Corporate Excellence: A Comparative Study between Public Sector and Private Sector Organizations on Organizational Culture and Managerial Effectiveness

The evolving nature of organizations along with failure, downsizing merger and acquisition call for strategic planning efforts in terms of soft issues in the organizations. They need entrepreneurial behavior that needs the illicit that need high degree of employee's achievement motivation to achieve excellence. The corporate excellence is the combination of people, system, products and marketing excellence. Out of these people excellence is important because it has direct bearing on systems, products and marketing. Achieving excellence requires managerial effectiveness and positive organizational culture. Effective managers can exert high responsibility in turn will contribute substantial in making organization excellent. Managers can be effective only when there is a positive work culture to create a congenial environment to make the organization excellent. Since the publication of Peter and Waterman (1982) report on McKinsey's study of excellent American companies, organizational culture has been a hot topic of discussion amongst organizational theorists and management practitioners. A strong organizational culture facilitates coordination and communication over the competitors Attempt has been made to examine the three variables (organizational culture, managerial effectiveness and corporate excellence) in an integrated way. Therefore the fundamental issue guiding this study is to look more specifically the possible disparity between public and private organizations in terms of organizational culture and leadership style and its effect on the organization's performance in the Indian context.