A core element of ensuring our employees fulfill their true potential, relates to the provision of training and development. If we turn the spotlight around, though, the interesting question is – can we train and develop ourselves to become better CEOs?

Recently, Korea’s government has been racked by a corruption scandal that has resulted in the resignation of Prime Minister Lee Wan-Koo. The scandal threatens to engulf Park Geun Hye’s administration and may result in an early application of Korea’s new anti-graft law resulting in prison sentences for some government officials. No one wants to be implicated in scandals involving graft or corruption of government officials including corporations. Well, what should corporations or organizations do to protect themselves from corruption charges? Is there a magic bullet? The closest thing to a magic bullet in today’s world is compliance.

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