Managerial Culture - Factor of Influence of Performance

Managerial culture directly influences the performance of an entity in both positive and negative ways. A strong managerial culture determines the performance of the entity, the credibility of managers by promoting their values, beliefs, attitudes and behaviours. This article intends to identify and analyse the managerial culture as well as develop a way to measure performance adapted to the Romanian socio-economic reality. The results show that creating an effective performance appraisal system within the organization must be a well-articulated process, with a clear definition of roles and objectives for all stakeholders