One classic cultural success is the example of Bankers Trust, where Alfred Brittain and Charlie Sanford formed a team that changed the corporate culture from that of a traditional commercial bank, highly valuing a measured pace of decision making, to that of a more transaction-oriented global merchant bank, emphasizing fast reactions, state-of-the-art communications, and sophisticated controls.
Defined contribution retirement plans, in addition to shifting responsibility for investment decision-making onto workers, almost always force workers into higher cost, poorer performing retail oriented investment options.