The Human Risk Podcast4 Helmi 2021

Professor Elizabeth Sheedy on how Accountability can reduce Human Risk

How can making people accountable change their behaviour and mitigate human risk? Given recent history, can enforcing accountability in the banking industry, drive behaviour change?

That's what my guest on this episode Professor Elizabeth Sheedy, helps me to explore. She has been researching rules recently implemented by Financial Services regulators to ensure senior management are held accountable for their actions - like, for example, the Australian Banking Executive Accountability Regime (BEAR) and the UK's Senior Managers & Certification Regime (SMCR).

Elizabeth, who has been a previous guest on the — link 👇— is at Macquarie University in Sydney, and she specialises in researching Risk Governance, Culture and Remuneration in Financial Institutions. Her latest research explores whether the introduction of BEAR has resulted in a change in behaviour in the Australian banking system.

In our discussion, we explore the rationale for introducing an Accountability regime, what lessons can be learned from it so far & whether it has been successful. We also look at how Elizabeth's work helps to keep regulators in check.

For more on BEAR 👉https://bit.ly/2MRfXuH and SMCR 👉https://www.fca.org.uk/firms/senior-managers-certification-regime

You can read Elizabeth's research 👉http://ssrn.com/abstract=3775275 with a summary article on it 👉https://www.afr.com/companies/financial-services/apra-macquarie-says-bear-regime-is-showing-sharp-teeth-20210204-p56zfr

To discover more of Elizabeth's research 👉https://researchers.mq.edu.au/en/persons/elizabeth-sheedy

For more on the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry 👉https://en.wikipedia.org/wiki/Royal_Commission_into_Misconduct_in_the_Banking,_Superannuation_and_Financial_Services_Industry

You can hear Elizabeth's previous appearance on the podcast 🎧 👉 https://www.podpage.com/the-human-risk-podcast/professor-elizabeth-sheedy-on-behaviour-in-banking/

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(368)

Chloé Valdary on The Theory of Enchantment

How can watching Disney movies, help create more inclusive environments? The answer is in the word Enchantment.On this episode, I'm speaking to Chloé Valdary, the founder of an organisation called Th...

26 Syys 20241h 4min

Morgan Hamel on Moral Polarization

How does moral polarization challenge even the most well-intentioned leaders?In this episode, I speak with Morgan Hamel, who talks frankly about her journey from working in business ethics to launchin...

21 Syys 20241h 8min

Chloé Valdary, Morgan Hamel & Peter Stein on De-Polarized Diversity, Equity & Inclusion

What do you think of when you hear the words Diversity, Equity & Inclusion (DE&I)? If it's something negative, then this is the episode for you; because I'm exploring how we can transform DE&I from so...

14 Syys 202455min

Matt Ottley on Neurodiversity and Creativity

How does neurodiversity impact creativity? On this episode, I explore the challenges of mental health and how it can be both a driver of astonishing creativity and the cause of significant pain. I bel...

7 Syys 20241h 8min

Sharon O'Dea on Navigating the Digital Workspace

What makes a digital workplace truly effective? In this episode, I talk to Sharon O'Dea, co-founder of Lithos Partners, about the intricacies of navigating the digital workplace.Sharon brings her weal...

30 Elo 20241h 2min

Announcing the Decision-Making Studio Podcast

Introducing the Decision-Making Studio Podcast If you’re a regular listener to the show, you’ll know that it’s all about the risks of human decision-making. I try to bring you guests who can help us t...

27 Elo 20245min

Danielle Letayf on building a community

How can passion and irritation lead to innovation and community building? In this episode, my guest is Danielle Letayf, the founder of Badassery, a dynamic community designed for unconventional though...

24 Elo 20241h 5min

Professor Shannon Vallor on the AI Mirror

What if we saw Artificial Intelligence as a mirror rather than as a form of intelligence?That’s the subject of a fabulous new book by Professor Shannon Vallor, who is my guest on this episode.In our d...

16 Elo 20241h 10min