Making sense of ethical leadership
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 […]
“Sustainable investing will be a core component for how everyone invests. We are only at the early stages.” When the boss of the world’s largest asset management company routinely thinks in terms of Environmental, Social and Governance factors (ESG) then other CEO’s would be sensible to take notice. It makes […]
Recently, PayPal killed the accounts of anyone pushing racist views. “You have to have the courage to make those decisions” PayPal CEO Dan Schulman.” The action shows how ethical leaders can take relevant actions to promote social responsibility by their companies and key stakeholders. Echoing these concerns about social responsibility, […]
“Data ethics” hardly has the ring of romance. Or of great urgency. Yet business leaders world-wide face a minefield. They must traverse it with their integrity in tact. It’s no longer a matter of personal choice of whether or not they want to enter this territory. There are new persistent, […]
James Comey, the ex FBI director continues to arouse extreme reactions about his particular form of leadership and ethical performance. At the start of his recent book A Higher Loyalty, he expounds at length about ethical leadership. It’s good to see this topic receive an airing from someone who, in […]
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