Ethical leaders tend to run more profitable companies. Why? One reason is they usually show a strong personal commitment to affecting company culture. Equally important, there’s a positive link between a company with a strong affirming culture, and individual performance. These same leaders will therefore be good at installing or […]
Re-wiring what it means to be an ethical business leader and some of the trends bringing about this change.
A sword of Damocles hangs over the checkers of company accounts. The once comfortable world of auditing lies in disarray. The four largest UK Auditing firms face constant and widespread distrust. There’s concern about the quality of their checking and reporting standards. Nor are the numerous smaller audit firms immune […]
The poet and writer John Donne reminds us about collaboration: “No man is an island, entire of itself.” In our ever more complex and connected world his observation about collaboration applies to any business leader. Effective business leadership demands the exact opposite of being an island. The need to collaborate […]
Reuters the news agency recently called it: “the hottest acronym in asset management.” It was referring to the three letters “ESG” that once triggered a frown on many an executive forehead. Puzzled many asked: “what do these letters mean; why are they so important? ” ESG indeed used to be territory […]
Speaking up: after 32 years, reality finally caught up with Ray Kelvin. Staff put the controversial, long-serving CEO on the spot over “forced hugging.” Some 2,500 staff dared to speak up, signing a petition protesting the CEO’s intrusive actions. After three decades in power the serial hugger reluctantly stepped down […]
“Why should the citizens of this world keep companies around whose sole purpose is the enrichment of a few people?” Paul Polman, the highly successful and far-sighted departing CEO of Unilever. “Society demands that companies “serve a social purpose” Larry Fink, CEO BlackRock, world largest asset manager “In the eyes […]
It has cost $15 million dollars and with nothing to show for it. Except serious reputation damage. Barclays’ CEO Jes Staley tried discovering the identity of a whistle blower. He ran slap into laws designed to protect people who speak up about unethical practices in business. The resulting $15 million […]
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