To stay on top of their game, ethical business leaders will find it pays to take a fresh look at their goals, and how to set them The mundane routine of goal-setting gains fresh relevance when it prompts ethical business behavior. The wrong goal can do the opposite, placing an […]
Tag: fraud
Re-wiring what it means to be an ethical business leader
Re-wiring what it means to be an ethical business leader and some of the trends bringing about this change.
Checking the accounts: Who checks the checkers do the right thing?
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 […]
Courage: The 7 areas where ethical leaders in business need to show courage
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 employees […]
Truth—how leaders can protect themselves from disaster
“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 the truth was […]
Fraudsters rebranded —are they just manipulating us again?
Remember Jeffrey Skilling? He was the man who made Enron famous for all the wrong reasons. In 2006 this former chief executive arrived at a courthouse in Texas, for sentencing. He left with 14 years to serve, which a few years later was reduced to 10 years. Skilling is now expected […]
The harsh reality of human resources
BUSINESS PRACTICES In late August 2013, Lucy Adams the BBC’s head of HR resigned without a pay-off. Her decision confirmed the harsh reality underpinning the now expanded scope of HR ethical responsibility. In the parliamentary committee enquiring into BBC severance payments, she was accused of presiding over corporate fraud and […]