Purpose – an Undeservedly Neglected Element of the Proclaimed Organizational Culture among Real Estate Companies in Bulgaria Cover Image

Целта-ориентир – незаслужено пренебрегван елемент на провъзгласената организационна култура сред компаниите от сектор Недвижими имоти в България
Purpose – an Undeservedly Neglected Element of the Proclaimed Organizational Culture among Real Estate Companies in Bulgaria

Author(s): Kiril Dimitrov
Subject(s): Economy, Business Economy / Management, Business Ethics
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: organizational culture; corporate culture; proclaimed organizational culture; professed firm culture; strategic management; purpose

Summary/Abstract: The current article outlines some key and emerging nuances in the meaning of the term “purpose” that may be effectively used by senior managers of real estate companies in Bulgaria as a useful element in the designed specific structure and content of the proclaimed organizational culture. The organizational purpose is also described by means of disclosing its relationships with other close constructs within the wholeness of the system elements of the professed firm culture. A new, contemporary definition of the construct “purpose” is grounded. Recommendations are proposed to the managers of how to apply smartly the purpose as a part of their “first step” in the sphere of their strategic management endeavors for the business organization.

  • Issue Year: VII/2023
  • Issue No: 1
  • Page Range: 16-28
  • Page Count: 13
  • Language: Bulgarian