Corruption in organizations is one of the biggest problems of our time, and many people believe it may be unsolvable—but Eric Ries doesn’t think so. As entrepreneur and author, Eric has dedicated his career to helping businesses succeed and do the right thing. His new book, Incorruptible, focuses on how to help organizations stay aligned with their ideals. In this episode, Adam and Eric break down why it’s so easy for modern companies to go astray from their missions, the incentives that encourage organizations to deprioritize their principles, and what differentiates companies that have managed to avoid corruption over long periods of time. Eric recommends a series of practices that any workplace can adopt, and shares what he learned from establishing a stock exchange anchored on long-term value instead of short-term returns.
ReThinking is produced by Cosmic Standard. Our Senior Producer is Jessica Glazer, our Engineer is Aja Simpson, our Technical Director is Jacob Winik, and our Executive Producer is Eliza Smith.