Belated, very belated it seems, boards of directors are waking up to the fact that culture matters, especially to the extent that it impacts the bottom line. In a recent interview, Uber board member Arianna Huffington said, โ€œWe are recognizing that whatโ€™s happening in the culture has direct consequences to the bottom lineโ€ and gave several different examples of where she believed that a negative and even toxic culture had negatively impacted the company.

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...