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 […]
Tag: banks
Integrity—we all have it don’t we, or do we?
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 […]
TRUST: THE ACHILLES HEEL OF COMPLIANCE
Around the globe, thousands of compliance staff wrestle daily with the challenge of monitoring, and hopefully shaping employee behaviour. Citi Bank alone claims to have 30,000. Yet there’s an obvious Achilles heel undermining all their efforts—-lack of employee trust. In virtually all ethical scandals, apart from undermining trust at the […]
Ocean-going lessons for ethical business leadership
“Will it make the boat go faster?” This focused query helped 27-year old skipper Brendan Hall win the the 2009/10 around-the- world clipper race with an entirely amateur crew. [1] The equivalent question for ethical leaders is perhaps: “Will it make us a more responsible business?” Basing his leadership approach […]