Tag: malpractices

When culture and values fail—what next?

When culture and values fail—what next?

The fall of John Stumpf, long serving CEO of Wells Fargo makes good headlines.   Some 5,000 or so employees fired for abusing the trust of the banks’ customers sounds even better.  It seems to show  a management on the war path. Is this the top team riding to the rescue […]

“Ethical fading”: not just a convenient label

“Ethical fading”: not just a convenient label

It’s not immediately obvious what VW, The Labour Party and the South Yorkshire police have in common. Up close though, the similarities are only too clear. All three are currently experiencing serious cases of ethical fading. The latter, described in more detail in a recent post here, occurs when people […]

When executives become Malware

When executives become Malware

“I see this as the most damaging event for our brand in the company’s 140-year history…I don’t think these problems can be overcome overnight.” The picture of Toshiba’s CEO making a ritual deep bow of contrition while cameras whirred and flashed has gone round the world. Hisao Tinaka resigned most […]

Why reputational risk keeps grabbing the limelight

Why reputational risk keeps grabbing the limelight

“The most valuable asset in the capitalist economy is not cash, stock or buildings, but trust.” Economist Intelligence Unit, Risk of Risks What would a serious blow to your company’s reputation cost? This was once a rather academic query–most organisations could afford to consign it to the back burner. Today […]