CEO & board not receiving clear information on effectiveness of critical controls – Maritime NZ case

Fourth post from the Maritime NZ case where the CEO (Gibson) was charged under a failure to exercise due diligence for a work fatality (Ports of Auckland Limited (POAL). Some extracts on critical risks and controls: (** Post 2 in comments) ·        “As Mr Kahler succinctly put it, “gravity is generally [the] most common killer of… Continue reading CEO & board not receiving clear information on effectiveness of critical controls – Maritime NZ case

Nothing to fear: strong corporate culture and workplace safety

Are ‘strong’ corporate cultures a blessing or curse for workplace safety? This study explored the question. Interestingly, they used machine learning to extract ‘cultural’ cues from CEO earnings calls. Cultural cues were scored based on the frequency of words relating to innovation, integrity, quality, respect and teamwork. They then compare company performance to the number… Continue reading Nothing to fear: strong corporate culture and workplace safety