Richard Bowen,  Citigroup Whistleblower and Professor at University of Dallas, Texas

On Friday 22nd November 2019 at 5.30pm our MBA Masterclass in association with the NUI Galway MBA Alumni Association will feature Richard Bowen, who will present the topic: Ethics and Leadership: Lessons from the Field.

Since the financial debacle of 2008 and the fallout it caused to our economic infrastructure, we have seen increased concern for corporate moral and social responsibility worldwide. Meanwhile companies previously held in high esteem are subject to ever-greater scrutiny of organizational behaviour and ethical leadership practices.

Unethical behaviour has a high cost: lack of trust on the part of customers, the public as well as employees. Diminishing loyalties yield decreased profits and disengaged employees. Based on Professor Richard Bowen’s true life experience and client case studies, this session focuses on the costs of unethical leadership and the steps an organization needs to take to instil guiding principles that become part of the corporate culture. It points out the dangers inherent to an absence of ethical culture, and how to prevent this from happening within your own organization.

During this event, we will discuss insights into ethics and leadership and how they apply specifically to attendees. We hope to provoke dialogue, raise and answer questions, and generally make the session as interactive as possible.

About the speaker

Richard Bowen was a business chief underwriter at Citigroup who discovered that billions of dollars annually of defective mortgages were being sold to investors in securitizations as quality mortgages. He warned management repeatedly for 18 months about possible unrecognized financial losses. Richard then warned Citi’s board of directors and requested an outside investigation, resulting in his being placed on administrative leave and instructed not to return to the bank.

He provided evidence to the SEC three months before the post-crisis bank bailouts and gave nationally televised testimony before the Financial Crisis Inquiry Commission, where he witnessed coordinated efforts to hide key parts of his testimony from the American public. His story was featured in the 60 Minutes story “Prosecuting Wall Street,” which aired December 4, 2011 with an audience of 12 million viewers and has since been re-aired on CBS and CNBC eight times.

Richard is presently a professor of accounting at the University of Texas at Dallas and is a well-known speaker on ethical leadership and the financial crisis. www.richardmbowen.com

Register here.

 

 

Heidi  K.  Gardner,  PhD, Harvard  Law School -  Tuesday, 12th March 2019 at 6.00pm 

In March 2019 we hosted an MBA Masterclass in association with the NUI Galway MBA Alumni Association featuring Heidi  K.  Gardner,  PhD, Harvard  Law School, who delivered a session on "Smart Collaboration:  How Professionals and Their Firms Succeed by Breaking Down Silos”.

Collaboration isn’t just a buzzword; it’s a business necessity. As the commercial, technological, competitive, and regulatory environments become increasingly complex, knowledge workers must collaborate across disciplinary and organizational boundaries to tackle those sophisticated issues.  By teaming up to integrate their expertise, they can address problems more effectively and efficiently — if done well.  Otherwise, collaboration can be costly, risky, time-consuming, and painful.  After more than a decade of empirical research across dozens of organizations, it’s fairly clear what separates excellent, smart collaboration from less successful attempts.

Heidi delivered an interesting and engaging masterclass.