze the influence of multinational enterprise organizational culture on enterprise performance. 3). To develop how to improve the organizational culture of a multinational company.

This study used a qualitative research method based on five-element theory, cross-cultural management theory and denison’s organizational culture model. In this context, secondary sources have been used to generate aggregated and curated data and information to address research questions and answer research objectives. Then conduct a case study, aiming at the current situation and existing problems of transnational corporations’ material culture on transnational corporations’ performance management, this paper carefully draws on the relevant theories of performance management and proposes the specific mode and operation method of transnational corporations’ performance management. This study is to take Hewlett-Packard Company as an example to examine the impact of organizational culture on the performance of multinational corporations.

The findings of the study concluded that organizational culture affects the corporate performance of multinational corporations, as reflected by Hewlett-Packard. Existing research shows that many managers of multinational corporations are struggling to develop and implement an effective organizational culture, which contributes to the transformation of corporate performance. It is concluded that the general problem is the lack of strategies to support the formation of an effective organizational culture that can improve the performance of multinational enterprises in different global contexts. The study shows that organizational culture affects every aspect of a company. It serves as a support mechanism that guides the emotions, habits, decisions, and behaviors that affect business performance. Furthermore, it can be concluded that due to the poor development and integration of organizational culture, especially in multinational corporations, most managers have been struggling to drive business excellence initiatives. Managers of multinational corporations play a vital role in studying the different cultures in the work environment that shape how effective organizational cultures are formed.

Keywords: organizational culture, multinational corporations, corporate performance, HP company.

The Impact of Organizational Culture on Corporate Performance of Multinational Enterprises: A Case of The Hewlett-Packard Company

Master of Business Administration (International Program), Siam University, Bangkok, Thailand