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Following the Hayne Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, there is no doubt that culture is firmly a boardroom issue. Boards are now looking at the complex issue of how they should set the organisation’s culture and the framework to govern culture. The Hayne Royal Commission Final Report concludes […]
The Interim Report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has labelled the banking sector as being driven by greed and dishonesty. Short term profit was pursued at the expense of honesty. One key observation was made – that all the conduct identified and criticised in the report […]
Angus Armour, CEO of the Australian Institute of Company Directors (AICD), said in the Institute’s response to the financial services Royal Commission (1 May 2018) “governance and the role of boards and directors in shaping and monitoring organisational culture and behaviours are under tremendous scrutiny”. The questions that are being raised by the Royal Commission […]
The Workplace as an Experience, digital HR, AI and machine learning are gaining momentum in businesses looking for improved efficiencies and performance. They are not a panacea and require strong foundations including systems, processes and business partnerships to fully realise their potential. But will these emerging practices reshape and reposition HR and create new pathways […]
Much has been written about HR having a seat at the table. We have seen articles in Harvard Business Review with titles such as It’s Time to Blow Up HR and Build Something New (July-August 2015). In more recent times, there has been published research that links culture and good people practices with business outcomes […]
The implications of a bad hire can be costly to a business, not just financially but also culturally. In most cases it can take up to 12 months to gain a rate of return on your investment in a new employee. So the importance of making a correct hiring decision is critical. Equally as important […]