From Legal Compliance to Cultural Competitiveness: The Role of the General Counsel in Risk Management

Thomas Emch, General Counsel, Conzzeta AG, Switzerland

Reports of spectacular malfunctions at well-known international companies keep hitting the headlines. When we use the word ‘malfunctions’ in this context, we do not mean incidents caused by technical failure or force majeure, such as railway accidents, aircraft crashes or breakdowns of industrial machinery. The focus is rather on the never-ending announcements such as “Profits Plummet as Company A Fined for Restrictive Practices” or “Company B Paid Billions in Bribes.” Current and past events in the banking industry worldwide also raise the question as to why things keep going wrong in areas where the intrinsic risks and perils are or, at least, ought to be known and to be avoided or at least managed.

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Switzerland Management Industry June 2010 Vol. 3, No. 11, Spring 2010

Thomas Emch

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Conzzeta AG

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Conzzeta AG. The Group's principal activities are developing, manufacturing and marketing of machines and equipment used for working on glass and metal. The Group's operations are carried out through seven divisions. The Sheet Metal Processing System division includes laser cutting, bending and water jet cutting machines. The Glass Processing Systems include machines and equipment used for working on glass. The Foam Materials division manufactures and processes special foams made of polyurethane. The Sporting Goods division supplies outdoor and sporting products. The Automation Systems division is an international supplier of systems for the automation of assembly and quality assurance for mass products. The Graphic Coatings division develops and manufactures varnishes and laminating adhesives for the graphic industry. The Real Estate division's activities include area development and the utilization of land assets.

Switzerland Management Industry June 2010 Vol. 3, No. 11, Spring 2010
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