Impact of Organizational Shared Values and Value Congruence on Organizational Performance: A Study of IT Companies in Bangalore City
Organisational values are the principles and beliefs that help companies build culture and act as a guiding tool in shaping a company’s behaviour. They are the basis for making decisions and prioritising tasks. Also, aligning values is essential for a committed workforce to enhance performance both at individual and organisational levels. The study examines the effect of organisation-shared values and value congruence on organisational performance. This work was done based on a sample assessment of 550 employees working in IT companies in Bangalore. The response was collected using value taxonomy and value congruence statements. HR dimensions of qualitative organisation performance, such as employee sati sfaction, employee morale, turnover and absenteeism, communication, HRM practices, and Top management, were tested using a questionnaire. Regression, correlation, and factor analysis techniques were used to derive the statistical values to support the interpretations. The findings indicated that shared organisational values such as individual values, organisation core values, values about relationships, and societal values have an optimistic impact on the performance of an organisation. Further, the study also revealed that higher congruence values significantly impact organisational performance.
Authors
- Shubha Muralidhar (ORCID: https://orcid.org/0000-0002-5158-3707)
- S Lokapavana
Publication Details
- Journal
- Journal of management and entrepreneurship
- Published
- 2024-12-01
- DOI
- https://doi.org/10.70906/20241803026036
- Primary Topic
- Organizational Leadership and Management Strategies
- Type
- article
- Field-Weighted Citation Impact
- 0.00