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- Culture Eats Strategy for Lunch
Core Values are the most important strategic building blocks for the culture of an enterprise that are built through the merging of newly built or acquired small businesses.
Culture evolves throughout the life of an organization and is continuously changing as the organization matures. If a solid foundation is not well-established at the inception of the business, the culture will be shaped and influenced by the people who come and go from the organization — from both the management and employee sides.
In the absence of established, documented and actively used Core Values, the organization will lose the opportunity to scale. Hospitals acquired without a cultural fit assessment will resist most post-acquisition changes and will not likely buy into any new processes that are initiated by the parent organization. The worst-case scenario — employees will burn out and leave.