In this conversation Sonja Stirnimann and Nick Gallo, co-CEO of Ethico, discuss the multifaceted nature of integrity in business, emphasizing its importance beyond mere compliance. They explore the interplay between individual and corporate integrity, the role of culture in fostering ethical behaviour, and the challenges leaders face in maintaining integrity under pressure. Nick Gallo shares personal experiences and insights on mentoring future leaders, the significance of a long-term perspective, and the essential role of people in cultivating a culture of integrity.

Just a few highlights of our conversation with Nick Gallo:

Compliance is maybe the bricks in the wall, and integrity is what kind of holds it together.

I just think culture is the only sustainable competitive advantage in business. And culture is like a bonfire.

And especially also now with all the globalization we have, we have different cultures. And different culture also means different understanding of integrity.

A leader has that strategic foresight, also makes sure that the organization and also the teams are resistant and resilient.

Some of the takeaways of this integrity talk:

• Integrity is the mortar that holds compliance together.

• Culture is the only sustainable competitive advantage in business.

• Words on a wall are often aspirational and not reflective of actual behaviour.

• Every business is fundamentally a people business.

• Integrity is not set in stone; it evolves with the organization.

• Maintaining integrity requires constant reinforcement and focus.

• Long-term perspectives help navigate ethical challenges effectively.

• People want to be part of organizations they can be proud of.

• Leaders must continually tend to the culture of integrity within their organizations.

IMPORTANT LINKS AND MENTIONS

The following episode might be also of interest for you:

Episode 072 - Back to Boardroom Reality – Integrity in Strategic Reset

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