It is reported that Michigan State will be paying $500,000,000 to the young women who were abused by Larry Nassar. I used all the zeros for a reason. It is a shocking number. I am not going to dive into all the facts and circumstances that led to the settlement in this post. What I do want to stress is this:
If you see wrongdoing in your organization, particularly if you are the leader of your organization, you need to step up and do the right thing.
Time and time again I have seen organizations that try to minimize, hide or ignore wrongdoing. It does come back to bite you. Don’t believe me? Well, I’ve 500,000,000 reasons for you.