Jump into the fray to remedy corporate wrongs
Sitting on the sidelines and criticising misdeeds is far less effective than ensuring corrections can be made
Few will deny that an enormous fire of corruption and unethical behaviour is raging through corporate SA, one that threatens to destroy many companies, careers and livelihoods and shatter our already fragile economy.
Just as our natural instinct is to run from fire, many have, understandably, distanced themselves from companies alleged to have been involved in wrongdoing. Since the revelations at the Nugent commission last year of Bain’s involvement in the weakening of the SA Revenue Service (Sars), the management consultancy has experienced an exodus. Advisers have parted ways with the firm, but most costly has been the departure of clients. Within just a few months, Bain’s business in SA suffered severely.