Does corporate culture really impact the bottom line?
Briefly

Does corporate culture really impact the bottom line?
"From the report: The findings are very clear: there is little evidence consistently linking organizational culture to performance, but if such a link should exist, it is very weak and too small to be practically meaningful. As such, organizations and practitioners should be careful spending time and money on company-wide culture change programs as they are not likely to increase performance."
"Why the myth persists Leaders cling to the idea that culture drives results because it feels controllable. You can write new values, host an off-site, or hire a chief culture officer. It's far easier to reprint the employee handbook than to rewire incentives, decision-making, or priorities. Culture talk offers the illusion of progress-something visible, moral, and manageable-while the real performance drivers remain untouched."
A 2022 meta-analysis of over 500 studies found little consistent evidence linking organizational culture to performance; any existing link is very weak and practically negligible. Despite that, 92% of executives believe improving culture increases company value, prompting large investments in culture programs. Leaders favor visible, controllable interventions like new values, off-sites, or chief culture officers because those feel easier than changing incentives, decision processes, or priorities. Culture is an emergent outcome of how decisions are made, what behaviors are rewarded or punished, and what the organizational system makes easy or hard.
Read at Fast Company
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