Good Risk Culture Starts with an Open Conversation

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"The pandemic certainly has awakened many people to the importance of explicitly reckoning with risk," says Michele Wucker, author of the new book You Are What You Risk. One of the riskiest decisions in my life, I still tend to think, was…

The Entrepreneur Who Wants Us to Rethink What’s Worth Wanting

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Few people realize that they’re caught up in the kind of mimetic crisis that Rene Girard (above) described while they are actually in it, says Luke Burgis, author of Wanting. A powerful idea, that of mimetic desire, seems to be getting…

Any True ESG Focus on Executive Pay Needs a Link to Employee Engagement

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Too often “of material value to shareholders” is used as the great duck out on fundamental questions of human values. More than half of the 100 Financial Times Stock Exchange CEOs have had their salaries frozen this year. The news comes…

The Science of Collaborating Effectively: A Conversation with Debra Mashek

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Listen to "#28 - The Science of Collaborating Effectively: A Conversation with Dr Debra Mashek" on Spreaker. In this episode of the Breaking the Fever podcast, we speak with Debra Mashek about how true collaboration emerges within and between…

Dan Ariely and the Science of Human Capital

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In this episode of the Capital Allocators podcast, host Ted Seides speaks with Ethical Systems collaborator Dan Ariely about his ongoing work quantifying human capital—how employees' motivation and feelings about their companies,…

3 Takeaways from One CEO’s Remarkable Culture-Change Experience

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Slowly, the business side and the farming and production sides of Cabot began to meet in the middle—or at least earn each other’s respect. In 2015, Ed Townley became the CEO of Cabot Creamery, the acclaimed but plateauing Vermont dairy…

What Pirates Have to Teach Us About Leadership

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Pirates, it turns out, were forward-thinking in a number of surprising—and instructive—ways. In the deep heat of an 18th-century summer, a crew of pirates was sailing off the Virginia coast when a lookout spotted a merchant ship to the…

Include Moral Hazards in Your Company’s Risk Assessment

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Perhaps the most consequential example of moral hazard in our lifetime concerns climate change. Notwithstanding its name, the concept of moral hazard originally had little to do with morality. Rather, it referred to the phenomenon that providing…

What Frogs in Hot Water Can Teach Us About Thinking Again

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https://www.youtube.com/watch?v=CIlgTBmiov0 In this Ted talk, Ethical Systems collaborator Adam Grant discusses biases that prevent us from changing course, like doubling down on a commitment to show others, or perhaps ourselves, that…

How Biden Can Boost Human Rights in Egypt

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The United States needs to stand with true democracies. In its first 100 days, the Biden administration renewed its focus on human rights. After years of internal debate, the United States declared Turkish attacks in Armenia a century…