For The People And The City

Prudence and moral management are a bulwark against adversity. Doctrines advocating such practices are a sign of the unity of opinion and purpose in the management and academic communities. Institutes and professional associations should be signs like brands that people recognise instantly as signs of quality. Industry sets standards and gives awards to companies that achieve their quality marks. Codes of ethics and good practice are there as guidelines for their members in an industry or sector and for reference for non-members as future targets. Businesses and individuals should also aim to be like brands. When they fall short, informal correction is better for correcting mistakes than ignoring them or going public straight away. Good internal and external working relationships should be maintained for operations to run smoothly. The psychological contract is important. Mutual agreements must be honoured. Disciplinary recalcitrance may demand stronger action if the disruptive behaviour persists. If it gets beyond redemption the contract should be terminated.