Contrary to popular opinion, there are real, measureable financial benefits to running a “nice guy” business. Jim Nortz explains what it means to be a conscious capitalist, outlines the four tenets firms practicing conscious capitalism follow and provides a roadmap to the type of success its practitioners enjoy. Starbucks, Honda, 3M -- that's good company to keep.
The responsibility for cultivating and maintaining a culture of ethics rests squarely at the top of the org chart. Given that executives set the tone for doing business ethically, perhaps we should be talking more about HOW leaders can foster ethical business practices. Frank Bucaro jump-starts the conversation ...
Some visions lead to groundbreaking innovation; others end up as no more than dramatic fantasies. And it can be difficult to tell in the beginning whether a new vision will be successful or ruinous. Tunnel vision is often the culprit when visions crash and burn… so how do we detect it while there’s still time to adjust focus and course...
Whatever your company's stance on to whom the Corporate Compliance Officer should report, what's not in question is that the CCO must be able to act from a place of authority. Strip the CCO of his power and influence, and your compliance program is bound to fail. Tom Fox walks us through five key indicators that a company is setting...
Despite their loyal followings, rock star CEOs aren't all they're cracked up to be. Personality can only take you so far when your worth is measured by the results you drive. Rock stars tend to be image obsessed, where truer leaders are more self-confident and know the value of collaboration. When we know the traits of real leaders, why do...
Micro-Managers are not just egotistical jerks (ok, some are). The easiest thing in the world is to accuse known or obvious micro-managers of doing so simply to make your life difficult. Many of us feel that they do these things merely to irritate those on their staff, knowing that those same staffs are competent and trustworthy.
So, how do top leaders do it? Studying the top business leaders in various fields allows us to pinpoint the key qualities they share which enables them to achieve success in their business and abundance in their lives. Here are the top qualities of business leaders that you can learn from to improve your leadership skills.
To be successful and to position their employees for success as well, there are some basic principles leaders have to keep in mind. As we lead from day to day, it can be easy to slip into bad habits or old ways of doing things, both of which can be a detriment to the team. Don't lose sight of the...
Is your organization "talent poor," or just afraid to let its people take risks and spearhead change? Does the company lack in influence or in confidence? High self esteem carries individuals and businesses far, but a poverty mentality takes them nowhere good. Decisions made out of fear may keep operations afloat -- for a time -- but those that go...
With ever-changing legislation and ever-increasing regulatory scrutiny, the role of the CCO is continually evolving. Corporate compliance officers served once upon a time as compliance cops, but the scope of the role has grown over the last several years so that now CCOs must be champions within their organizations of a culture of compliance and ethics and more...
An E&C program must be effective -- not necessarily convenient. Does the Chief Ethics and Compliance Officer have enough authority and autonomy? What's being reported to the Board, and does the Board have proper oversight of the E&C program? These are just some of the factors that influence the effectiveness of an E&C program.
If the CRO or risk leader is to be effective and successful in the organization, he must be given full access to the Board, participate in high-level discussions and strategy setting and seen as an equal to the other C-Suite leaders or executives. The company and its leadership must appear to value the risk management function and enable the CRO...
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