The Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry held in Australia over the last year or so uncovered some incredible breaches of law, of regulations, of ethics, and of trust. It has poured fuel on the fire of the growing discontent that the general public has for big business and large institutions.
So how do we fix it?
This episode looks at the findings of the Hayne Royal Commission (hopefully, with a slightly more balanced perspective than some of the hysterical political discourse surrounding the Commission).
The issues uncovered are not confined to the finance sector, and certainly not to Australia.
Will we heed the ‘wake-up call’ that Hayne has given the big business community?
Will we, as leaders, commit to doing the hard work on people and culture that will ensure these types of issues don’t become a problem in our own organisations?