Interesting that four of the six articles on the front page of today's Post are about institutional failure:
-- the Securities and Exchange Commission and Bernie Madoff's Ponzi scheme--the agency reprimanded 8 but didn't fire anyone
-- Penn State University over the sex abuse scandal involving football coach Jerry Sandusky--in all likelihood, the campus police department's investigation of Sandusky in the late 1990s, and their failure to report the results to the local police department puts the university at risk for tens of millions of dollars of civil damages
-- the US Dept. of Energy's failure to keep other agencies and stakeholders in the loop about Solyndra and its failure
-- Italy's premier, Silvio Berlusconi, is finally leaving office as a result of the present debt crisis.
Labels: change-innovation-transformation, corporate governance, corruption, ethics, organizational behavior, organizational development, provision of public services
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