committed to the best interests of their customers, yet incentivise their employees to sell. It’s an ethical trap…and it is almost impossible for rational employees not to sell.” PETER COLLINS – DIRECTOR OF THE CENTRE FOR ETHICAL LEADERSHIP
bitter fruits of a focus on shareholder primacy. A challenge to the prevailing orthodoxy is long overdue.” DR SIMON LONGSTAFF – EXECUTIVE DIRECTOR, THE ETHICS CENTRE IMAGE SOURCE: THE AUSTRALIAN
we been running the business - all of us - in the interests of the customer rather than the profit and loss and the balance sheet, those risk categories [regulatory, compliance and conduct risk] wouldn't have mattered so much.” KEN HENRY – EX-CHAIRMAN, NAB
the fundamental role of the public service. Its custodianship of the long-term policy agenda has been eroded by short-term thinking…” JENNIFER WESTACOTT – CEO, THE BUSINESS COUNCIL OF AUSTRALIA IMAGE SOURCE: THE AUSTRALIAN
behaviour and business decisions, but rather the test of their validity.” PETER DRUCKER – MANAGEMENT: TASKS, RESPONSIBILITIES, PRACTICES IMAGE SOURCE: DRUCKER INSTITUTE
those customers, even in new business arenas. Take a long-term view, and the interests of customers and shareholders align.” JEFF BEZOS – OPEN LETTER TO SHAREHOLDERS IMAGE SOURCE: PBS.ORG
to: • Delivering value to our customers. We will further the tradition of American companies leading the way in meeting or exceeding customer expectations. • Investing in our employees. This starts with compensating them fairly and providing important benefits. It also includes supporting them through training and education that help develop new skills for a rapidly changing world. We foster diversity and inclusion, dignity and respect. • Dealing fairly and ethically with our suppliers. We are dedicated to serving as good partners to the other companies, large and small, that help us meet our missions. • Supporting the communities in which we work. We respect the people in our communities and protect the environment by embracing sustainable practices across our businesses. • Generating long-term value for shareholders, who provide the capital that allows companies to invest, grow and innovate. We are committed to transparency and effective engagement with shareholders.
to: • Delivering value to our customers. We will further the tradition of American companies leading the way in meeting or exceeding customer expectations. • Investing in our employees. This starts with compensating them fairly and providing important benefits. It also includes supporting them through training and education that help develop new skills for a rapidly changing world. We foster diversity and inclusion, dignity and respect. • Dealing fairly and ethically with our suppliers. We are dedicated to serving as good partners to the other companies, large and small, that help us meet our missions. • Supporting the communities in which we work. We respect the people in our communities and protect the environment by embracing sustainable practices across our businesses. • Generating long-term value for shareholders, who provide the capital that allows companies to invest, grow and innovate. We are committed to transparency and effective engagement with shareholders.
is to maximise value for shareholders has been debunked in a world where business and its role within society is being redefined.” ANDY PENN – CEO, TELSTRA IMAGE SOURCE: COURIER MAIL
change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.” MILTON FRIEDMAN
got us to this point, where people who in their day-to-day lives would see themselves [as] abiding by a set of moral principles, when at work somehow let those principles slide.” ANN SHERRY – NON-EXECUTIVE DIRECTOR OF NAB IMAGE SOURCE: AICD
in possibility • Active listening • Realistic based on time Examples: • Contextual research • Contact centre visits • Meta insight reports • Eco-system maps • Documentary films
a great deal of power to anyone who claims to have a magic cure—whether the crisis is a financial meltdown or, as the Bush administration would later show, a terrorist attack.” NAOMI KLEIN THE SHOCK DOCTRINE: THE RISE OF DISASTER CAPITALISM “the darkest hour is right before the dawn” BOB DYLAN MEET ME IN THE MORNING IMAGE SOURCE: MICHAEL OCHS ARCHIVES/GETTY