Communicating Culture: Internal Engagement Under the Senior Managers Regime December 6, 2016
Taylor Bennett, our sister firm in London, has just published an analysis of the new Senior Managers Regime (“SMR”) and what it means for the corporate communications function – particularly internal communications – in the U.K. Even companies not directly impacted should view the SMR as part of a broader, global trend toward holding individual managers personally accountable for maintaining a corporate culture that discourages unreasonably risky or even legally questionable behavior. (The Department of Justice’s 2015 Yates Memo arguably fits on that same trend line.) The main takeaway from this research: corporate culture is more important than ever, and communicators can play a key role in helping the C-suite and other senior management to promote appropriate values and manage business risk.