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 […]
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 […]
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, […]
How do you stop a risk from becoming a crisis? Most business leaders know that various risks can segue into a crisis at any time and they want answers. Two main causes create such a change. First, there’s the familiar boiled frog syndrome. What seems a trivial issue quietly builds from […]
Revelations about the PR firm Bell Pottinger, again raise the issue of what exactly is an ethical business leader? Reports suggest this firm earned £100,000 a month in fees, running a secret campaign to stir up racial tension on behalf of its billionaire clients. Now the firm’s own future is […]
All business leaders need to show courage in the role. If you’re an employee of pharma giant GSK, a new metric is about to enter your life. CEO Emma Walmsley wants to start judging your performance in the company on the new measure of “courage.” Courage matters for ordinary […]
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 […]
“There is a chronic culture of lying. We can’t possibly trust such a company. Shame on you.” Angry shareholder at a recent Toshiba meeting When Toshiba’s CEO recently tried putting a positive spin on the state of the company’s finances, distressed shareholders drowned him out. It seemed […]
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