The decline of Australian corporate culture
Corruption is as bad as the days of the Rum Rebellion. The LNP are deregulating, giving more power to the Corporate foxes while ignoring the results of the Royal Commissions. They're going after Unions on non-Union matters despite the Royal Commission conclusions that there was NOTHING TO SEE. Meanwhile, the Corporate world was found systemically GUILTY in every way and is being left untouched, and we watch on with politicians lining their pockets having been promised rewards at a later date for their assistance while in office. The Canberra swamp in the meantime continues to grow. 500 Mining jobs in the ACT and no mines is an example. Does the public even know? (ODT)
Poor conduct by principals and CEOs has resulted in Australia's corporate culture in need of a change, writes Kim Sawyer.
Nearly every day we see evidence of bad corporate conduct at Royal Commissions like the Banking Royal Commission or in individual company collapses. There is a recurring problem. It seems company regulations don’t matter, at least not for some.
Culture is a vague term. Culture generally refers to values. A good corporate culture is represented by things like transparency, honesty, perhaps even social responsibility — characteristics that seem to have disappeared from the corporate balance sheet. Medcraft was not alone in calling for cultural change. It has been recommended by every inquiry into corporate practice for the last 20 years; for example, the 2014 Financial System Inquiry. Yet there is little evidence that Australia’s corporate culture is changing.
Culture is a vague term. Culture generally refers to values. A good corporate culture is represented by things like transparency, honesty, perhaps even social responsibility — characteristics that seem to have disappeared from the corporate balance sheet. Medcraft was not alone in calling for cultural change. It has been recommended by every inquiry into corporate practice for the last 20 years; for example, the 2014 Financial System Inquiry. Yet there is little evidence that Australia’s corporate culture is changing.
ON TONIGHT: TURNBULL SHAMES HIMSELF
Turnbull resigned, he wasn't booted out or "dumped" as PM. The only person to shame themselves is Andrew Bolt, who suggests Turnbull tried to "save " his skin. Well, how about stating the obvious Andrew Bolt given Abbott and Dutton the least trusted members of the Liberal Party were out to knife him in the back and Abbott really believed by not resigning he could get revenge and "save his legacy" with a comeback.
Frankly, Bolt has no idea what might have occurred if Turnbull hadn't resigned. However any good PM and politician would have got all the information one could if faced with the same situation Turnbull found himself in, and he would naturally get it both formally and informally from whoever and wherever he could. Tricks, well they are only alive in Bolt's "fantasy land". One wonders why he persists going after a man who was the victim?
Self-aggrandisement springs to mind. Let's face it Bolt certainly wasn't a media star during the last election, was he? He wasn't a media person of any note. Mainly the one yelling out that the Turnbull's were out to get Abbott, of course, they were at least Alex was, and he didn't deny it. Abbott was annihilated, and his media buddy Bolt pissed off out of the country immediately after as if he was depressed, down and out with the lack of attention. But he's back now and still with little improvement to show for his holiday. So it seems he's craving attention and needs a stunt a cause of his own and it's the same old same old, save Abbott and help him get his revenge.
He's boringly focused on what seemed more like Abbott's revenge and the Turnbulls the target. They became ordinary Australians, everyday citizens after the PM's resignation entitled to do whatever they wanted. Alex Malcolm's son focused on cleansing the Liberal Party of Tony Abbott, and he helped do it well. It was a landslide. Unlike Turnbull Abbott, remained a dead weight sniping at his own leader when he promised publicly he wouldn't. A more traitorous activity you couldn't want for and totally out of step with tradition. Isn't tradition what conservatives hold in high respect and hold on to? Not, in this case, it seems, Not Abbott nor his sycophant promoter Andrew Bolt. He was back in the day his apologist but went to the back bench of media when Abbott was dropped and remained his pit bull when anyone was caught dissing Abbott.
No Bolt is merely an opinionator an average one who lost his patron Tony Abbott ex-PM and with it any hope of boosting his ratings. Like Trump today Bolt boringly and routinely repeats the same cycle of subjects on his lazy susan of topics, his old carousel of dead ideas on which he's been making a living off year in and year out and no longer relevant. Raising Abbott, Climate Change, Fossil Fuels Indigenous Australians, Sudanese, Islam, Gender roles, Universities, The ABC, Free Speech all easy with which to create division as a smokescreen ignoring the material world and the economics of the nation in which we live.
Peter Dutton says he renounced financial interest that could have disqualified him | Australia news | The Guardian
So there was a problem a larger one than they made Peter Slipper face, (ODT)
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