Boardroom Risk & Reputation

While employees are undoubtedly an organization's greatest asset, they also pose significant risks.

Workplace behaviors have become focal points in boardroom discussions. Heightened regulatory demands, along with increased legal and public scrutiny surrounding diversity, inclusion, and organizational conduct, have elevated reputational and legal risks. Executives are now under pressure to take personal responsibility for setting the right tone and addressing people-related issues effectively.

The global emphasis on freedom from harassment and oppressive behaviors, exemplified by movements like #MeToo, has resulted in a surge in litigation. Disputes of this nature are frequently elevated to the board level, prompting firms to set objectives and design remuneration frameworks aimed at mitigating the risk of such unacceptable behavior by employees. Establishing a culture that encourages staff to speak up (whistleblowing) is crucial for identifying and proactively addressing these risks. However, mishandling such concerns can expose organizations to reputational, regulatory, and legal challenges.