Report: A duty of care – the importance of organisational culture
By working with the Financial Reporting Council the CIPD 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:
- 1) Leadership and communication of values
- 2) HR strategy and operations
- 3) Engagement voice and wellbeing
- 4) 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
Download the report in full – A duty to care? Evidence of the importance of organisational culture to effective governance and leadership.