[Updated] An Event on April 9, Bear Stearns and Trust, Azish at OECD, Safeguarding Culture, and More: Ethical Systems' April Newsletter

[Updated] An Event on April 9, Bear Stearns and Trust, Azish at OECD, Safeguarding Culture, and More: Ethical Systems' April Newsletter

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Bank Culture Reform & Behavioral Science Event April 9

Ethical Systems is partnering with Thomson Reuters Legal Managed Services, Regulatory Intelligence, and Starling to put on a panel event on Bank Culture Reform & Behavioral Science.

Our Executive Director, Azish Filabi, will be on a panel with fellow experts discussing the financial industry and recent science.

Learn more and register for the April 9 event in New York City >>

Safeguarding Financial Firm Cultures: Five Focus Factors for Directors [LINK UPDATED]

Board members have the difficult job of overseeing the success of a firm without getting involved in day-to-day management or operations. Increasingly, they are expected to understand compliance and other risks of misbehavior, particularly as those risks have been shown to impact financial performance.

Read more from this piece co-written by Azish Filabi and Mike Silva, Partner and Chair of the Financial Services Regulatory practice at DLA Piper, emphasizing the role of corporate culture in promoting good behavior as well as financial stability >>

Ethical Systems' Participation at Recent Conferences

Jonathan Haidt Delivers Keynote at the 2018 Global Ethics Summit

Ethical Systems steering committee member Jonathan Haidt delivered the luncheon keynote address on “Maintaining Ethical Culture in a Politically Charged World” 

Haidt's presentation focuses on the intersection of business ethics and political philosophy and the solutions he has identified throughout his tenure as a leading social scientist and business ethics professor at NYU's Stern of Business.

See a description and download slides from his presentation >>

Azish Filabi Presents on Ethical Culture at the OECD Global Anti-Corruption and Integrity Forum

Last week, the Organisation for Economic Co-operation and Development (OECD) had its annual Anti-Corruption and Integrity Forum at their headquarters in Paris. Entitled Planet Integrity: Building a Fairer Society, over 2,000 attendees discussed how integrity plays a role in improving economic inequality, enhances the benefits of public policies and government programs, and more broadly equalizes the gains of globalization.

Ethical Systems won one of the OECD Research Edge competition awards. The paper, co-written by Caterina Bulgarella and Azish Filabi, provided the summary of the ES culture assessment framework, which demystifies an often complex organizational issue: how to define and measure ethical culture.

Learn more about her presentation and event >>

The Echo Effect of the Bear Stearns Collapse: The Loss of Trust

In a recent piece in The Wall Street Journal, writer Jason Zweig spotlights how the collapse of Bear Stearns wreaked havoc on the sense of fairness among everyday investors and “what psychologists call ‘belief in a just world,’ the notion that, on average, we get what we deserve.”

Read more from this important piece for both individuals looking to invest in large financial services companies and those that work there >>

Ask an Ethics Expert: Christine Allen

Question for Christine Allen our featured April / May expert. See more questions and answers online!
Q) Lately I have been worried about alignment, specifically that of my team. As the group director, my creative ideas have been dismissed without explanation. It seems like my team is undermining my vision for future product spinoffs. Essentially, I feel like a mutiny is imminent. Can you help me identify ways to strike a better balance and gain more authority?
A) Your question raises some issues regarding how your team is functioning.  The first question is how your team handles conflict.  Conflict about ideas (including creative ones) is usually healthy for teams while personal disagreements, especially mean-spirited attacks, are not.  Vigorous and even heated debate of ideas is positive if at times uncomfortable.  It concerns me that you are experiencing the problem as “your ideas” versus “the team’s” ideas. What happens when you ask for clarification when you feel that your ideas are dismissed?

Read the rest of this answer and other insights >>

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