Professional Documents
Culture Documents
1. Rationale
Nowadays, corporate culture becomes an important factor in an organization. It
indirectly contributes to the making of any organizations’ success. Especially
in big companies, the culture takes part in enhancing the achievement of the
organization's goals and objectives, while making sure the employees stay
satisfied with their jobs.
Organizations have a unique culture that constitutes an inimitable
organizational competency against its competitors and provides a competitive
advantage (Barney, 1986; Hall, 1993; Peteraf, 1993; Wernerfelt, 1984). As a
result, in today's volatile and ever-changing business environment, the
preeminent leaders know the ways for shaping culture of their organizations
for achieving short and long-term goals (Kuratko & Welsch, 2004).
In today's setting, when the intense competition among traditional
commercial banks and digital banks to take up more market shares and
customer segments arises, the service qualities and customer satisfaction are
the top priorities, human resources becomes vital to any bank. When in
search of the best employees, recruiters would want to hire different people
from diverse cultures, educations, social relations, ideologies, characteristics…
Therefore, corporate culture is the important factor affecting the working
environment that sets each organization apart, aligns with the business’s
visions and creates diverse and unique policies to support those special
characteristics.
So how can banks become the ideal workplace for employees to
commit to in a long term? An ideal working environment is where the human
resources are impacted positively, pushed to extend the developments and
limitations and at the same time improved the human policies to create
satisfaction and minimize turnover, especially the talented and potential staff.
This is especially accurate in this time and place, since more and more
prominent bank names with attractive services appeared everyday.
However, in Vietnam, some companies that succeed in creating the
ideal environment to attract talents and retain the best workforce are the
foreign companies like Samsung and businesses in information technologies,
or multi-business groups such as FPT, VinGroup,... There are a few driving
factors to explain why they can make a difference in comparison to local
companies. Some of those can be listed, such as promoting teamwork,
appreciating innovation and creativity, recognition to individual’s progress
and achievement,... These purpose may not serve the purpose of creating the
best physical working condition, but they totally are for the mental of the
employees, to be dedicated to their work and the success of the organization.
In VietinBank- Hanoi branch, where there are more than 300
employees, it is very important to keep up and improve a prominent business
culture, especially when the staffs have undergone a vigorous hiring process
of selection, testing, and training to be able to work at the bank. After the
pandemic, many employees have to handle the effect of post-pandemic,
which cause a huge amount of employee to stop working. Whether it is the
benefits, the training, the policies or the stable in long term plan are effecting
the commitment to such demanding job, making use of the data from the
employees can be the optimal solution to this context. A research about “The
influence of corporation culture on employee commitment in VietinBank-
Hanoi branch” is crucial to optimize this strategy.
3. Research questions
- Which previous researches and theories are relevant to the topic?
- What factors affect the influence of corporate culture to the employee
commitment in VBH?
- Which factors influence the commitment of employees most?
- How different do demographic factors and culture factors impact the
commitment of employees?
- Which factor is most important to the commitment of the employee? Which
factors have the least impact on the employee’s commitment in VHB?
- What are the appropriate solutions to improve service quality and increase
customer satisfaction for digital banks in the future?
4. Research Overview
4.1. Overview of Corporate Culture
4.1.1. Definition of Culture
Culture plays a crucial role in our social lives. It is important for shaping social
relationships, maintaining and challenging social order, determining how we make sense
of the world and our place in it, and in shaping our everyday actions and experiences in
society. It is composed of both non-material and material things.
British anthropologist Edward Tyler is credited as he comes up with the first (1871)
“modern” definition of culture: “that complex whole which includes knowledge, belief,
arts, morals, law, custom, and any other capabilities and habits acquired by man as a
member of society.” Undoubtedly this definition influenced the shift toward current
dictionary definitions.
UNESCO defines the definition of culture as: “...the set of distinctive spiritual, material,
intellectual and emotional features of society or a social group, that encompasses, not
only art and literature, but lifestyles, ways of living together, value systems, traditions
and beliefs” (UNESCO, 2001).
Meanwhile, Professor, Dr. Ngo Dinh Giao defined culture as “a collection of traditional
values, ideas and beliefs that has been passed down and shared within a country”. He
also stated that “Culture is also a way of life, the ways of thinking passed from
generation to generation. Culture has different meanings for different ethnic groups,
because the cultural concept includes norms, values, customs ... ”
However, according to Professor Tran Ngoc Them, he stated: “Culture is an organic
system of material and spiritual values created by humans and accumulated through
practical activities, in human interaction with the natural environment and society
”(Tran Ngoc Them, Searching for Vietnamese Cultural Identities, Ho Chi Minh City
Publishing House, 1996)
5. Theoretical Framework
5.1. Domestic Research
- Hà Nam Khánh Giao, Bùi Nhất Vương (2016),“ảnh hưởng của các yếu tố VHDN
đến sự gắn bó đến tổ chức của nhân viên công ty cổ phần CMC Telecom ở
TPHCM”
In the article, the authors mention 6 factors in the research model. The results show
factors - in terms of diminishing importance - on Employee Engagement
including: Job Creativity, Teamwork, Training and Development, Reward and
Recognition, Communication within the organization.
5.2.4. Model of Research by Islam, T., Ahmed, I. and Ahmad, U.N.B.U. (2015)
A two-stage approach was applied using structural equation modeling. In the
first stage, confirmatory factor analysis was applied, and in the second stage,
path coefficients were examined. The study found , perceived organizational
support and organizational learning culture were positively associated with
affective commitment but negatively associated with turnover intention. In
addition, structural equation modeling confirms that affective commitment
performs the role of mediator.
Figure: Model of Research by Islam, T., Ahmed, I. and Ahmad, U.N.B.U. (2015)
6.1.2.2. Teamwork
Teamwork may affect a person’s commitment. Teamwork occurs when group
members work together in ways that utilize their skill well to accomplish a purpose
(Schermerhorn, 2003). Teamwork refers to interpersonal activities that facilitate the
achievement of objectives (Colquitt et al., 2009). A person's commitment to the task
will be higher when the goals of organization is important considers and the team
have confidence of ability to achieve (Gary, 2009). Therefore, teamwork is the
willingness and ability to cooperate with others to become a meaningful part of the
team to achieve a solution that is beneficial to all parties so the solid teamwork will
make one's commitment increased to the organization (Purba, 2015). Teamwork can
be achieved when groups develop a sense of shared commitment and synergy among
members. The concept of teamwork is increasingly important as a corporate culture
in order to productivity and employees’ organizational commitment (Boon and
Arumugam, 2006; Sola et al., 2012).
A teamwork leads the persons to understand each other on their tasks in the
organization. Synergy and collaborative teamwork improve their performances. The
teamwork was built in a good atmosphere and will directly harmonize the employees,
with the result that they feel a part of integral to a model of "family" in the organization.
These models will direct the employees to have a high commitment to the
organization in achieving organizational goals.
H2: Teamwork is positively correlated with employee commitment in VBH.
1. Secondary data: Finds ideas and topics through secondary data from
information channels such as the internet, books, newspapers, then select
and refer to documents that contribute to ideas, research topics. assist.
2. Research overview: Find the theoretical bases and research reviews
through topic-related from secondary data and topic decisions.
3. Research model: Draw out the factors affecting the passenger satisfaction
of the topic thanks to the research overview and secondary data.
4. Preliminary interview: To test the intelligibility of the stated definitions
and modify the model, the research team interviewed 3 clients who used
to use the digital banking model
5. Distribution of questionnaires: After the preliminary interview, the
research team build up a questionnaire, and proceed to distribute the
questionnaires directly.
6. Analyzing and assessing the impact of factors: through secondary data, in-
depth interviews and sociological surveys, analyze the data and make an
assessment of the impact of factors by using spss software.
7. In-depth interviews: Through the results obtained, conduct interviews
with 3 bank employees.
8. Recommendations: from data, evaluation of factors give
recommendations and suggestions to improve customer satisfaction.
9. Completion: Synthesize and complete the report.
This topic combines quantitative and qualitative research. When doing quantitative
surveys, the team distributes the survey questionnaires and collects the data to be
analyzed and processed. However, because of the limitation of the number of survey
questions, it is not possible to deeply understand the causes leading to the choices and
assessments of each survey object. Combining qualitative research methods, namely
conducting in-depth interviews with a number of employees, will overcome this
shortcoming to explain the general evaluation trend of bank staff. This also gives a more
general perspective on the current state and policy of the bank. From there, make
conclusions and propose the most complete solution.
7.2.1.2. Interview
Interviews were conducted with the purpose of serving as a basis for adjusting the
wording of the scale, research model and the stated concepts. Apply qualitative
method, conduct interviews with 3 employees at VHB in 5 to 15 minutes.
In general, staff members recognize the factors the research team recommends that
affect customer satisfaction. Such factors include: Communication, Teamwork, Training
and Development, Creativity and Innovation, Policies Fairness and Consistence, Reward
and Recognition and Long-term Vision. When being introduced to definitions of groups
of influencing factors and questions about observed variables, the staff commented that
they were easy to understand. Then edit some expressions to ensure the survey results
will be more reliable with the research topic and more convenient in data analysis in the
following steps.
9. Reference
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Behavior. New York: McGraw-Hill.
2. Danish, R. Q., and Usman, A. ,2010. Impact of reward and recognition on
job satisfaction and motivation: An empirical study from Pakistan.
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3. Gary, Y., 2009. Kepemimpinan dalam Organisasi. Jakarta: Indeks.
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VHDN đến sự gắn bó đến tổ chức của nhân viên công ty cổ phần CMC
Telecom ở TPHCM. Tạp chí Kinh tế - Kỹ thuật, pp.87-101.
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