My partner Amanda Raad and I were delighted to partner with three partners at EY—Katharina Weghmann, Maryam Hussain and Melissa Myatt—who focus on behavioral science and decision-making in the corporate context for the final session of our three part discussion in our podcast series Culture and Compliance Chronicles.
The series explores developments and live issues in relation to culture and risk management in times of crisis, as organisations and regulators consider new and innovative ways to approach these.
In this episode, we explore what effective remediation looks like and how it all ties back to the root cause of the issue. We also circle back to how companies can create a culture of compliance and the role ethics plays in this, especially for companies that use data analytics to measure culture.
It is in the areas of morality and culture that there is greatest scope for firms to act.