Remove Engineering Remove Ethics Remove Finance Remove IPO
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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business Review

Susan Fowler, a former site reliability engineer at Uber, recently wrote about her “very, very strange year at Uber,” characterized by a pervasive culture of alleged sexual harassment. That is like setting up a finance organization to do exotic risk hedging before putting in place basic reporting and compliance.

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Culture, Not Leverage, Made Wall Street Riskier

Harvard Business Review

The design engineers kept taking incremental risks that they thought were acceptable and normalized them — until the disaster. Before the IPO in 1999, partners of Goldman Sachs owned equity in a private partnership. The result was an intense focus on risk, including risks related to ethical standards.