The Power of One in London
James Barbour reports from the ICAS Power of One event in London, as part of the campaign to help re-establish ethics at the core of business practices and to rebuild public trust in business.
It is almost a year since ICAS launched ‘The Power of One’ initiative.
In that time events have been held across the globe and the initiative has received considerable plaudits from across the accountancy profession. A series of related documents have also been published.
Last night was London’s turn to host an event on this subject matter. The event, held at Deloitte, was chaired by Peter Holmes (Partner, Deloitte and member of the ICAS Ethics Board) and featured James Barbour (ICAS Director, Technical Policy), Giles Cuthbert (Managing Director, Chartered Banker Institute) and David Miller (Princeton University).
I highlighted the vital role that ethics plays in the profession and provided the audience with the background to, and progress of, ‘The Power of One’ and related initiatives.
Giles Cuthbert looked deeper into the concept of ‘Moral Courage’ and highlighted its importance using the Challenger Shuttle disaster in 1986 as an example of what can go wrong when an individual fails to exercise moral courage.
David Miller took the audience on an ethical journey highlighting some of the main schools of ethical theory as well as highlighting to the audience his definition of ethics.
The audience ensured that the speakers were kept on their toes with a series of challenging questions across a variety of topics. In summary, a very engaging event!