A Change that Adds Value
For the past decade, Finlay ON Governance has been illuminating the dynamic values and defects that shape the governance and performance of our major institutions of private enterprise and public trust.
We presaged the leadership failures and excesses that led to the Great Recession and accurately predicted the unravelling of numerous organizations, including Nortel, Livent, Hollinger, Bear Stearns and Lehman Brothers. We were the first to spotlight and report on the governance weaknesses of the New York Federal Reserve which were contributing factors to the banking crisis of 2008 and the economic upheaval it unleashed.
Our views on the corrosive effects of overreaching CEO compensation have been documented in some of the world’s foremost media. We coined the term turbo populism to augur the sea change that would alter the political forces, and fortunes, of both Democratic and Republican parties in the United States, and were among the first to raise alarm over a growing wealth and income gap unmatched by any time since the 1930s.
We called for a new paradigm for responsible capitalism: one that rewards value in performance and results but one that is also based on the timeless values of integrity, fairness, respect and compassion. It is a concept shaped by the belief, built over four decades of first-hand experience and analysis, that it is only when men and women embrace the deep public trust and ethical duties their leadership positions hold, and are driven by the genuine desire to enhance the lives of others, can the larger and more transforming mission of responsible capitalism be fulfilled.
Needless to say, our view that directors of major publicly traded corporations needed to really direct, and not merely wield rubber stamps, was a recurring theme. It is also one that proved apt to the 21st century catastrophe that rocked capitalism.
Many of these views and ideas, made freely available without restrictions or advertising, have been cited in legislative debates, quoted in the media and referenced in law review journals and in best-selling books. They have been used in university courses, contributed to the review of laws and regulations and served as the basis for case studies. Not surprisingly, they have drawn the interest, and often the support, of politicians, scholars and thoughtful individuals around the world.
Unfortunately, they have also been the subject of repeated incidents of blatant intellectual theft and plagiarism world-wide. It would run counter to any reasonable standard of ethics to permit this to continue.
As a result, it has become necessary to change the delivery mechanism for J. Richard Finlay’s much sought after work in a way that recognizes the value of his unique voice and its ability to inform, inspire and foresee. Finlay ON Governance, and its companion commentatorial, Finlay ON Ethics, is now available exclusively on an annual paid subscription basis to discerning clients throughout the world who value an authentic voice framed in a percipient perspective.
Access is also available on a pro bono basis to select groups and individuals who share a similar interest but are unable to meet the paid subscription requirements. In both cases, clients are subject to pre-approval in order to minimize the risk of further copyright infringement.
Other measures have also been put in place to detect and prevent the wrongful appropriation of past and current commentaries.
Clients value the fact that change also brings with it the opportunity to candidly explore a range of fresh topics, challenges and ideas not previously part of Finlay ON Governance’s publicly accessible format. Readers, anxious to cut through the buzz of a cacophony of conflicting sounds and self-serving comments that have come to define the times, have always appreciated J. Richard Finlay’s straight talk. But they especially appreciate that it is presented in an eloquent style that combines information, innovation and an uncanny sense of prescience.
These have been J. Richard Finlay’s signature hallmarks for more than four decades. We hope you can continue to enjoy them in their new format for many years to come.
If you would like more information, please contact Elizabeth Thompson, setting out your specific interest and the organization you represent.