If corporations don't monitor the tone-at-the-bottom, they are likely to fall from the top
Los Angeles, CA (PRWEB) March 04, 2015
The Creighton Group, an international corporate governance organization, has recently released “Private Sector Praises: The New Tone-at-the-Bottom,” written by Dr. Larry Taylor, the next book in the “Tone-at-the-Bottom” series. The new book discusses how disadvantaged individuals are realizing the importance of the private sector, and how if they want improvement they must pay attention to the results, not just the intentions, of societal leaders.
The first book, “The New Breed of Independent Corporate Director: Personal Glimpses and Perspectives of the Tone-at-the-Bottom,” was a call to action for corporate directors to monitor and listen to the tone-at-the-bottom of their corporations and societies. It provided a framework for the private sector to assist in improving the lives of the disadvantaged, including those in emerging economies.
While the first book focused on the corporate governance industry, “Private Sector Praises: The New Tone-at-the-Bottom,” is geared towards the general public with the message to pay attention. By comparing and contrasting the public and private sectors perspectives on success, culture, societal needs and accountability, the new book makes the case for the importance of the private sector. Moreover, disadvantaged individuals need to realize that they must pay more attention to the actual results achieved, not the stated intentions, of societal leaders in order for their votes to effect improvement in the circumstances of the disadvantaged.
The Tone-at-the-Bottom (http://www.tone-at-the-bottom.com) concepts were developed by Dr. Larry Taylor and initially introduced to the corporate governance industry in an article entitled, “Boards Should Monitor the Tone-at-the-Bottom.” The article was published in the National Association of Corporate Director’s Directorship magazine. The concepts relate to the corporate director’s “duty to monitor” the ethics, culture, and employee interactions at the bottom of the organization. The concepts calls for effective upward information flow of relevant non-financial information from the bottom of the organization into the boardroom so that independent corporate directors are better informed when making strategic decisions that impact the long term sustainability of the company. When this occurs, not only do corporations make better decisions, but many of the societal problems can be better addressed by the private sector.
About The Creighton Group, Inc.
The Creighton Group, Inc. (http://thecreightongroup.com/) is a corporate governance organization with a growing network of international independent corporate directors that support our initiatives to enhance corporate governance. The firm began operations in 1989 as a productivity improvement and environmental management consulting firm with offices in Los Angeles, Washington DC, Bangkok, and Orange County. They began to provide services in the corporate governance industry ten years ago when the principals started serving on corporate boards and noticed that relevant independent non-financial information was not effectively reaching the boardroom. The Creighton Group’s board is comprised of corporate governance experts from United States, Australia, Brazil, United Arab Emirates, Namibia, Malaysia, India, and United Kingdom.
Larry Taylor, PhD.
Chairman, The Creighton Group