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Culture & Consequences

Examples from the headlines of how culture and behavior drive critical business outcomes.

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How Norges Handles Mistakes

by Starling Insights

Observations

Mar 15, 2024

In an article published in the Financial Times last month, journalist Robin Wigglesworth explores how Norges Bank Investment Management (NBIM) — Norway's $1.5 trillion sovereign wealth fund — handles and learns from mistakes.

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New York Community Bancorp Finds "Material Weaknesses" in Controls

by Starling Insights

Observations

Mar 04, 2024

Last week, New York Community Bancorp (NYCB) announced that it had replaced its CEO and found "material weaknesses" in its internal controls that govern how loans are reviewed, as reported by the Financial Times.