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Regulation Can't Fix Culture: When a whole industry is at a crossroads

Regulation Can't Fix Culture: When a whole industry is at a crossroads

Season 1 Episode 33 Published 7 years, 4 months ago
Description

Episode #33 // The Royal Commission into Misconduct in the Banking, Superannuation, and

Financial Services Industry held in Australia over the last year or so uncovered

some incredible breaches of law, of regulations, of ethics, and of trust. It has

poured fuel on the fire of the growing discontent that the general public has for

big business and large institutions.


So how do we fix it?


This episode looks at the findings of the Hayne Royal Commission (hopefully, with

a slightly more balanced perspective than some of the hysterical political

discourse surrounding the Commission).


The issues uncovered are not confined to the finance sector, and certainly not to

Australia. Will we heed the ‘wake-up call’ that Hayne has given the big business

community?


Will we, as leaders, commit to doing the hard work on people and culture that will

ensure these types of issues don’t become a problem in our own organisations?



Download The 5 Rules of Thumb for Creating an Ethical Culture for free at www.yourceomentor.com/episode33

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