Changing the culture of a listed company which is under the family grip

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Changing the culture of a listed company which is under the family grip

 

Author: Wu, Tze-chiu Edmond
Title: Changing the culture of a listed company which is under the family grip
Degree: M.B.A.
Year: 1995
Subject: Corporate culture -- China -- Hong Kong
Corporations -- China -- Hong Kong
Hong Kong Polytechnic University -- Dissertations
Department: Dept. of Management
Pages: ix, 96, [11] leaves : ill. ; 30 cm
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1555490
URI: http://theses.lib.polyu.edu.hk/handle/200/456
Abstract: The main objective of this research project is to decipher, analyze and evaluate the compatibility of the existing culture of a company which is under the family grip, Sourfeas Group with its continued growth and ongoing development. Through this study, the writer intended to provide with the top management of Sourfeas Group, the sponsoring party of this research, a better understanding on its cultural crisis as well as the appropriate actions it can take to manage the disharmony. In order to decipher the existing cultures of the company, a culture questionnaire has been adopted to collect the relevant information. Additional data and information were also supplemented by personal interviews and different types of secondary sources. Then, these cultural data were examined in depth according to a set of rationale and analytical framework One of the important findings of the research has shown that a very strong power culture is prevailing in Sourfeas due to its historical factors and leadership. Also, it has revealed that there existed an apparent discrepancy between the prevailing culture and the type of culture preferred by its staff. Indeed, a mixed type of culture comprising both role character and achievement character was preferred by the staff of Sourfeas. A number of option choices to cope with the situation of Sourfeas have been suggested and evaluated in turn. Finally, implementation of cultural change was recommended to the top management of Sourfeas.

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