I’ve written about McKinsey at least twice in this new newsletter, but the removal of the firm’s managing partner by senior partners warrants one more observation.
Read MoreA federal judge ruled this week that when Citibank made a $900 million error in paying interest to holders of loans to Revlon, Inc.
Read MoreThe Boeing 737 MAX crisis provided dramatic lessons for companies, but an amended lawsuit shows the apparent neglect of safety concerns at the board level.
Read MoreWe are forced to ponder how an iconic company, one known for its strong culture and values, could have gone so wrong.
Read MoreThe behavior of Exxon Mobil and other energy producers has been criticized for years for its denial of climate change and global warming—its own brand of fake news.
Read MoreWhenever a company faces a scandal based on serious misconduct, there is a search for the cause of the failure and for actions so the failure does not happen again.
Read MoreAs the chaos of the first week of the year demonstrated, predictions can be easily disrupted, but I identify the ethics risks that should be upfront in corporate thinking.
Read MoreA report this week about a UPS driver who went on a racist rant and refused to deliver a package to a customer with a Latino surname got attention this week.
Read MoreThe litany of scandals reminds us that every executive and board must reduce the frequency of misconduct and the damage to it does to the lives of real people.
Read MoreThe Washington Post revealed that 27 of the largest companies in the U.S., many which increased their profits during the year, laid off some employees.
Read MoreTwo articles caught my particular attention this week, both addressing online cheating where you would least expect it—in chess and cycling.
Read MoreThe repressive measures China imposed has presented Western companies with an unexpected dilemma regarding possible slave labor in their own supply chains.
Read MoreIn my view, the struggle over the deadline for the U.S. Census made it inevitable that field workers would falsify their reports.
Read MoreHow companies responded to the killing of George Floyd and the Black Lives Matter movement during the summer and fall of 2020 showed that corporate values do differ.
Read MoreIn my view, the San Francisco ordinance is a flawed law, but I understand the public frustration at the failure to control inequity between CEO and average worker pay.
Read MoreIf the federal whistleblower program causes companies to act quickly and decisively on internal reports, that this a good thing.
Read MoreEven in the frenetic run-up to the U.S. election of 2020, the news regarding Goldman Sachs this week was electrifying.
Read MoreI dislike one-size-fits-all solutions as much as anyone, but I support these mandates as a forcing mechanism made necessary by a sizable minority.
Read MoreVolkswagen completed a three year “monitorship” designed to change the company’s ethical culture. But did it do enough to change the culture? Not nearly enough.
Read MoreeBay’s grotesque and unrelenting attacks on its critics were documented in extraordinary detail in a New York Times article yesterday.
Read More