Death, taxes and corporate scandals are life’s three certainties. In the wake of the PWC scandal, it is tempting to think this kind of thing is preventable, so the ensuing outrage often leads to more rules "so that this never happens again". It's misguided. I’m here on Sky News on 27th May talking about why.

In leadership decision-making, we need to force-rank priorities, make imperfect choices and get comfortable with compromises in pursuit of the higher, long-term goal.