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 […]
Tag: strategy
Change culture or die!–the unmistakeable message for banks
In a jargon-ridden study stuffed with technical observations and annoying acronyms, a new report from KPMG concludes the banking industry requires …nothing less than a complete metamorphosis of business models” [1][spacer height=”20px”] The industry needs such a transformation because the cost of bad behaviour is now life threatening. In a […]
Compliance tsar quits: leaves 1300 toilers at Barclays
The much heralded appointment of a super senior compliance Tsar at Barclays, Sir Hector Sants, has ended in stress, sickness, absenteeism and finally a permanent resignation. 1 Apparently he was worn down by his attempts to improve global compliance and had clashed with some colleagues over what had to be […]
Slap in the face for ethical investors
Troubles at the Co-op bank throw yet another spotlight on the merits or otherwise of ethical investing. The Bank previously made a proud name for itself as a leader in setting ethical standards for its investments. Its latest troubles are an unpleasant slap in the face for ethically-minded investors. For […]
Should HR steer clear of ethics?
How central to an organisation is the role of human resources? Much hot air has been expended on this issue, particularly in recent years. It includes whether HR is fully represented at the highest levels, for example at board level, and if not why not. This acquires a new impetus […]
HR and taking an ethical lead
Back in 2010 a PWC report found a growing disconnect between corporate behaviour and ethical conduct. Perceptively it observed this had “triggered a sense that global public trust in business has declined.” [i] Since then events have not exactly moved in the right direction. Numerous examples of bad corporate behaviour, plus […]