The Bank of America and its Corporate Culture

High School ・Business ・APA ・3 Sources

Banks are essential institutions for the economic advancement of a country. The success of The Bank of America can be attributed to its intrinsic and extrinsic doings. This paper focuses at the company’s culture and shows how it has helped them in realizing their success.

The Corporate Culture

The main value of the enterprise is geared towards diversity and inclusion. Based on its standing as a multinational company, the need to embrace changes and ensure for social inclusion is a must for them. By accepting diversity, the company has been able to utilize the globalization trend where different people unite for the corporate good. Their sincerity towards attracting, recruiting and retention of different talent play an important role in its success (Bank of America, 2017).
Similarly, as part of its culture, the company limits control the number of hours its employees spend in the office (The Guardian, 2013). The assumption and belief behind this are that employees would work better after having proper rest. Moreover, their operations are founded on responsible corporate practices, responsible growth, efficient governance, as well as promoting their client’s financial health. In addition to the laid down values, teamwork within the institution is encouraged to ensure the involvement of every employee (Bank of America, 2017).

Conclusion: Impact of Culture on Outcomes

It is through the corporate culture that employees find a favorable platform which allows them to work in close collaboration and synergistically. By embracing diversity, the company opens the door for a talented workforce as well as attracting clients from different social backgrounds. Rather than serving an exclusive market, the company provides services in the various countries, serving different clients regardless of gender, race, ethnicity, or even sexual orientation. It through their corporate culture that they easily attract employees as well as customers and offer their services at a profit. 


Bank of America. (2017). We deliver for clients, communities and shareholders. Retrieved from
Bank of America. (2017). What guides us. Retrieved from
The Guardian. (2013, August 23). Bank of America reviews long-hours culture after intern's death. Retrieved from

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