Companies are increasingly turning up the heat on hiring employees based on whether they are a strong “culture fit” because conventional wisdom is that good culture fit translates to a more productive, and thus more profitable organization. This week, the Sunday New York Times carried an Opinion column that debunked the thesis.

According to the article that was based on researching hiring practices of the country's top investment banks, management consultancies, and law firms, hiring managers have lost sight of what it means to share the same organizational values, and instead are focusing more on personal fit, evaluating people based on hobbies and interests and other non-cultural assessments.

The punch line is that instead of healthy cultural fit, companies are instead experiencing low demographic and cultural diversity. So much for progress.