Today’s organizational is predominantly dynamic that pose enormous opportunities and challenges to the corporate practitioners and policy makers. Understanding such dynamism is very crucial to pursue the organizational strategic objectives. The primary aim of this paper is to examine the impact of organizational culture on employee performance and productivity from the perspectives of multinational companies operating especially under the telecommunication sector of Bangladesh in South Asia. The paper has applied qualitative methodology focusing on a case study of Grameenphone (GP) (a subsidiary of Teleron in Norway), the leading telecommunication based subsidairy in Bangladesh. The paper argues that organizational culture significantly influences employee performance and productivity in the dynamic emerging context.