Corporate Culture & the Ted Lasso Way

Ted Lasso

There is a sub-culture of compliance professionals out there who adore “Ted Lasso,” the Apple TV drama about an American football coach leading a British soccer team. I have delightful news for this crowd: the most recent episode included a scene about Ted’s coaching style that speak perfectly to how a corporate culture should work.…

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Survey: Pandemic Ordeal Boosts Corporate Culture

vaccination

LRN has released the 2022 edition of its annual Ethics & Compliance Program Effectiveness Report, finding that most companies’ ethical culture has emerged stronger than ever thanks to two years of the Covid-19 pandemic.  LRN polled nearly 1,200 ethics, compliance, and legal officers at corporations around the world, most of them with 1,000 employees or…

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Corporate Culture: Speak Up vs. Listen Up

culture

The other week I had the privilege of hosting a webinar on cultivating a speakup corporate culture. Given how important that is for corporate success — and how many organizations either mishandle their speakup culture, or reject the premise that a speakup culture matters entirely — today let’s consider some of the points raised in…

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Corporate Culture and Human Capital Disclosures

training

Corporations are now starting to file their annual reports for 2020, and this is the first year that most of those businesses need to include new disclosures about the importance of “human capital” to their operations. I wondered whether those disclosures would include anything about ethics and compliance efforts, so today let’s take a look.…

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Fighting Ethical Disconnects in Corporate Culture

values

Well, it’s happened again: managers at a large company did something contradictory to a good corporate culture and common social mores, and made the company look terrible to the public.  U.S. Bank, welcome to the hot seat.  You may have seen the article in the New York Times that started all this. Nicholas Kristof, a…

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How Pressure Invades Corporate Culture

boeing

Boeing was perhaps the biggest corporate compliance story of 2019, and we see no signs of that changing so far in 2020. This weekend we had another glimpse into the flawed corporate culture there that ultimately caused Boeing’s disaster with the 737 MAX jets. So let’s take another look at the lessons others can learn…

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Great Speech About Improving Corporate Culture

culture

William Dudley, president of the Federal Reserve Bank of New York, gave a superb speech in London today about corporate culture and how to push the banking industry to higher standards of good conduct. Anyone who cares about corporate culture, regardless of whether you’re in the banking sector or not, should give his comments a…

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Why Corporate Culture Is So Maddening a Challenge

culture

I don’t know that corporations will ever “solve” the predicament of building and maintaining an ethical corporate culture—but an excellent new report from the International Corporate Governance Network at least sheds more light on how intractable the problem is. The report summarizes a recent roundtable the ICGN held with the Institute of Business Ethics and…

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Scorching Report on FDIC’s Flawed Culture

The Federal Deposit Insurance Corp., one of the primary banking regulators in the United States, has released a blistering report about the agency’s own failure to uphold a culture of compliance, workplace respect, and accountability. Ethics and compliance professionals have so much to digest here we’ll need to explore it all over the course of…

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SEC Nails Activision on Culture Oversight

Activision

Activision-Blizzard has agreed to pay $35 million to settle charges from the Securities and Exchange Commission that the company didn’t have adequate processes to warn investors about its poor corporate culture. The company also settled charges that it violated whistleblower protection rules. The settlement was announced Friday morning, and I fear that this case may…

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