Seeing the regulators catch up to the business world is always interesting. That is what has happened to corporate culture. The Department of Justice is now assessing the corporate culture of any company under investigation. Yet, more than simply complying with this mandate, companies should strive to foster the best culture they can. The reason is deceptively simple: the better the culture, the better the company. However, many business executives and even compliance professionals do not know how to craft a culture that allows your See more +

Seeing the regulators catch up to the business world is always interesting. That is what has happened to corporate culture. The Department of Justice is now assessing the corporate culture of any company under investigation. Yet, more than simply complying with this mandate, companies should strive to foster the best culture they can. The reason is deceptively simple: the better the culture, the better the company. However, many business executives and even compliance professionals do not know how to craft a culture that allows your employees and your organization to implement such strategies. How can you unlock the power of a thriving workplace culture?

In this podcast series, Sam Silverstein, the most trusted voice in America on accountability, and Tom Fox, the Voice of Compliance, discuss ways companies can elevate their culture to new heights. This episode examines the current Boeing scandal from a cultural angle.

The recent FAA report on Boeing has shed light on a worrying culture of fear, inadequate training, and mistrust within the company, leading to compromised safety standards. Tom points to management and cultural issues as the root causes of these safety failures. He insists that Boeing needs to foster a culture of safety, transparency, and open communication, without which it cannot rectify its current predicament. Sam emphasizes leadership’s crucial role in shaping a safe and open culture, arguing that leaders must take responsibility for any existing fear or retaliation. Drawing on his extensive experience advising leaders on accountability, Silverstein believes in the necessity of a culture where employees feel valued and can voice their concerns, suggesting that tough love may be the key to navigating Boeing’s safety issues.

Key Highlights:

1. Boeing’s Culture Impacts Safety Standards

2. Encouraging Safety Concerns Through Open Communication

3. Leadership’s Role in Shaping Organizational Culture

4. How can Boeing start to rebuild its culture?

Resources:

Sam Silverstein

Sam Silverstein is on LinkedIn | https://www.linkedin.com/in/samsilverstein/

Sam Silverstein Website | https://samsilverstein.com/

The Culture Audit™ | https://samsilverstein.com/the-accountability-assessment/

Connect with the Compliance Podcast Network at:

LinkedIn | https://www.linkedin.com/company/compliance-podcast-network/

Facebook | https://www.facebook.com/compliancepodcastnetwork/

YouTube | https://www.youtube.com/@CompliancePodcastNetwork

Twitter | https://twitter.com/tfoxlaw

Instagram | https://www.instagram.com/voiceofcompliance/

Website | https://compliancepodcastnetwork.net/ See less -