Richard Bowen

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November 21, 2019 By Richard Bowen

Misconduct Leads to More Misconduct

Hands pointing over puzzle pieces

The Global Business Ethics Survey (GBES), published yearly by the Ethics and Compliance Initiative (ECI), serves to foster a better understanding of ethics in the workplace from the perspective of employees. The 2019 report, incorporating responses from employees in 18 countries, examines the link between organizational commitment (to organizational values and ethical leadership) and two… [Read More]

Tagged With: ethical leadership

November 14, 2019 By Richard Bowen

Transparency and Ethics in Ireland

Irish flag against a blue sky with white clouds.

This coming week I’m off to Ireland where I’m presenting to several groups, Transparency International, Ireland, the Institute of Banking and the National University of Ireland. The core of each presentation is on ethics and integrity, using as a springboard my experience and resulting outcomes at Citigroup. I find that somewhat ironic given the present… [Read More]

Tagged With: ethical leadership, Ethics, Financial Crisis, Speaking

November 7, 2019 By Richard Bowen

The Fall of an American Icon

Image looking up at a McConalds sign against a blue sky from the ground.

The lack of ethics has become a household norm. Whether it be in the political arena from which it is blatantly absent or in business, ethical violations have become the new normal. Still how disheartening to see a business we grew up with, our kid’s happy meal place, a pillar of our community be struck… [Read More]

Tagged With: ethical leadership, Ethics

October 24, 2019 By Richard Bowen

How Will It Look in the Newspaper?

Graphic of newspaper with headline that reads, "Illegal action conflicted with values, staff felt terrible, never asked if participation was wrong."

There has been a strong spotlight on nonprofits in the last several years, from taxation issues to ethical concerns. Unfortunately, a few nonprofits have made the headlines as a result of ethical and governance malfeasance and so more nonprofits are under scrutiny and overall have lost public trust. I had the honor recently of leading… [Read More]

Tagged With: ethical leadership, Ethics, Leadership, nonprofit

October 17, 2019 By Richard Bowen

Boeing and the Perfect Storm

Photo of grounded Boeing jets at Boeing Field in Seattle Washington.

A new report from the Joint Authorities Technical Review (JATR) panel, convened by the FAA in April following two fatal crashes in less than five months involving the Boeing 737 MAX 8, said the plane’s new flight control system, called the Maneuvering Characteristics Augmentation System (MCAS) was not evaluated in concert with other systems. MCAS has been implicated… [Read More]

Tagged With: 737 Max, Boeing, investigation

September 26, 2019 By Richard Bowen

It’s Just Good Business…

The recent Business Roundtable (BRT), which includes CEO’s of some of the largest companies in America, revised their definition of the purpose of a corporation. The revised purpose statement, signed by 181 of their members, has focused more attention on ESG, environmental, social and governance issues. For the first time in the history of BRT,… [Read More]

Tagged With: Business Roundtable, ESG

September 5, 2019 By Richard Bowen

Purpose or Profits? Can we have both?

Graphic of four red shareholders on the left, many blue stakeholders on the right, and corporate priority with green arrows pointing both directions in the center of a round table.

Milton Friedman, the 1970’s Nobel economist stated that “… there is only one social responsibility of a business, to engage in activities designed to increase its profits.” And for over 47 years, the Business Roundtable (“Roundtable”), an association of CEOs of 193 companies with over $7 trillion in revenue and almost 15 million employees, followed… [Read More]

Tagged With: Business Roundtable, Shareholders, Stakeholders

August 1, 2019 By Richard Bowen

It’s About Trust, Stupid!

Image of a man walking to the left inside a circle, the word TRUST in a box across his head.

Leaders in the C-Suite are responsible for setting the strategic path a company must follow to achieve its desired performance and for determining the means by which those goals will be accomplished. However, achieving those goals and retaining their position and power to get those goals accomplished is not possible if they do not have… [Read More]

Tagged With: Leadership, trust

July 11, 2019 By Richard Bowen

We’re getting better ethics grades!

Scrabble tiles spelling out Ethics

How would you rate your company’s ethical culture? Here’s the good news… the corporate fraud and ethical scandals of the last ten plus years have shown a spotlight on the importance of ethics. According to the 2019 Ethics and Compliance Program Effectiveness Report, based on a survey of 480 ethics, compliance and legal professionals at large… [Read More]

Tagged With: ethical leadership, Ethics

June 27, 2019 By Richard Bowen

Let’s Get Real!

People meting in a casual office setting

Authentic is defined as being true to one’s own personality, spirit, or character; no pretensions. Recent studies emphasize that bringing the real you, the whole self, an authentic self to work impacts ethical behavior. According to Maryam Kouchaki’s recent research with Mahdi Ebrahimi and Vanessa Patrick, it seems that “enabling people to bring their whole selves… [Read More]

Tagged With: authenticity, business ethics, ethical leadership, Ethics, Leadership, whole self

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What People Are Saying About Richard M. Bowen

William D. Cohan"Richard Bowen is one of my heroes. His is a story of human fortitude at its best and Wall Street at its worst."

~ William D. Cohan, NY Times Best Selling Author
2017-06-30T10:08:59-05:00
"Richard Bowen is one of my heroes. His is a story of human fortitude at its best and Wall Street at its worst." ~ William D. Cohan, NY Times Best Selling Author
https://richardmbowen.com/testimonials/2556/

Eileen McDonnell"Richard Bowen reinforced my motto that "there is no right way to do a wrong thing.” Long after his presentation, the conversation has continued about personal responsibility and the courage to challenge things that appear to be wrong. We encourage this dialog and rely on it to help make our business stronger."

~ Eileen McDonnell, Chairman, CEO, & President, Penn Mutual
2015-02-13T19:51:19-06:00
"Richard Bowen reinforced my motto that "there is no right way to do a wrong thing.” Long after his presentation, the conversation has continued about personal responsibility and the courage to challenge things that appear to be wrong. We encourage this dialog and rely on it to help make our business stronger." ~ Eileen McDonnell, Chairman, CEO, & President, Penn Mutual
https://richardmbowen.com/testimonials/711/

Ben Stein"Richard Bowen, you are a star and a hero."

~ Ben Stein, Economist and Political Commentator
2015-02-13T19:50:26-06:00
"Richard Bowen, you are a star and a hero." ~ Ben Stein, Economist and Political Commentator
https://richardmbowen.com/testimonials/712/

Jim Farrell"Richard's speech at the April Financial Executives International dinner was informative, interesting, riveting, and fast moving.  The feedback from members was overwhelming positive, and Richard received one of the few standing ovations given by our membership."

~ Jim Farrell, Program Chairman, Dallas Chapter, Financial Executives International
2014-12-28T19:48:17-06:00
"Richard's speech at the April Financial Executives International dinner was informative, interesting, riveting, and fast moving.  The feedback from members was overwhelming positive, and Richard received one of the few standing ovations given by our membership." ~ Jim Farrell, Program Chairman, Dallas Chapter, Financial Executives International
https://richardmbowen.com/testimonials/532/

Dennis McCuistion"Richard Bowen has been there, done that, and has the scars to prove it, and his message of corruption at the highest levels of industry and government needs to be heard. I only wish that more bankers had the courage that Bowen exhibits. He is not only one of the most talented bankers I have ever met, he has more integrity than all the bankers on Wall Street put together. If his former employer had listened to him taxpayers would not have had to bail out Citi for the third time in the last 30 years."

~ Dennis McCuistion, Host of the McCuistion TV program
2014-12-28T19:48:06-06:00
"Richard Bowen has been there, done that, and has the scars to prove it, and his message of corruption at the highest levels of industry and government needs to be heard. I only wish that more bankers had the courage that Bowen exhibits. He is not only one of the most talented bankers I have ever met, he has more integrity than all the bankers on Wall Street put together. If his former employer had listened to him taxpayers would not have had to bail out Citi for the third time in the last 30 years." ~ Dennis McCuistion, Host of the McCuistion TV program
https://richardmbowen.com/testimonials/533/

Betty Garrett"Richard Bowen is a dynamic, entertaining speaker and story-teller - a CPA with a great personality!"

~ Betty Garrett, Garrett Speakers International
2014-12-28T19:47:50-06:00
"Richard Bowen is a dynamic, entertaining speaker and story-teller - a CPA with a great personality!" ~ Betty Garrett, Garrett Speakers International
https://richardmbowen.com/testimonials/531/

fred-timmons"I believe Richard Bowen is the only keynote speaker to ever receive a standing ovation from the Texas Society of CPA’s at any of its annual conferences."

~ Fred Timmons, Chairman of The Texas Society of CPA's
2014-12-28T19:47:22-06:00
"I believe Richard Bowen is the only keynote speaker to ever receive a standing ovation from the Texas Society of CPA’s at any of its annual conferences." ~ Fred Timmons, Chairman of The Texas Society of CPA's
https://richardmbowen.com/testimonials/530/

Presentation Topics

Playing for High Stakes: The Principles and Practice of Ethical Leadership

Dark Citi: The Story of a Whistleblower

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Recent Posts

  • Speaking at IIA Super Conference
  • Tenth Anniversary of Speaking to UTD Cohort Full-Time MBA Program
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  • Thanks to Whistleblowers, the State of Texas May Finally Get Rid of this Legal and Ethical Embarrassment
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About Richard

Now an ethical leadership speaker, Richard Bowen was Citigroup's Business Chief Underwriter during the housing bubble.

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