0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

Forgotten your password?

What happens within the culture of an organisation when failure is not an option?

10 April 2018

Culture and leadership are inseparable and it is critical to an organisation’s ongoing success to have leaders with strong ethics and high integrity, who clearly communicate and demonstrate a cohesive and consistent message. Even then, embedding and nurturing a positive and sustainable 'culture' is an ongoing challenge, especially within large organisations, whose federal, devolved structures often encourage an array of differing cultures, and misaligned incentives.

There is much to be observed from the financial services industry – an industry that prizes people of high energy, motivation and ambition, but with often deficient management characteristics or training, who can become emotionally attached to their work and are prepared to take bigger risks, given incentive, opportunity, and rationalisation.

We recently assembled a panel of experts to explore how the values and behaviours of an organisation and its people are dictated by business models and market forces, and the influence that individuals and groups have, from the top down and bottom up. Our discussion starts with Kweku Adoboli recounting his experiences during the 2011 UBS Swiss bank scandal, now a Harvard Business School case study, and moves to the various lessons learned and the potential solutions for minimising the risk of wrongdoing, without restricting an organisation’s ability to adapt to change and respond quickly to customer needs. We hope that you are as fascinated as us by a discussion about what is a fundamental challenge to global business.

Nature or nurture? Watch the video to hear first-hand accounts of how the cultural pressures within an organisation can blur the line between a high performer, and someone who is capable of wrongdoing.

Listen to the full discussion and catch up with extra podcast interviews on SoundCloud. Read Chris Roebuck's case study on driving transformation and organisational high performance through inspiring people.

Focus on...

Legal updates

The UK Hydrogen Strategy: an overview

Outline of the Government’s ambitious Hydrogen Strategy and how we can support low carbon energy projects and related queries.

View

Brexit resources

REACH Registration post-Brexit

Although the UK’s departure from the EU means that the EU REACH regulation no longer applies, UK REACH has stepped in to fill the gap, and UK-based companies exporting to the EU are now facing two chemicals regulation frameworks to deal with when before there was just one. Is your company ready for the challenge?

View brexit resources

Legal updates

Presenting a winding up petition to recover pandemic rent arrears

The government has now published new regulations to replace the winding up restrictions mentioned above from 1 October 2021. The key point of interest from a landlord and tenant perspective is that these new regulations will prevent a landlord from presenting a winding up petition to recover rent until 31 March 2022 where the sums are unpaid by the tenant because of the financial effect of the pandemic.

View

COP 26 - what is it and why is it important?

COP 26 is the global United Nations climate change Summit, which will take place in Scotland in November. It comes at a time when climate change, and how to reduce greenhouse gas emissions, is at the top of the political agenda.

View

The opinions expressed on this video are provided for the purposes of general interest and information and should not be relied upon. They contain only summaries of aspects of the subject matter at the time of publishing and do not provide comprehensive statements of the law. They do not constitute legal advice and do not provide a substitute for it. So why not talk to us and seek advice that's tailored to you? You can look up one of our experts on this website or call on 0370 270 6000.

Mailing list sign up

Select which mailings you would like to receive from us.

Sign up