Value of Positive Workplace Culture

In FutureofCIO: Value of positive Culture.   " ... Organizations large or small are transforming from industrial silos to more holistic digital business, but a positive workplace culture is not less important, but more critical, because culture as a collective mind and habit, is the competency to decide business’s long term success. But what’s the correlation between positive workplace and policy, could culture be the very reason for the proliferation of policies or, can a positive workplace culture reduce the number of policies required to manage employees? ...  "