“Can we build a car for $2000?” asked Tata’s Indian management and the reply came back “yes”. Now we know the right answer was “no”. The response also revealed the vehicle’s executives as devoid of ethical leadership. The Tata Nano is a disgrace and does a huge disservice to the […]
No wonder so many recent pictures of J.P. Morgan’s CEO show him looking smug. Must be nice knowing you’re worth a salary of $20 million? [1] But this cash waterfall is unethical. No so, argues the normally sane and responsible Warren E. Buffett of Berkshire Hathaway I think he’s worth more than […]
“Don’t invest in crowd funding where you could be competing with our lending efforts.” Wells Fargo Ethics administrators recently sent every bank employee the equivalent of this message. Crowd funding raises cash by avoiding traditional lenders, like ordinary banks. Instead, the platform matches capital to private individuals. Good bye Wells […]
Efforts to kill sleaze grew in 2013. Even China bashed big pharma over bribes for doctors. World regimes made fresh laws and vows to end kickbacks. “Corruption is enemy number one,” claimed a recent FT feature.[1] China is home of foul play in so many parts of public life. Now […]
Will 2014 be when many organisations re-discover their ethical boundaries, and seven leadership actions for running a responsible organisation
Ethical indices provide benchmarks for a company, but with more than 250 local and global ethical indices schemes to follow, a business may have trouble figuring out how it stacks up. These indices can be equally vexing for investors, who use them to determine what can be considered an “ethical investment.” Phillippa Foster […]
A Guest posting from Mary C. Gentile PhD, Director, Giving Voice To Values, Babson College Teaching and training on business ethics has tended to focus on ethical decision-making as an intellectual topic. That is, sharing the rules, the laws, the moral principles as well as the different ethical reasoning models. […]
The price paid for companies behaving badly goes on rising. Apart from a stream of enforced exits by CEOs, mounting fines, priceless damage to reputation and loss of customer goodwill, we’ve seen a steady drop in society’s trust in business leaders. Yet being an ethical leader is not just a […]
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