Corporate culture must be pure and pristine for it to not only give the highest productivity but also to ensure the sustainability of the entity over a long-term time scale. Organisations decay and die if they pay no attention to the development of a healthy working culture within the institution. Corporate manners will always remain the determining factor for establishing a sound corporate environment. Culture must be anchored in impregnable good manners.

The question that demands an answer is: who is empowered to create “Corporate Culture”? It is undoubtedly the Board of Directors who, in conjunction with the CEO and senior management, determine the contours of the environment they wish to establish in the entity. People act and react in consonance with the nature of the organisation. A board that is a prey to progress at any cost, or a senior management that acts against reason, cannot create a positive environment for all to perform at their best. Managerial impotence against greed, selfish desire to swallow in material growth, with compromises, shall remain a stumbling block in the development of an acceptable culture. A management that is willing to dance with no inhibitions to the dictates of the owner/stakeholder is equally guilty of promoting sycophancy in the culture of the organisation. CEOs who love to hear, “All is well,” actually indulge in digging their own........

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