The fall of John Stumpf, long serving CEO of Wells Fargo makes good headlines. Some 5,000 or so employees fired for abusing the trust of the banks’ customers sounds even better. It seems to show a management on the war path. Is this the top team riding to the rescue […]
Tag: Siemens
Three turbo boosters to keep your company values alive
Most companies claim to have important values. In the best ones these drive the organisation, guiding both direction and culture. Yet as Enron demonstrated, boasting about values is easy. Making them come alive, and sustaining them is far harder. One leading global communication company for example, call its values “Guiding […]
“Ethical fading”: not just a convenient label
It’s not immediately obvious what VW, The Labour Party and the South Yorkshire police have in common. Up close though, the similarities are only too clear. All three are currently experiencing serious cases of ethical fading. The latter, described in more detail in a recent post here, occurs when people […]
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 […]
Means not Ends: Fifth Pillar of Ethical Leadership in Business
This is the fifth pillar of ethical leadership in business Means not just ends The fifth pillar requires a focus on means and not just ends. This is when a leader shows concern with how their organisation achieves its goals, not just the goals themselves. Siemens […]