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 […]
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 […]
It has cost $15 million dollars and with nothing to show for it. Except serious reputation damage. Barclays’ CEO Jes Staley tried discovering the identity of a whistle blower. He ran slap into laws designed to protect people who speak up about unethical practices in business. The resulting $15 million […]
Artificial intelligence (AI) is already here. At least in a most basic form. Jobs previously doable only by people can now be automated and the trend keeps accelerating. What passes as thinking machines are replacing human tasks and jobs. They are altering the skills organisations want from their people. […]
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 […]
The idea that compliance will take a dive in importance due to a changed US administration is laughable, if it were not affecting some normally quite sane people. It is true Donald Trump seems no fan of compliance and has gone on the record as saying the Foreign Corrupt Practices […]
Martin Shkreli, has been called the most hated man in America. CEO of a tiny company Turing Pharmaceuticals, he had bought the lifesaving prescription drug Daraprim from its owner Impax Laboratories. He promptly hiked the price 5,455% from $13.50 a pill to $750. He has since resigned from his job […]
“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 […]
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