The Effect of Organizational Culture on Organizational Performance: the mediating role of Innovativeness in the Case of Cadila Pharmaceuticals (Ethiopia) PLC
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Date
2024-05-17
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A.A.U
Abstract
In today's fiercely competitive markets, innovation stands as a critical factor for a company's success. There's a growing fascination with unraveling the elements that propel innovation forward. Presently, the spotlight is on individuals and their actions, particularly on how the culture
within an organization can either propel innovation to new heights or constrain it, thus impacting the company's overall performance. This paper aims to explore these connections - the independent, dependent, and mediator variables - using data from 205 employees at Cadila Pharmaceuticals Plc. Surveys were given out with a reasonable response rate of over 90%. used fancy analysis tools like Structural Equation Modeling (SEM) with software SPSS 26 and AMOS 21 to dig into the data. The study concluded that organizational culture positively impacts both innovation performance and overall organizational performance at Cadila harmaceuticals (Ethiopia) PLC. Specifically Organizational culture has a significant and positive effect on innovation. The overall model analysis demonstrated that organizational culture positively influences organizational performancefindings. Innovation had the strongest positive effect on
organizational performance, corroborating the relationship study which found a strong link between organizational innovation and performance.From all this, we can say that being innovative helps link certain types of organizational cultures with better performance outcomes. Key words: - Organizational Culture, innovativeness, Organizational Performance