Identify the key features of the company’s corporate culture: values, principles, and ethical standards in actual use; management practices and organizational policies; atmosphere and spirit embodied in the firm’s work climate; how managers and employees interact and relate to one another; strength of peer pressure to conform and observe norms, actions and behaviors encouraged and rewarded; traditions and stories and “how we do things around here”; and how the firm treats its stakeholders.
Is TOMS Shoes a strong culture company? Why or why not? How will their healthy culture be sustained or how will their an unhealthy culture be changed in order to execute the strategy? Explain.