Organisational Culture and Business Performance in Harmony Ventures and Supplies Limited, Ilorin, Nigeria

Abstract

Organisational culture is the common assumption, belief and natural norm in the workplace. Therefore, understanding this concept is so fundamental to the knowledge of what is going on in the workplace as culture has a powerful impact on any establishment’s innovativeness and long-term effectiveness. This study therefore examined the relationship between organisational culture and business performance in Harmony Ventures and Supplies Limited, Ilorin, Kwara State, Nigeria. The research instrument adopted for the study was structured questionnaire, while Pearson Product Moment correlation inferential statistical method was applied for the data analysis of 252 respondents who completed the questionnaire. Findings of the study showed a significant relationship between clan culture and workplace’s effectiveness (r = .754, p < 0.05). It was also indicated that there was positive and significant relationship between the adhocracy culture and workplace’s effectiveness (r = .754, p < 0.05) in the study area. The study therefore recommended re-shaping of the organisation’s corporate culture in coherence with its strategy and structure. This is by ensuring a pleasant organisational image and concentration more on the adherence of the adhocracy culture.