“It doesn’t matter how strong your opinions are. If you don’t use your power for positive change, you are, indeed, part of the problem.” – Coretta Scott King
The purpose of the Cranlana Centre is to strengthen wise and courageous leadership. We do it so that our alumni will walk out our doors and make change. In all their spheres of influence.
Dan Price, co-founder and CEO of Gravity Payments, became “angry that the world had become such an unequal place” during a conversation with a friend who was struggling financially, and “suddenly it struck him that he was part of the problem.”
BBC News, 28 February 2020
What makes an effective leader? Sunnie Giles asked 195 leaders in 15 countries and over 30 global organisations to choose the 15 most important leadership competencies from a list of 74. The most highly rated at 67% is ‘high ethical and moral standards’. Find out why acting on this to create a safe environment is what Sunnie Giles describes as the number one job for leaders.
via Harvard Business Review, 15 March 2016
Every year, in the second or third week of January, Larry Fink, Chairman and CEO of Black Rock, writes a letter to CEOs of the world. As one of, if not the, largest investors in the world – BlackRock oversees $7 trillion – these letters have impact. CEOs and Boards pay attention, and they react. As the New York Time’s Michael Barbaro says, his letters have ‘a kind of biblical quality in the world of business.’ This year Larry Fink has addressed the climate crisis.
via The New York Times, 24 February 2020
As the Covid-19 crisis escalates, governments around the world are announcing policies to stop the spread and soften the financial impact on companies and workers. However, the global response has thus far ignored how the outbreak will affect a group of people who over the past decade have become an essential cornerstone of urban life: gig workers.
When the spread slows, some of the world’s most powerful will have to answer serious questions about how societies, economies and global structures currently operate and how sustainable our way of life really is.
CNN, 8 March 2020
One of our Moderators, Jean Ker Walsh, found that “having recently retired from my corporate role, I’ve had a couple of experiences causing me to reflect on how women are listened to when there is no title suggesting an authoritative voice. I was prompted to revisit Mary Beard’s essay on The Public Voice of Women.
“…we need to go back to some first principles about the nature of spoken authority,” Beard says, “about what constitutes it, and how we have learned to hear authority where we do.” Her essay is a short, yet provocative, read. I recommend it: Women and power: A Manifesto.”
Philosophy was once a woman’s world, ranging across Asia, Africa and Latin America. The female-inclusive and non-European perspective on the history of philosophy carried on in Europe for hundreds of years. Then, within one generation, it was removed from the canon. What impact has this had on how we think about ourselves, and build our systems?
via Aeon Media, 23 November 2018
Amia Srinivasan is the first woman and youngest person to be appointed Chichele Professor of social and political theory at Oxford University. Her essay talks about what the extraordinary mind of the octopus might tell us about intelligence, evolution and much else besides.
via London Review of Books, 7 September 2017
Who do you trust? How have we lost it, how could we regain it, and how can we reinstate integrity and truth. Hamish Macdonald is joined by Katie Allen, Jacqui Lambie, Clare O’Neil, Simon McKeon and Jack Manning Bancroft.
via ABC Q&A, 17 February 2020
“To put Australia on the path to to the most prosperous future…requires a new way of thinking and a new type of leadership which cuts across all walks of life in our great country,” says CSIRO Chief Executive Dr Larry Marshall. One of the keys to achieving a positive Outlook Vision is to rebuild trust in Australian business, institutions and government.
via CSIRO 2019
Sometimes automation creates jobs and sometimes it destroys them. The point is that automation reshapes the workplace in much subtler ways than “a robot took my job.” Are creativity and human skills really enough to set us apart? The answer is yes, and no. Leaders need to recognise the difference and guide their actions accordingly.
via Medium/Future Crunch, 13 February 2020
“If I could teach only one value to live by, it would be this: Success will come and go, but integrity is forever. Integrity means doing the right thing at all times and in all circumstances, whether or not anyone is watching. It takes having the courage to do the right thing, no matter what the consequences will be. Building a reputation of integrity takes years, but it takes only a second to lose, so never allow yourself to ever do anything that would damage your integrity.”
Forbes, 28 November 2012
Firms face a more challenging environment. Non-financial factors will increasingly need to be incorporated into core business strategies. This will involve new measurement frameworks, greater scrutiny, and careful consideration of the balance between profits and purpose.
via Reaction, 25 November 2019
When the report of the Financial Services Royal Commission was handed down more than a year ago, it was a shock to the system. But have practices in finance or any other sector actually changed?
In evidence to the Commission, former Treasury Secretary and NAB chair Dr Ken Henry pondered whether the cause of business misconduct might be capitalism itself. “The capitalist model is that businesses have no responsibility other than to maximise profits for shareholders,” said Henry. The consequence of this mindset, he argued, is that customers are treated in an instrumental fashion: as a means to profit rather than as human beings with rights and interests. This same might be said for the environment, or animals. If profit is King, who or what plays the role of serf?
In this audio interview Professor Elizabeth Sheedy discusses the new study of unethical behaviour in major organisations she co-authored.
Radio National, 12 February 2020
Billionaire Warren Buffett advises leaders when selecting top talent to most keenly value integrity of all traits.
“We look for three things when we hire people. We look for intelligence, we look for initiative or energy, and we look for integrity. And if they don’t have the latter, the first two will kill you, because if you’re going to get someone without integrity, you want them lazy and dumb.”
This article explored six fundamental traits embodied by leaders with integrity.
Inc, 6 February 2020
“The question really is not whether we’ll be tied to the somethings of our past, but whether we are courageous enough to be tied to the whole of them.” In his opening statement in the US to a House hearing on H.R. 40, a bill that would establish a commission to study reparations, Ta-nehisi Coates’ argument that ‘Until we reckon with our compounding moral debts, America will never be whole’ has resonance in Australia, and will be familiar to Executive Colloquium participants who grapple with the realities, responsibilities and consequences of slavery and civil rights through the writings of Gribble, Martin Luther King, Jr and Stan Grant, among others.
The Atlantic, 19 June 2019
Physicists are more likely to describe women as ethical scientists, but in ways that potentially limit their productivity and competitiveness according to a paper published in Science and Engineering Ethics.
Inside Higher Ed, 24 February 2017
Recognising the benefits of board diversity, Goldman Sachs has announced that, from 1 July 2020, it won’t take any company public unless it has at least one “diverse” board member in 2020, and two in 2021.
New York Post, 23 January 2020
This year twelve Cranlana Centre alumni were awarded Australia Day Honours, recognising their contribution to building a just, prosperous and sustainable society. We offer our warmest congratulations to each on these well deserved awards.
Companies today face adaptive challenges. Changes in societies, markets, customers, competition, and technology around the globe are forcing organizations to clarify their values, develop new strategies, and learn new ways of operating. Adaptive problems are often systemic problems with no ready answers.
Harvard Business Review, December 2001
A well developed ethical framework encompasses both the professional and personal. Knowing what you stand for and what you will allow is vital. For leaders taking strong stances on issues such as sexual misconduct in the workplace there could be the extra benefit of contributing to more ethical corporate culture in general, as suggested by a 2019 study which showed a link between marital infidelity and professional misconduct.
Science Daily, 30 July 2019