Posts Tagged ‘boards’
What Are The Ethical Responsibilities of Boards?
Are you contemplating joining a Board? Perhaps you’re taking up your first board role this year. Or are you an old hand, and member of many? Board membership can be prestigious, and a chance to support an organisation you believe in. By lending your experience and wisdom you can make a significant impact. It can be professionally and personally satisfying. It can also be a risk to your reputation and legacy if that Board or organisation misbehaves.
1 February 2020
See More‘Psychological Safety’ Needed Between Boards and C-suites
The boards that are steering their company in the right direction during the pandemic have a common thread, according to Vanessa Pigrum, chief executive at Cranlana Centre for Ethical Leadership.
A lot of this success, she says, has to do with communication and understanding.
“Each board is idiosyncratic,” she tells Investment Magazine. “But if I could generalise to some extent, the organisations that are handling this well have a strong, robust relationship between the executives and the board.”
Alongside the need for effective relationships, Pigrum cited the balance between ethics and business survivability as the major concern executives are dealing with in the pandemic.
Investment Magazine, 5 October 2020
See MoreHow COVID-19 Is Creating New Ethical Dilemmas For Business Leaders
Ethical business leadership has become more important than ever in an era of social media and consumers that are willing to vote with their wallets.
Whether an issue of discrimination, sexual harassment, environmental damage or financial misconduct, allegations of unethical behaviour within a business can destroy years – even decades – of built-up community trust.
Now, the COVID-19 pandemic is creating new ethical dilemmas for business leaders and managers.
Cranlana Centre for Ethical Leadership CEO Vanessa Pigrum and Steven Ronson, Fair Work Ombudsman Executive Director for Enforcement and alumnus of the Executive Colloquium program, highlight the importance of ethical decision-making for leadership teams and boards.
via Adelaide Advertiser, 15 September 2020
See MoreTop Boards Do These 4 Things Differently
Boards need to take a key role in preventing ethics failures before they happen. Work done by the Markkula Center for Applied Ethics points to 5 steps every board should take to get out in front of ethics problems.
via Marketwatch, 14 August 2014
See More5 Ethical Responsibilities of Corporate Boards.
Boards need to take a key role in preventing ethics failures before they happen. Work done by the Markkula Center for Applied Ethics points to 5 steps every board should take to get out in front of ethics problems.
via Marketwatch, 14 August 2014
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