accountability
The Freedom of Information Act (FOIA) is based on an important principle: any document that the public pays for belongs to the public. Whenever a government official writes or records something as part of their taxpayer-funded duties, ordinary citizens have a right to request a copy, with some exemptions for privacy and security. Politicians, of course, hate that kind of accountability. And every so often, they get caught hiding their official correspondence from FOIA requesters. Hillary Clinton's attempts to stash State Department emails on a private server were a major scandal during the 201...
Reason
A company’s success is attributable to many factors, but for businesses built to thrive over the long term, accountability is essential. Accountability is about taking responsibility for one’s actions. It’s difficult to develop a high-performing team if accountability is lacking, because little gets done when no one takes ownership for addressing issues and solving problems. One person’s missed deadline becomes the team’s delay, and mistakes that are tolerated become the dysfunctional norm. The team and the company suffer. Q3 2022 hedge fund letters, conferences and more Find A Qualified Finan...
ValueWalk
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