Failure in maintaining an effective workplace culture can allow toxic sub-cultures to emerge and even dominate an organization.
Observations
May 22, 2023In a recent Financial Times article, Evgueni Ivantsov, Chairman of the European Risk Management Council, argued that, while the collapses of Silicon Valley Bank (SVB) and Credit Suisse appear to be very different on the surface, the root cause for each was toxic culture and mismanagement of strategic risk.
Observations
Nov 18, 2022Bloomberg recently reported that, in 2020, Goldman Sachs agreed to a more than $12 million settlement with a partner who had accused several executives, including CEO David Solomon, of making misogynistic comments.
