The Role of the Board in Creating and Leading Culture

Date: On a date of your choice
Location: Delivered as an interative briefing
Event Code: RBCLC

Course Details

It seems that there is general acceptance that a firm’s culture drives the behaviours of its people at all levels. At the same time there is a considerable degree of mystification as to what the culture of a firm should look like, why and how a change from the status quo could be achieved.

Our 2 hour briefing takes a practical approach to this topic. It is designed for Board members to understand how they influence the culture of the business and why it is important to understand what makes their organisation tick. The focus then shifts to changing cultures and the essential role that Directors play in leading that change.

Designed specifically for Directors who set the tone in their business, want to be up to date with development on culture and understand more about the practicalities of influencing culture at Board level.

Who should attend?

Designed specifically for Directors and senior managers who set the tone in their business, want to be up to date with developments on culture and understand more about the practicalities of influencing culture within their business.

The Agenda

1.  Defining Culture in Financial Services Firms

  • The development of the focus on culture
  • Options for establishing your firms’ culture

2.     The role and influence of the Board

  • How Director’s shape and create a culture
  • Examples of different attempts to change cultures in financial services firms
  • Deliberate and inadvertent influences on behaviours
  • Why sub cultures develop and how they promote or block change

3.     Changing cultures

  • The challenges of dealing with embedded cultures
  • The key role of communication and importance of Directors in role modelling behaviours    
  • Defining indicators to show progress (or not!)

4.     Talking about culture

  • Why the firm needs a common language on this subject
  • Reporting to stakeholders and regulators
  • The importance of using examples
  • Conclusions and moving forward

 

Key Benefits

  • Consider the powerful influences that drive cultures.
  • Examine the key areas where Directors set the tone for acceptable behaviour.
  • Review some examples of business cultures in financial services and how they have impacted the firm’s reputation.
  • Explore the risks and rewards of changing culture.
  • Understand the key steps in changing a culture.
  • Take away ideas for ways you may wish to make changes in your firm. 

 

 

 

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