“Lower-Value Human Capital”

Communication Breakdown · May 28, 2026 · 30m

In this episode of Communication Breakdown, Steve Dowling and Craig Carroll unpack two corporate reputation problems where leadership, governance, and messaging collided under pressure. First, they examine Standard Chartered CEO Bill Winters’ “lower value human capital” comment and the three cleanup attempts that followed. Then they turn to BP, where chairman Albert Manifold was removed after less than a year, setting off a governance fight that threatens to prolong the company’s instability narrative. Across both stories, Steve and Craig show how communications teams lose ground when leaders…