Increased Focus on Transparency
The new whistleblower laws offers benefits far greater than simply the protection of whistleblowers. Corporate cultures of silence, which nurture the turning of a blind eye to wrong doing, only weakens the organisation’s performance. Strong governance on the other hand, which openly supports the reporting of wrongdoing, is evidence of governance aligned with high performance. …
A story of “leadership dishonesty”
Commissioner Hayne’s report into Misconduct in the Banking, Superannuation and Financial Services Industry is a shameful story of extraordinary leadership dishonesty. Whatever their role – chairman, director, MD/CEO, senior executive, professional advisor, business partner, industry/professional body, or in many of the other capacities, the organisations’ leaders treated people dishonestly. It is an appalling governance story. …
Did Someone Mention Culture …. Again?
Sometimes it is easy to feel that professionally you are flying solo. There is a sense that a bigger game of cat and mouse operates and somehow, you’re the cheese.
It’s easy to observe that governments pass more or stricter regulations to plug loopholes, and employees then find new loopholes which exploit those new regulations; so, Groundhog Day is revisited.
When will enough people say that the fault is not in our laws but with us?