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As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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How Culture Can Be a Competitive Advantage

How Culture Can Be a Competitive Advantage

by Starling Insights

Starling Insights Editorial Board

May 24, 2023

Observations

Culture & Consequences Culture & Performance Resilience & Culture

In a City A.M. article, Helen Brand, Chief Executive of the Association of Chartered Certified Accountants (ACCA), argued that the recent banking crisis highlighted the importance of risk culture to business resilience and success.

"All too often, risk management is associated with compliance and 'box-ticking,'" she wrote. "Unfortunately, this approach is itself a risk since it causes boards and leadership teams to miss the warning signs of failures waiting to happen. What is needed instead is a strong risk culture, which permeates every level of an organisation."

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