Thinking Globally About Integrity, Leadership & Human Behavior

nfl-referee-fiasco-integrity-risk-assessment

When It’s All About The Money, Even The Money Is Lost

Steve Priest reviews the lessons from the NFL referee fiasco and how it relates to the tragic flaw underlying most of our corporations, the relentless drive to improve profitability. This can be good, but sometimes, usually when arrogance overcomes prudence, people and companies do stupid things in the name of profitability.

Ethics And Compliance Lessons From Greg Smith’s Goldman Sachs Resignation Letter

Ethics And Compliance Lessons From Greg Smith’s Goldman Sachs Resignation Letter

The March 14 resignation announcement by Goldman Sachs’ executive Greg Smith is already being widely discussed as an indictment of the business practices of Wall Street in general and Goldman Sachs in particular. Good. Just as the outgoing tide of recession and financial catastrophe exposed underlying problems, the rising tide of stock prices and Wall Street profits hides them. ...

Ethics & Compliance Forecast For 2012 – Part 2

Our crystal ball of ethics and compliance predictions has never been cloudier than at the end of 2011. Political priorities and public perceptions of institutions are traditionally predictive of the ethics and compliance environment. This year, however, inclement weather has been coming from all corners of the globe. In the absence of clear signals, the […]

compliance and ethics forecast

Ethics & Compliance Forecast For 2012 – Part 1

Our crystal ball of ethics and compliance predictions has never been cloudier than at the end of 2011. Political priorities and public perceptions of institutions are traditionally predictive of the ethics and compliance environment. This year, however, inclement weather has been coming from all corners of the globe. In the absence of clear signals, the […]

Ethics: Walking the Walk and Talking the Talk

Global Compliance's Steve Priest narrates a widely told story about Robert Galvin, the second tech legend that died this month, to illustrate the impact that a positive ethical story can have on a company's employees.

“Do You Know How Many People Would Like To Have Your Job?”

“Do you know how many people would like to have your job?” is a pervasive phrase today that reflects a callous attitude of managers. Saying the phrase raises two risks that Global Compliance’s Steve Priest explores, one of which is illustrated by a recent turn of events at an Amazon warehouse.

risk-assessment-standards

Is Your Supplier Compliance Program A Joke?

“You know those supplier audits are a joke,” Sammy told me earlier this year, over our second bottle of Taiwan Beer and a bowl of meatball dumplings in a Taipei hole in the wall. “We know when they are coming, and we make sure everything is ready for the audit. And others simply bribe the low-paid auditors.” Global Compliance's Steve ...

Changing A Culture of Corruption in India

A not-so-secret secret: your people in India do not much care about the Foreign Corrupt Practices Act or the U.K. Anti-Bribery Act. Sure, they will go through the motions of compliance, primarily because they want to keep the good jobs you offer. But it hasn’t been real. That said, the culture might be changing. Founder of ELG and senior advisor ...