European graduates benefit from Aussie alliance

1 JANUARY 2003

While managers put much energy into improving business performance by investing in innovation, increasing product and service quality or through expansion, little effort is given to improving the culture which is the backbone of every organisation’s operation. A Swiss graduate from Charles Sturt University’s (CSU) Doctor of Business Administration program says carefully managing organisational culture can positively influence the company’s bottom line. Dr Patric Maerki is the first graduate to complete his studies through a partnership with CSU and the University of Applied Science in Bern, Switzerland. He devised a way to help manage the aspects of corporate culture influencing business performance. “My research into companies in five different industries showed that corporate culture values such as freedom, risk taking, open and shared communication, and respecting employees can be used to enhance operational performance in innovation, organisational alignment and customer orientation, and to increase profits,” said Dr Maerki. CSU’s distance education program attracted Dr Maerki as he could balance his business commitments with the demands of completing a doctorate while receiving support from a Swiss supervisor.

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