168. Peter Norris: Leading through crisis: Barings Bank and Virgin Atlantic's Covid fight for survival
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168. Peter Norris: Leading through crisis: Barings Bank and Virgin Atlantic's Covid fight for survival
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Peter Norris is Chair of the Virgin Group. Formerly, he was CEO of Barings Bank during its fateful collapse in the mid 1990s. Listen to this episode to hear about: Three moments that shaped how Peter behaves in the boardroom (00:59) Why Peter took responsibility for a fraud he didn’t commit (11:23) The one question every board should ask when the numbers look too good to be true (14:27) How fraud gets stronger every day it goes undetected (16:11) The moment Peter Norris knew Virgin Atlantic might not survive (18:01) What a Chair should do when their company is facing extinction (19:07) The four buckets Virgin Atlantic focused on to survive COVID (22:15) The Richard Branson PR disaster (23:50) How Virgin Atlantic saved itself with no shareholder and no government support (24:54) Peter’s thoughts on Brexit (29:15)⚡The Lightning Round ⚡(33:04)
Host: Oliver Cummings
Producer: Will Felton
Editor: Penelope Coumau
Music: Kate Mac
Audio: Nick Kold
Email: podcast@nurole.com
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom