General Counsel – the catalyst to lead their business from pure legal compliance to broad ethical business practice
June 05, 2015
This is a very important point – that a legal act may be seen as wrong or unethical by non-lawyers. The article linked below rightly cites the example of multinationals not paying enough tax in the UK. General Counsel can be the catalyst in their organisation to lead their business from pure legal compliance to broader ethical business practices.
An ability to look beyond legal compliance and grasp the ethical and reputational implications of an action is an increasingly vital attribute for any business leader. And it’s key to setting the right ‘tone from the top.’ So, to fulfil both of their aspirations to be business leaders and the conscience of the organisation, General Counsel need to see further than the traditional ‘black and white’ of legal compliance, and learn to appreciate and articulate the greys and colours of ethical choices. For many General Counsel, this expansion from rules to values is a major shift of mindset. But it’s the single biggest step they can take to truly elevate themselves to the leadership and gain a voice at Board level.
http://www.pwc.co.uk/forensic-services/the-new-general-cou..
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