Culture is consistently seen as culprit amidst continuing risk governance failures among firms, as well as in troubling lapses on the part of the auditors and regulators relied upon to assure market integrity. Culture is thus considered to be a critical governance priority – for private and public entities equally – and particularly so in the financial sector.
Observations
May 16, 2025In a recent opinion article in the Australian Financial Review, journalist Joyce Moullakis raises serious concerns about Macquarie Group's risk management standards, following new licence conditions imposed by the Australian Securities & Investments Commission (ASIC).
by Amy Edmondson, Gillian Tett, Jamie Fiore Higgins
Video
Dec 04, 2024In this video installment, we explore the concept of "normalization of deviance," and its implications for managing complex organizations. (10 min)
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