Organisations should make it clear that senior people are accountable for the actions and omissions of their workers and in the event that they do end by presiding over a catastrophe, their conduct or performance shall be explored formally and if the organisation will not be satisfied, it will likely be grounds for dismissal. A part of that is guaranteeing that there are processes and checks in place to ensure that might-be rogue workers are stored in check and quickly spotted and handled if they do go off-piste. Senior administration are usually not and should not be immune to self-discipline. Within the office, this brings us to another query: if you do not know what’s happening in your organisation, does it mean that you’re not working a tight ship? Bob Diamond argues that he didn’t know concerning the wrongdoing. The suggestion by Mr Diamond that he ought to quit his bonus will not be especially helpful. Bob Diamond tried to blame others and drew the wrath of the Treasury Choose Committee.
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