The importance of corporate culture - Gilbert + Tobin Board Luncheon
A speech by Greg Medcraft, Chairman, Australian Securities and Investments Commission at the Gilbert + Tobin Board Luncheon (Melbourne, Australia), 15 June 2017
Good afternoon everyone. Thank you for inviting me to this boardroom lunch today.
I wanted to talk specifically about the changing landscape we find ourselves in today – and why, more than ever before, corporate culture is critically important.
So, today I have three points I would like to talk about:
- the rate of technological change we are experiencing today that is unprecedented – this is the fourth industrial revolution
- why the culture of firms is critical to building and maintaining trust in this environment
- the drivers of culture.