Creating corporate culture

After going through this interview about creating corporate cultures I found it very interesting and I have somethings to contribute about the same

What's the secret to building a great organization? How do you sustain consistent growth, profits, and service in an industry that can literally change overnight? And how do you build a culture of commitment and performance when the notion of loyalty seems like a quaint anachronism?

How about if we told people what we know or at least what we think we know? Scary thought isn't it? What about the alternative? You see, communication will occur. The only question is, do you want to participate in the communication or leave it to the rumor mill, looking sneaky or worse in the process?

Corporate culture is gaining recognition as an untapped asset for managers and companies alike. The right corporate biology--the optimal balance of people and culture--can mean the difference between success and failure.

Teamwork and cooperation between workers can be of substantial value to a firm, yet firms often difer in their level of worker cooperation

Imagine what would happen if the top management in a company overnight became ill and couldn’t work for, say, three months? Would such a company be paralyzed? Would it cease operating? Probably not, provided the company is basically healthy.

An organization can achieve balance and attain success in the marketplace by building a high-involvement culture that provides autonomy and moves decision making down through the organizational structure. In such an environment, employees have a high degree of involvement and ownership in their work. 

Leaders need a sophisticated understanding of corporate culture, and powerful tools for rallying executives and middle managers to work effectively with cultural variables.