Organizational culture includes an organization's expectations, experiences, philosophy, as well as the values that guide member behavior, and is expressed in member self-image, inner workings, interactions with the outside world, and future expectations. Culture is based on shared attitudes, beliefs, customs, and written and unwritten rules that have been developed over time and are considered valid
"Culture eats strategy for breakfast" - and lunch and dinner so we think. The statement made famous by Peter Drucker speaks to the importance of culture in its impact on tangible results.
The importance of corporate culture is now widely recognized by boards, but translating this understanding into focused action remains a challenge. Additionally culture has traditionally been left to HR executives to hold but a culture strategy that is owned by the executive and all members of the organisation is more likely to have an impact.
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