“Culture eats strategy for breakfast.” That quote is often attributed to the legendary management guru Peter Drucker. Whatever its provenance, it has a ring of truth.
Corporate culture, which encompasses the mission, values, beliefs, norms and behaviours that guide companies’ decisions and defines their personality, is the foundation on which their fortunes are built or lost. No matter how impressive their strategy may be, if the people executing it are operating in a culture of complacency, recklessness, dishonesty, deception and secrecy, the strategy will fail.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you