Today we launch the Call for Evidence for Tomorrow's Corporate Reporting - we are immensely grateful to PwC and CIMA for their support and for working so collaboratively to shape this programme of inquiry.

Tomorrow’s Company had the great delight and honour of hosting Sir David Walker providing our first Tomorrow’s Good Governance Forum lecture.    In a wide ranging ‘tour de force’ it was though the comment made by Sir David as part of the discussion with the audience that really struck me – that it was behaviours that were at fault, and not ethics ...

To summarise the argument that follows: behaviours are outcomes, but expecting people to behave better without understanding the drivers of ‘better’ behaviour is not going to be effective – an understanding of ethics is essential to having some leverage on what goes 'inside and between' people, and how to build the capacity of people to see the need to behave differently.

To avoid another credit crunch we cannot rely on regulation alone

 

The proposal from a cross-party commission for a "Hippocratic oath" which would "require bankers to take into account the impact of their activities on the wider economy and on society, rather than focusing on making a short-term profit" directly addresses the need to reconcile values and value creation.

It should be time to discuss the big issues which will define the years ahead, notably how are we, as a nation, going to pay our way in the years ahead?

Over the last few weeks I’ve been in Copenhagen and India, as well as the UK of course.  That not only makes me very lucky, it also gives offers some interesting insights as the world waits: in the words of the bloggers, what will be the future judgement of history, Hopenhagen or Nopenhagen?