Report: A duty of care – the importance of organisational culture
By working with the Financial Reporting Council the Chartered Institure of Personnel & Development looks at the role of senior leaders and boards in understanding and managing change.
Key findings and recommendations:
- HR is key to enable boards to take steps towards healthier corporate cultures
- To be effective the board must consider culture through four dimensions in the business:
- Leadership and communication of values
- HR strategy and operations
- Engagement voice and wellbeing
- Contextual factors such as technology diversity and economy
- It suggests boards should look to align board and organisation values
- Invest in and upgrade importance of whistleblowing