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This episode discusses the Ivy Business School's leader character framework, emphasising the importance of character in leadership and risk management and how elevating character to the same level as competence and commitment can ensure better decision-making and financial oversight, especially during such uncertain times. Dr Mary Crossan explains the framework's development post-2008 financial crisis, highlighting 10 dimensions of character like integrity and humility. Bill Furlong, with a background in capital markets, shares how the framework can help address compliance issues by linking character imbalances to suboptimal judgments. He also stresses how critical the accountant’s role is in governance, oversight, and the smooth functioning of the economy. Dr Corey Crossan, from Oxford University, details university programs integrating the framework, noting significant improvements in leader effectiveness and well-being. The framework is seen as crucial for navigating today's challenges and enhancing organizational culture and performance.