Accountable Roots
Profession Climbers / twenty second Might 2025
Naomi Birdthistle, MBA Director, Griffith College
In at this time’s quickly evolving enterprise panorama, the necessity for accountable management has by no means been extra essential. Accountable management entails managing an organization’s societal interactions to deal with stakeholder considerations and improve financial, social, and environmental efficiency. It requires a dedication to moral conduct, accountability, and a long-term imaginative and prescient that prioritises the welfare of all stakeholders, together with staff, clients, communities, and the surroundings. Accountable leaders are these, who,subsequently prioritise moral behaviour, sustainability, and the well-being of all stakeholders. Because the Director of Griffith College’s MBA program, I recognise the essential significance of equipping future enterprise leaders with the talents and mindset required for accountable management in at this time’s dynamic and complicated surroundings.
Why do we want accountable leaders?
Latest historical past has proven us the devastating penalties of irresponsible management, underscoring the significance of integrity and accountability in guiding organisations. Take, as an example, the notorious Enron scandal. As soon as a titan within the power sector, Enron’s high executives engaged in widespread accounting fraud to cover debt and inflate earnings. This deceitful behaviour led to the corporate’s spectacular collapse, leading to huge job losses and a major erosion of public belief in company governance. Equally, the downfall of Theranos, a well being know-how firm, is a stark reminder of the perils of misleading management. Founder Elizabeth Holmes misled traders and the general public concerning the capabilities of her firm’s blood-testing know-how, resulting in felony prices and substantial monetary losses. These examples underscore the significance of accountable management in fostering moral behaviour, transparency, and accountability inside organisations. Additionally they spotlight the far-reaching penalties of irresponsible management, not just for the businesses concerned but in addition for his or her staff, clients, and society at giant.
In distinction, accountable leaders like Rose Marcario, former CEO of Patagonia, reveal the facility of moral decision-making. Beneath her management, Patagonia dedicated to environmental sustainability and social duty, setting a benchmark for different firms to comply with. Sara Menker, Founder and CEO of Gro Intelligence, gives one other instance of accountable management. Menker’s firm makes use of information to foretell international meals and agriculture markets, addressing the urgent difficulty of useful resource shortage. Her progressive strategy highlights the position of accountable management in guaranteeing meals safety for future generations. To learn the whole article, click on right here!
