Tag Archive for ‘Volkswagen’
A May 2015 explosion in one of its largest facilities tested Johnsonville Sausages’ organizational purpose and commitments made to its employees. Author Dan Pontefract takes a look at how Johnsonville reacted to that crisis and what lessons there might be for other companies. “Organizational purpose is the opportunity for a firm to define its principles, ethics, leadership and culture,” he writes. “It is imperative for the organization to act on this definition.”
Understanding the impact one has on others is an obvious requirement for today’s business leaders. So as we plan for the year ahead, writes columnist Gael O’Brien, the process of reflecting on leadership is valuable – and critically important to “leaders earning the right to be followed, employees feeling that what they do matters and customers not being put at risk.”
Columnist Gael O’Brien says Volkswagen’s confession to rigging emissions standards on millions of diesel cars means the company’s board and new CEO, Matthias Müller (left), need to understand and correct what made it possible for illegal and unethical choices to be made when obstacles to business goals surfaced. What prevented anyone from speaking up or if anyone did, from being heard? And what are leaders willing to do to change that?
In the past, diesel fuel was always considered dirtier than gasoline. But newer standards regulating sulfur content and improved technology in diesel engines have made diesel somewhat kinder to the environment.
Sustainable development over the next several decades offers “vast new business opportunities” – valued as much as US$6.2 trillion – for companies that have “the foresight to lead,” according to a new report by a leading corporate sustainability group.