3 Down 4 Across!
January 20, 2017
Did you know that official police figures show that 1 in 5 SMEs have been defrauded by an employee? One in 3 managers lie to get promoted, says the Chartered Management Institute. Almost half of staff would sell their corporate password for a fiver, says a poll of 2,000 people*.
The broader implications of a failing culture can be tragic. If we look at the Deep Water Horizon oil rig disaster in the Gulf of Mexico in 2010, where 11 people died and marine life suffered irreparably. Investigations found that this was due to cost-cutting decisions and an insufficient safety system across its owner BP and its suppliers were blamed. It was found that there was a “failure to appreciate risk” until events became inevitable*.
The risk associated with this needed to be communicated from the top. For instance, if you see someone above you displaying a lack of integrity how are you likely to respond?
Whilst organisations can not always control their employees actions, they can influence their decisions by having a strong organisational culture where the organisation has deeply embedded values by having robust HR policies and procedures in place which clearly define the organisation’s approach to recruitment and how organisation’s manage, motivate and develop their employees from day one.
We hope that you have found this helpful, and if you’d like to discuss this further, please contact Sue Green of on 07951 356700.
*Peoplemanagement.co.uk – September 2014 Isue