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Gary Hamel - What Matters Now Part 1

The Innovation Show

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The Ethics of Banking and Accountability

This chapter examines the failures of the banking system during the subprime mortgage crisis, highlighting moral failings, regulatory shortcomings, and a culture of complacency. It emphasizes the importance of ethical decision-making and personal accountability in organizations, drawing parallels with various industries and societal trends. The discussion advocates for systemic changes to cultivate risk awareness and engage all employees in preventing ethical lapses.

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