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Monday, December 23, 2024 | 04:27 AM ISTEN Hindi

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The remorseful CEO

Today, apologies by CEOs of global corporations have become so common that you get case studies on the subject

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Kanika Datta New Delhi
Facebook, Apple, Toyota, Microsoft, Uber, Amazon, Starbucks, Novartis, AT&T… All these corporations figure among the world's most valuable but they have another common denominator: All of them have had their CEOs issue apologies to employees, customers or the public in the recent past. 

This year alone has seen no less than four mega-apologies. From Facebook's Mark Zuckerberg for yet another privacy breach (he's apologised in 2007, 2008 and 2010 for similar transgressions); from Starbucks' Kevin Johnson for the appalling racial bias of staff in a Philadelphia outlet; and from Novartis' Vasant Narasimhan and AT&T Randall Stephenson for paying Donald Trump's sleazy
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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