article thumbnail

What You Can Do to Improve Ethics at Your Company

Harvard Business

It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. But what about the ordinary engineers, managers, and employees who designed cars to cheat automotive pollution controls or set up bank accounts without customers’ permission? Cross-cultural differences. Volkswagen. and the U.K.,

Ethics 34
article thumbnail

Advisory Board Company Interviews and Culture

Management Consulted

You’ll have to read on to hear our opinion (see Culture section in particular). THE ADVISORY BOARD COMPANY CULTURE. The firm focuses more on expertise and pedigree than merit, and the firm’s high turnover rate is self-fulfilling – low cultural cohesion leads to more of the same. What does that mean?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Economics of Why Companies Don’t Fix Their Toxic Cultures

Harvard Business

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. But what role does culture play in corporate misconduct, and why do these problematic cultures persist?

Culture 35
article thumbnail

How to Build Organizational Commitment

Organizational Talent Consulting

For example, consider an employee working for a family-run business with a strong culture and attractive long-term incentives. Here are a few practical steps you can take today to accelerate organizational commitment within your team without breaking the bank. No leader strives to create a toxic culture. Thousand Oaks, CA: Sage.

How To 52
article thumbnail

The Leadership Blind Spots at Wells Fargo

Harvard Business

The post-scandal scrutiny of Wells Fargo’s culture has so far focused on the high-pressure sales environment that drove employees to create as many as two million fake accounts. The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely.

article thumbnail

Oliver Wyman interview preparation: the inside story

Management Consulted

Corporate and Institutional Banking. Retail and Business Banking. This fits hand in hand with their culture of treating new hires as potential Partners, offering them opportunities early on to engage in important projects. OLIVER WYMAN CULTURE. Wealth and Asset Management. Public Policy.

article thumbnail

Managers Aren’t Doing Enough to Encourage Whistleblowing

Harvard Business

But far less attention has been paid to how the bank actively discouraged whistleblowing. Some employees even claimed that they were fired for calling the internal ethics hotline. Companies communicate very little about the process they follow to investigate calls to their internal ethics lines.

Ethics 28