Culture eats strategy for breakfast!

I posted this quote on Twitter and Facebook yesterday:

"Culture eats strategy for breakfast!"

This was a observation made by management guru Peter Drucker several years ago, and it is still true today.  I posted it because I continue to see large companies line up to claim that they are adopting program x or strategy y to make the company more 'innovative'. When you look behind the curtain, you find that they certainly have adopted new programs, but they continue to overlook the most important element: CULTURE.

It's a sad truth, but they are just burning cash and energy ... while the stated objective remains a distant dream.

Comments welcome.