Harald Krüger, the CEO of car manufacturer BMW, recently said that a no-deal Brexit would be a “lose-lose” scenario. Business leaders like Mr. Krüger rarely voice public opinions about political events in the U.K. Taking a political stance has always been seen as a risky move with little upside.
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When the CEO demonstrates bad behavior, whose “job” is it to do something about it? That any one person in an organization should be its “conscience” is worth thought. Exercising conscience, after all, is the essence of human agency.
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Should organizations worry more about politics or culture? While most organizations rightfully seek to stay apolitical, there is an emerging cultural shift taking place, which makes that no longer possible (depending on your definition of politics).
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Guy Jubb, Honorary Professor at the University of Edinburgh Business School, argues the merits of decoupling CEO and CFO pay criteria; further, that when establishing CFO pay, more attention should be paid to sound internal controls and a professional culture.
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Last week, a McKinsey Global Institute report told us something obvious, and something less obvious. Both are worth the attention of any company, large or small, with a global business—and for those hoping to build one.
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Should decisions within a company be radical or incremental? Often framed as a binary issue, the decision is never that simple. When management decides to implement a change, it is critical to effectively communicate to stakeholders what is being achieved in the short vs the long term.
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How should an organization and its leadership and management deal with a sexual harassment accusation? What are the best practices for responding, both within the organization and publicly? What are the biggest mistakes to avoid?
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Like the Panama Papers, the Paradise Papers give a rare glimpse into the murky, secretive world of offshore tax havens and shell companies owned by the mega-rich.
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“Transparency” is a buzzword that crops up at almost every financial industry conference. But for all the promising talk, the U.K.’s Financial Conduct Authority (FCA) believes that improvements in the asset management industry’s governance and fee structures have yet to be realized.
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