Misconduct comes in two forms; financial misconduct and non-financial misconduct. If these are not appropriately managed, in the long-run they impose heavy costs on your business. As a result, it is essential that businesses ensure an environment of psychological safety, corporate purpose and cognitive diversity. Firms who get these factors right, are always more successful in the long-run than those who ignore, or undervalue them.
Key learning objectives:
What are the two key forms of misconduct
What are the different impacts of these misconducts on your business?
What are the new set of indicators that conduct/culture regulators use to identify business health?