Organizational Culture
Organizational Culture is a term that refers to the everyday environment and emotional climate of a business or other organization. This includes the management style, company policies, personnel interactions, training procedures, language (slang and "insider" words and expressions), etc. It also includes the managerial visions, expectations and beliefs that are passed along to employees.
There are many who believe organizational culture is one of the most critical factors for a company's success. Having a great culture is not a guarantee for company success, but it may increase the probability for success....and certainly makes hiring and retaining great employees easier.