Date Published: 
04/30/2012

The story is well known, (or the background is here and here).  As it continues, Murdoch ‎was called to testify before the parliamentary commission investigating the story.

While the event was interesting to those who follow the story, the actual day of ‎testimony is sometimes lackluster.  And that’s what many witnesses ‎want.  Joking, convivial, “little old me? I’m flattered, but I think you exaggerate ‎my influence sir.”  Or something like that.

He did say a few things of note that were focused on damping rather than ‎increasing the fires:‎

  • ‎“The buck stops with me.” He did take responsibility, and acknowledge he was ‎guilty of not keeping a close watch on things at News Corp.‎
  • They’ve gone through millions of emails, are handing over material to police, ‎and that material has caused much “distress” to some long-time colleagues.  ‎
  • He shut down the “news of the World” out of a sense of panic, he said.  ‎
  • The current company is a “new company” with “new rules” and “new ‎compliance officers”‎


Definitely a big change from the first round.  ‎

 

Risk Management Perspective: 

It sometimes pays to be more contrite in front of parliamentary commissions and ‎public inquiries. Putting aside spin, packaging, and message, sometimes the tone ‎is as important in not throwing more gasoline on the fire and enraging commission ‎members.

 

Industry Group: 
Large Enterprises
Industry: 
Entertainment
Country: 
United Kingdom
Risk Class: 
Strategic
Risk Type: 
Reputation
Risk Type: 
Ethical Tone

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