In a recent report for the Centre for Climate Engagement, Tina Mavraki, a Strategic Advisor to the group, explores how cultural failures spread throughout an organization and ultimately lead to poor financial performance.
"Many banks that are lurching from crisis to crisis realise that corporate culture has something to do with it," she explains. “However, they can't seem to get the conversation past the early stage of corporate values. They also tend to get lost in symptoms which make them no better off in their daily practices.”
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