Failure in maintaining an effective workplace culture can allow toxic sub-cultures to emerge and even dominate an organization.
Observations
Jan 10, 2023ICYMI: As we've seen in the banking sector, many organizations looking to account for culture and conduct risks properly have established new roles and initiatives. For example, the Canadian Armed Forces have undertaken a "fundamental shift" in how they manage organizational culture, led by Lt.-Gen. Jennie Carignan, chief of professional conduct and culture.
Observations
Aug 26, 2022Among its global peers, the UK Financial Conduct Authority (FCA) has been at the fore in asserting the importance of firm culture. Seen as shaping outcomes for the 50,000 firms it oversees — and for their stakeholders — the FCA in recent years elevated firm culture as a matter that warrants supervisory attention. In this regard, employee sentiment has been of particular interest.
by Brad Karp
Compendium
May 15, 2022