Blog Posts

In 2008, American real estate developer Richard Baker took over the Hudson’s Bay Company through his investment firm NRDC Equity Partners. After promising managers to make their dreams come true, Mr. Baker led the company to bankruptcy.

In October 2024, Toronto Dominion Bank (TD Bank) became the first bank in U.S. history to plead guilty to conspiracy to commit money laundering. Problem culture, weak governance and ineffective Canadian regulatory oversight are to blame.

Working environments are plagued with issues that negatively affect employee wellbeing, motivation and performance. Chief among them is workplace incivility. It takes unwavering commitment and forceful actions to address this problem.

Research attests that workplace stress is a major cause of mental illness. Healthier, sustainable, safe and supportive workplace cultures are the best solutions per employees, rated well above individual treatments and self-care resources.

The European Union (EU) recently adopted the most comprehensive legislation yet on artificial intelligence (AI). Interestingly, a risk-based approach is used in the EU legislation for categorizing AI systems.

We are not so sure what 2024 really has in store for us, but the prospects look terrible insofar as geopolitical risks are concerned. Our most precious national treasures of freedom and democracy are under attack.

The disturbing chain of events at OpenAI during November suggest that those leading artificial intelligence cannot entirely be trusted with good behavior and strong governance.

According to the Ethics and Compliance Initiative, organizations face a higher risk of misconduct and loss of trust than ever before. More effective approaches are needed for strengthening values and ethics.