The Human Risk Podcast4 Feb 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/

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(368)

Will Tarrant on Service: Closing the gap between brand promise and reality

What makes great service? It’s one of those things we instantly recognise when we experience it, but struggle to define. And while organisations spend huge amounts of time trying to design seamless cu...

8 Mai 1h

Dr Carissa Véliz on Prophecy

What if prediction isn’t about knowing the future, but controlling it? On this episode, I'm joined by a leading thinker on digital ethics, privacy and technology to explore the idea of prophecy.Episo...

25 Apr 1h 2min

Dr C Thi Nguyen on How to stop playing someone else's game

We like to think we choose what matters. But what if the goals we’re chasing… aren’t actually ours?Episode Summary My guest on this episode is Dr. C. Thi Nguyen, philosopher and author of The Score: H...

12 Apr 1h 8min

Phil Dobson on Cognitive Leadership

We tend to assume that if we’re working hard, we’re working well. But what if that isn’t true?Episode SummaryMy guest on this episode is Phil Dobson, author of The Brain Book and founder of Brain Work...

4 Apr 1h 9min

Professor Mark Stoyle on The Western Rising of 1549

What lessons does a religious protest that led to an uprising in 1549 have to do with human risk?At first glance, not very much. It’s easy to see it as a distant historical event — something about re...

22 Mar 1h 4min

Jeffrey Ludlow on What A Sign Is...

What exactly is a sign? At first glance, that might sound like a strange question. Signs are everywhere: telling us where to go, what to do, what not to do, and sometimes what might happen if we igno...

14 Mar 1h 4min

Marc Ross on The Art of The Negroni

What Can a Cocktail Teach Us About Curiosity and Creativity? At first glance, documenting Negronis around the world might sound like a frivolous hobby. But could a simple cocktail become a vehicle for...

7 Mar 45min

Tom & Sue Hardin On Wired On Wall Street

What’s the difference between a mistake… and a bad decision? My guest knows this only too well. Tom Hardin has been on the show several times before. As Tipper X, he wore a wire for the FBI and helped...

28 Feb 1h 15min