Is it necessary for the culture of an organization to keep pace with the rapid changes?

Definitely… our case study on Lexington Labs is an excellent example where the earlier culture generated admirable sales numbers. When changes in the regulation and selections of drugs changed, Lexington Labs did not make the necessary organizational changes to support the changing environment. In fact the CEO even noted how their major competitor Cutler used a team approach to sales and they were very successful. Sounds like time for a new CEO who is awake.