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 […]
Tag: Governance
Staying relevant—why ethical business leaders must keep adapting and evolving
“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 […]
Boiled frogs and lightening strikes—how leaders can combat the risk
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 […]
Can we measure trustworthy business behavior?
Guest post from Barbara Brooks Kimmel, CEO & Cofounder Trust across America-Trust around the World Where does trust come from, what does it really mean, and why is it so important in business? As a former CEO once told me, most leaders are too busy dousing day-to-day fires to give […]
The 8 Trends shaping the future of GRC
Peering into the future is a mugs game. Get it right and nobody will remember your perceptive insights. Get it wrong and it’s probably too late for anyone to care. Still, somebody must try to clear the undergrowth a bit. Some effort needs to be made to see ahead and […]
When executives become Malware
“I see this as the most damaging event for our brand in the company’s 140-year history…I don’t think these problems can be overcome overnight.” The picture of Toshiba’s CEO making a ritual deep bow of contrition while cameras whirred and flashed has gone round the world. Hisao Tinaka resigned most […]
Does your compliance training make an ethical difference?
Training takes a large slice of of most companies’ compliance budgets, anything from a quarter to a half. So is it effective? [1] Measuring training effectiveness remains a weakness of many conventional L&D programmes and compliance and ethical training seems no different. However, the escalating cost of compliance work is […]
Exclusive: Interview with “Reputation Risk” author
Andrew discusses with Andrea Bonime-Blanc, CEO of GEC Risk Advisory, her new handbook on: Reputation Risk–in an age of hyper-transparency. See also Analysis: our review of her new handbook–due December 11th. “Why did you decide to write this book now, as opposed to say a year or so back–what has changed […]