ompany Culture – how to create your organisational values What is company culture and why does it matter? Google the word ‘culture’ and it returns 429 million results in 0.07 seconds (EDIT, as of 2012: 1,500+). Still a hot topic 15 years on from when Lloyds and TSB conducted one of their first ‘company culture audits’ to see how the merger would really work, creating an ‘enviable culture’ will probably be on the list of priorities, if performance and success is a desired outcome for your organisation.