“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
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
Successful leaders today and in the decades to come must possess triple-threat leadership capability: IQ+EQ+DQ. In other words, they must possess a combination of two familiar attributes — intellect and emotional intelligence — and one that I believe must be recognized and elevated: decency.” Bill Boulding Dean of Duke University – The Fuqua School of Business
Harvard Business Review, 16 July 2019
Chair of the Centre for Policy Development, Terry Moran and CEO and Cranlana Moderator, Travers McLeod’s opinion piece on the Independent Review of the Thodey review.
Companies which are robustly diverse report growing market share 45% more often than their more homogeneous counterparts and are 70% more likely to capture a new market. Varied perspectives, thought patterns and problem-solving approaches produce better solutions. Fostering inclusive meetings to get maximum benefits of diversity is a competitive advantage. Do you know how?
Bioethicists often refer to four basic ethical principles when evaluating the merits and difficulties of medical procedures and research – autonomy, justice, beneficence, and non-maleficence. What happens when you’re not sure whether the research you’re doing is breaching one or more of the bio-ethics principles?
Big Think, 23 October 2019
The 2019 Ethics Index quantifies the perceptions of adult Australians of the overall importance of ethics, and what the actual level of ethical behaviour is, within Australian society, examining various sectors, organisations, occupations, issues and influences across. On Climate Change the message for business leaders is clear – Australians believe they have an urgent ethical obligation to act.
Lawyers Weekly, December 2019
Autonomous cars will be required to make value judgments which must be pre-programmed. What should we tell them to do? To understand decisions human drivers would make before determining the ethical decisions that cars should make, researchers crowdsourced the question by launching a game called Moral Machine in which players are presented with a version of the trolley problem. The results suggest that if billions of driverless cars in the future are all programmed to make the same judgement call, it may be a lot more dangerous for some people to cross the street than others.
The New Yorker, 24 January 2019
Do you take yourself out of your comfort zone often enough? Alumna Kate Chaney, Director of Innovation and Strategy for Anglicare WA, believes that is what’s required to truly innovate. In this article she discusses the benefits of Cranlana for her thinking and leadership. She and Chief Executive (and fellow alumnus) Mark Glasson have made Cranlana “an integral part of the journey for Anglicare WA’s leadership”, with the learnings inherent to their strategic processes.
Business News Western Australia, 17 April 2019
Emilie Prattico offers a framework for action on climate change – justice and deliberation are as important as the science. “While the requirement for scientific and technical expertise about climate change cannot be denied, there are ways to reconcile this reality with the needs for inclusive, democratic processes about climate action. In his theory of deliberative democracy, the German philosopher Jürgen Habermas (1929-) provides a framework within which democratic processes can distinguish between the different dimensions of discourse – scientific-pragmatic and moral-political. In the context of climate change, this means that there are pathways to address the problem that don’t require scientific or technical expertise, and that are geared towards tackling the collective issues it raises democratically.”
Aeon, 18 December 2019
Paul Polman, former CEO of Unilever, is calling on “heroic chief executives willing to step up and move outside of the comfort zone and take personal risks” to drive change in the face of political inaction. “We are now at a point in society where the cost of not acting in these areas is higher than acting.”
The Guardian, 21 July 2019
What is ethical leadership, and why is it important? The Center for Ethical Leadership put it best when they said, “Ethical leadership is knowing your core values and having the courage to live them in all parts of your life in service of the common good.” Here are twelve different ways ethical leadership can make a positive impact on a business and why it’s so important.
Center for Management & Organization Effectiveness
The innocuous-sounding Pernkopf Topographic Anatomy of Man is described by Rabbi Joseph Polak, a Holocaust survivor and professor of health law, as a “moral enigma” because it is derived from “real evil, but can be used in the service of good”. Also known as Pernkopf’s Atlas, and considered to be the best example of anatomical drawings in the world, it’s no longer in print because the book’s findings came from the bodies of hundreds of people killed by the Nazis. The book’s dark past has meant scientists have grappled with the ethics involved in its use. Under what circumstances, if any, could these images be used in the service of healing?
BBC, 19 August 2019