Ahhh... yeah, that's just how the CEO cookie crumbles, ain't it?
Background: The Star has been through its own royal commission-style inquiry, and it's dug up some serious dirt.
What happened: The inquiry found the casino helped high rollers bring in millions of offshore cash... set up a secret gambling room for them and hide it from regulators. And when consultants tried to tell The Star something was awry... it didn't really wanna hear it - or do anything about it.
What else: Now, the CEO is stepping down from his role at the company immediately.
💡 When senior leaders are unwilling to hear bad news, it can be bad for a company's entire culture.
💡Juniors start to realise there really ain't no point in reporting issues if the senior team ain't going to take any action. This creates a culture of systemic under-reporting and unaccountability.
💡It means more issues get swept under the rug... like they did at The Star. And it's widespread: in fact around 60% of all misconduct in the workplace is never reported, research shows.
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