CBI hires business ethics consultancy to spearhead survival bid

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Rain Newton-Smith, the new CBI chief, has hired Principia to review its culture ahead of an EGM on June 6 that will determine the lobby group’s future, Sky News learns.

New CBI boss focused on winning back trust

"They are experts in building ethical organisations, and will work with us to identify the root causes of past failure, and recommend the changes required for cultural renewal and rebuilding trust. "They will provide us with the independent, rigorous analysis, and the deep expertise in conduct and culture we need."Ms Newton-Smith said the CBI needed"concrete actions and transparency about what we're doing, so that everyone feels empowered to share their stories and knows they will be supported".

She added that its staff were"already doing what they do best, coming together with brilliant ideas and dedication"."Without a mandate from you, we have no future.""And we are continuing to provide you with economic insights to make better decisions in these challenging economic times. "I just hope that, working together, we can rebuild our culture, redefine our purpose and regain your trust so that we can help make that happen."

 

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