Why “Culture Eats Strategy for Lunch” Should Be Your Corporate Mantra
If you’re looking to improve your company’s performance, you may have heard the phrase “culture eats strategy for lunch.” This means that a company’s culture is more important than its strategy in determining its success. But why is this the case?
The Importance of Culture
A company’s culture refers to its shared values, attitudes, beliefs, and practices. It is the way things are done within the organization, and it can have a significant impact on employee behavior and attitudes. When employees feel valued and supported, they are more likely to be engaged, productive, and motivated to do their best work.
The Limitations of Strategy
Of course, having a strong strategy is important for any business. A good strategy can help a company identify opportunities and make wise decisions about how to allocate resources. However, a strategy alone is not enough to ensure success. If an organization’s culture does not support its strategy, employees may not be motivated to implement it effectively. In fact, a toxic or dysfunctional culture can undermine even the best strategy.
Examples of Culture’s Impact
There are numerous examples of companies whose cultures have played a significant role in their success or failure. For instance, Google is known for its innovative and collaborative culture, which has helped it attract and retain some of the best talent in the tech industry. On the other hand, companies like Enron and Wells Fargo have struggled due to toxic cultures that allowed unethical behavior to thrive.
Nurturing Your Company’s Culture
So how can you ensure that your company’s culture supports its strategy? One key is to focus on values that align with your goals and mission. For instance, if you value innovation, you might encourage employees to take risks and experiment with new ideas. Another important factor is leadership. Leaders set the tone for the organization and can influence its culture through their behavior and actions.
The Bottom Line
In conclusion, culture is a critical factor in determining a company’s success. While strategy is important, it is not enough on its own. By nurturing a positive and supportive culture, businesses can create an environment where employees are motivated and engaged, leading to improved performance and outcomes.
