There is a 2 out of 3 chance that you will go along with a group that says “yes” when you think “no”, even when the answer is clearly “no”. This famous experiment by psychologist Ash shows that we are ready to go against the evidence in order to conform with the group.
Reputation is an essential asset of a company’s value.
This is the theme of a webinar led by Thierry Bouckaert and Walter Gelens from akkanto on Tuesday, November 24th at the INSEAD IDP alumni roundtable.
The 18 participants exchanged a great deal on this subject that is often raised and rarely explored. Appointment is taken with our members for our next event in the spring 2021.
How do you balance the exercise of power between an efficient committee and a collegial board?
“Statutory auditors must do a better job and must be better controlled”, says the European Commission as it designs a stricter professional framework for audit firms. It also requires that audit committees be more involved in verifying the independence and quality of the audit work. Are audit committees trained for this task and ready to take on this responsibility?