Sports apparel company Under Armour instituted a new policy in 2018 that in my opinion wins as the best new corporate policy of 2018. According to the Wall Street Journal, Under Armour’s chief financial officer sent employees an email explaining that Under Armour would no longer reimburse expenses for adult entertainment, limousine services and gambling….
Over the last couple of years, media reports about Uber exemplified a corporate culture without concern for following the law, acting ethically or just otherwise being a decent corporate citizen. Some examples: Uber has faced allegations of sexual harassment in its executive ranks and allegations of failing to manage drivers accused of improper behavior. …
According to a recent DOJ non-prosecution agreement (NPA) with Credit Suisse Hong Kong, the popular Take Our Daughters and Sons to Work Day got a little twisted. According to the facts in the NPA, the daughter of a high-ranking Chinese foreign official took her mom on her Credit Suisse business trips. This was possible because…
Former Defense Secretary Donald Rumsfeld, when speaking about the Iraq War, took a lot of “writ” for saying there are unknown unknowns and that the unknown unknowns are difficult to manage. No doubt it is a weird statement on its face. But, most folks who manage risk for a living understand that the unknown unknowns…
Can hand soap and flowers really tell us about a business, its culture and its values? Short answer – yes. But before I get to that, a little background on culture from an ethics and compliance perspective. Business folks at times will ask me, why in the world do we even have to have an…