Tag: business ethics

How do you create an ethical business culture? Storytelling at Shell, BP, and Microsoft

Creating an ethical culture in your business You cannot create a good enough ethical mousetrap – humans are vastly creative (even at fraud). The mishaps at LIBOR, VW, 2008 financial crisis, Deepwater Horizon, Wells Fargo all happened at businesses which had multiple layers of controls. So what can you do? Create an ethical culture – […]

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What makes a business “good” (in the ethical sense)? Fearless conversations about values

Is ethical business, good business? When you talk about a person being good, you mean more than they follow the law. Yet some people think following the law is all that is required of business – notably Milton Friedman who won a Nobel Prize. It is clearly a nonsense idea – Friedman was a good […]

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Paul Gibbons on spirituality at work

Spirituality in Business: New Era, or Pop Fad?

In 1999, I published extensively on spirituality in business (spirituality at work) and featured in an article in the UK Independent. The Worker Within by Kate Hilpern Yoga, t’ai chi, even poetry – soul and spirituality have arrived at the office. Last summer, you may remember, Glenn Hoddle attempted to improve England’s chances in the […]

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Paul Gibbons big data

Risks and Misuse of Big Data – Learning from Bank Fraud

In 1995, I was tapped on the shoulder at Coopers (now PwC) by a partner in the forensic accounting practice who was leading our investigation into a 93 million pound fraud ($140m) at NatWest bank. “Gibbons, you traded options, did you not?” “Some”, I replied. Then, suspiciously, “It says here you speak French?” Once he […]

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FIFA, LIBOR, and Volkswagen Ethics Scandals in 2016

Video:  How did the worlds most important interest rate, largest car manufacturer, and largest sports organization become corrupted by billion-dollar scandals?  What happened? How could the mishaps have been avoided? What are the lessons for business leaders?  

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