Past distinctions between ‘society’ and ‘the market’ are blurred in ways that present new challenges. Customers, employees, and investors raise an increasingly loud voice, insisting that firms and their leaders take concrete steps towards alleviating social tensions and imbalances – both those predating and those exacerbated throughout the Covid-pandemic.
Observations
Nov 08, 2022The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are investigating Wells Fargo’s diversity hiring practices after an explosive article from The New York Times alleged that the bank held fake interviews with “diverse” candidates.
Observations
Sep 19, 2022by David Rouch
Compendium
May 15, 2022With war in Ukraine rocking the business world, attending to bank culture might seem like fiddling while Rome burns. Yet a firm’s culture is essentially a form of institutional behavioural memory applied to the present. It represents the accumulated collective wisdom of those within the firm, or lack of it, about how to navigate reality successfully. The calamitous reality now pressing itself on firms therefore underscores the continued importance of sound culture ... (cont)
Compendium
May 15, 2022by Gillian Tett
Compendium
May 15, 2022
