Labcast 13 - 7/22/2014 - How Does a Business Keep a Promise?: Gregg Fields & Elizabeth Doty

Many people are cynical about business promises and blame individual leaders when commitments are not kept. In this Labcast, Fellows Gregg Fields and Elizabeth Doty explore how systematic factors such as short-termism, complexity, reactivity, and operational issues also contribute to “commitment drift” in business, which in turn damages public trust. Because many individual executives value keeping their word, Doty recommends helping them recognize the challenges and build the special competence required to keep promises as an organization.

This interview touches on the seven promise-keeping strategies which are described in a new article by Doty in strategy+business magazine, and which are summarized in this blog post.

Labcast 7 - 3/5/2014 - The Big Fix: Financial Markets & Institutional Corruption: Gregg Fields and Justin O'Brien

In an explosive scandal, global regulators suspect the 4pm fix is quite possibly fixed. Traditionally it's the London hour when rates for currencies like the dollar are set. It's now suspected that traders colluded to rig markets for private gain. Financial journalist Gregg Fields and Professor Justin O'Brien, director of the Centre for Law, Markets and Regulation at the University of New South Wales in Australia, discuss the role that institutional corruption may have played.