CORPORATE CULTURE AND ITS ROLE IN TALENTS' MANAGEMENT

Abstract

The choice of 'getting' talent - to bring them up in-house or attract from outside - is closely connected with corporate culture. The article describes organizational (corporate) culture as a sphere of displaying spiritual and material life of the team, the code of behaviour, rituals, fixed standards of products being put out, dress code, etc. The development of corporate culture plays an important role in designing the system of talents' management. By analyzing corporate culture the authors show that getting talented workers' return is impossible without close links between talents' management and strategy of business development.

Keywords

• corporate values
• corporate culture tools
• managing changes in corporate culture
• cultural compatibility