In a speech delivered at a recent industry conference, James Hennessy, Head of the Governance and Culture Reform Initiative at the Federal Reserve Bank of New York, highlighted the progress made in addressing organizational culture within the financial services industry over the past decade.
"Culture has evolved from a somewhat nebulous topic to one that is considered a central component of risk management and business success," Hennessy said. “Looking ahead, technological advances promise to enhance how culture data are collected and interpreted, thereby supporting better diagnosis and interventions, and more desirable outcomes.”
This content is available to paid Members of Starling Insights.
If you are a Member of Starling Insights, you can sign in below to access this item.
If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform. Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.
Join The Discussion
Sign in and be the first to comment.