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 […]
Thieves recently stole 143 million consumer records from credit reporting company Equifax. Claimed to be the worst data breach ever, the company’s response met widespread disdain. Regarded as dishonest, and lacking in transparency in business , one critic labels it “Full of vague cover-your-ass statements at the exact moment when […]
Culture tips: The ultimate company money makers. True, it’s never been a short cut to an instant fortune. If you’re after that, launch a new security app that’s to die for. Meanwhile, most businesses just want to do well. They don’t expect to conquer the world, simply to succeed on […]
To say no to new business sounds slightly crazy. Especially when it promises to be highly profitable. Growth, new prospects, risky but lucrative choices, all tend to be fatally attractive. Small or new companies find it almost impossible to turn down new business, such as a prospective client. Or to […]
Travis Kalanick, Uber’s combative, and arrogant CEO is no model ethical leader. His apparent “shock horror” at finding lack of respect for employees as rampant under his regime does not convince. To Kalanick, business results out rank everything else. Integrity seems in short supply. Whether its treatment of women or […]
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 […]
Most companies claim to have important values. In the best ones these drive the organisation, guiding both direction and culture. Yet as Enron demonstrated, boasting about values is easy. Making them come alive, and sustaining them is far harder. One leading global communication company for example, call its values “Guiding […]
Time to go easy on the banks, argues the head of the CBI. Let’s take bankers “off the naughty step.” How persuasive is this plea in behalf of a much tainted profession? No too convincing say some: “A little longer on the naughty step will benefit the banks” went […]
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