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RESTORING TRUST IN CORPORATIONS

The second Carreras-UWI Distinguished Lecture, Restoring Trust in Corporations: Leadership and Corporate Governance, was delivered at the Mona Visitors’ Lodge and Conference Centre recently by Professor Patrick M. Wright, the Professor of Human Resource Studies at the Centre for Advanced Human Resource Studies, Cornell University.

The Lecture was timely in light of recent corporate scandals across the globe which brought the importance of effective governance to the forefront of the business world. Frequently humorous, the 90-minute lecture was based on reviews of these upheavals, recommendations proposed by a number of institutional stakeholders, and interviews with top HR executives. Professor Wright examined the underlying causes put forward for the scandals as well as the recommended solutions.

Going deeper than the superficial generalities widely offered, Professor Wright, who teaches, conducts research, and consults in the area of Strategic Human Resource Management, particularly focusing on how firms use people as a source of competitive advantage, raised tough questions and provided some answers about the role of leadership in building and maintaining ethical organizations. He invited members of the audience to examine their attitude to conducting business and to include integrity as a key competency in all staffing decisions, remembering to promote leaders on values outcomes as well as on material results.

The Carreras/UWI Distinguished Lecture is part of a three-year partnership between the Carreras Group Limited and the MSc. Human Resource Development, one of the programmes offered in the Department of Sociology, Psychology and Social Work, Faculty of Social Sciences. This relationship was forged in order to widen the public understanding of the breadth and the importance of the field of Human Resources. It is presented under the auspices of the UWI Distinguished Lecture Programme, which was the brainchild of the former Vice Chancellor and Founder, the late Sir Phillip Sherlock.


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