Tesla stockholders have had a wild ride since 2010, when the stock went public. Elon Musk’s ‘bet the company’ growth strategies have led to high stress situations for both his employees and stockholders that have, to this point, led to excellent financial outcomes. The past month and a half, however, has been wild by even…
Category Archives: Blog
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Sacrificing a Great Culture for Success Results in Neither
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What Can Executive Misconduct Do To a Retail Company’s Stock Price?
It’s been a rough year for unethical executives at retail companies. LuluLemon’s CEO Laurent Potdevin resigned on February 5th because the company said he “fell short of standards of conduct”. Barnes and Noble fired its CEO Demos Parneros on July 5th, because of a ‘violation of company policies”. Replacing employees in this environment is difficult,…
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Burying Bad Behavior Doesn’t Work Anymore. Just Ask Urban Meyer.
Ohio State has been going through a rough week. The team’s head football coach, Urban Meyer, has been put on paid administrative leave because it’s likely he knew that one of his employees was abusing his wife and said nothing about it. An investigative team has been assembled to determine what Meyer, who makes more…
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Structuring HR Communications So Your Employees Will Actually Read Them
Whenever you’re communicating HR policies, you have to be meticulous. There are a host of legally-mandated employee protections you don’t want to accidentally contradict – that gets expensive fast. On the other hand, you also don’t want to promise employees something you can’t deliver. In addition to demoralizing your workforce, it can also lead to…
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Are Your People Really Your Most Important Asset?
Back in 2016, The Korn Ferry Institute asked 800 CEOs and other top leaders what they believe will generate profit for their companies. According to the Wall Street Journal, two-thirds of these executives said they think technology will create greater value than their workforce in the future, and 44% think that technology advances like automation…
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Resolving the Personal Damage Done by Misconduct
When a government agency moves to address substantiated misconduct it’s easy to focus on the external damage that has been done. Were any laws broken? Were vendors or partners harmed? How should the issue be addressed publicly? After those issues are handled, the agency may look inwards to determine whether misconduct is more pervasive, or…
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The Importance of Pattern Recognition in HR Investigations
In the past few months, Nike’s reputation has been damaged in a way that’s much more difficult to handle than a single case of misconduct. After a pattern of sexual harassment, female employees conducted an informal poll and determined that many of them had been harassed – and in many cases, by the same senior…
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Intel, Brian Krzanich and Three Lessons for Other Companies
On June 21st, Intel CEO Brian Krzanich was forced out of the company due to an affair with an employee. While it could be argued there were plenty of other reasons to let Krzanich go (major product delays, processor security holes, and general stagnation in its core product areas, to name a few) the reality…
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Protecting Your Employees Against Retaliation
Each year, the Ethics and Compliance Initiative conducts a study into the state of workplace conduct from the employee’s perspective. This year’s study was released in May, and it contains a wealth of information for companies who want to better understand the employee’s experience in the workplace. One of the most staggering statistics is that…
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Who Are We Hiring As Managers?
There are plenty of reasons an employee may leave a job. A better offer may come along. They might be transitioning to a new career, or they may need to leave for family reasons (for example a spouse may get a job elsewhere). You might even think there are as many reasons for leaving a…