“Most of our leaders fail” Ronald E Riggio Ph.D Mar 09, 2010 in Cutting-Edge Leadership When it comes to being a CEO of a big corporation more fail than succeed. Estimates of leader incompetence and failure range from one half to two-thirds. The tenure of most CEOs is too close […]
Tag: ethical abuses
Can ethics and sales ever be reconciled?
By Catherine Bernales and Antonia Di Lorenzo There’s a great cartoon in which a sales manager tells one of his team: “A dynamic sales idea Lou. I’m just sorry I have to notify the police.” At the recent Ethics and Governance conference by Ethisphere, in London, an attendee challenged the […]
Silence: tackling the enemy of ethical decision making
What is the enemy of ethical decisions in companies? Quite simply it’s silence. Silence when an issue arises, silence when choices are being made, silence after they’ve been made and the effects reverberate. A well-liked senior vice president at a big health-care company lost a key promotion and left in […]
Facebook- Now we’ve got you, you’re ours to sell!
By Brooke Paterson “I can understand why some people have concerns about it, and my co-authors and I are very sorry for the way the paper described the research and any anxiety it caused.” [1] These were the weasel words of social psychologist Adam D.I. Kramer, PhD who […]
When the whistle blows, much depends on who does the blowing
What a world of difference between blowing the whistle on your company, and when the company blows the whistle on you! In the case of Courtland Kelley of GM, highlighting and pursuing an unethical production practice—a failing starter motor putting lives at risk–led to a career disaster. [1] Side-lined, denigrated, and […]
The financial Zeitgeist and eroding resistance to change
Anyone learning Chinese soon encounters the classic tale of Zhang Guiya a county magistrate patrolling government buildings.[spacer height=”20px”] He meets a minor official rapidly leaving the money vault.[spacer height=”20px”] “Why are you in such a hurry” asks the magistrate who subsequently finds a valuable metal piece hidden in the man’s head […]
Big business risks losing its social licence—Part 1 of 2
You need a licence to open a café or sell wine from a UK store. Should enough local people object you may be stopped. This is part of the “social licence”–where society affects what business can do. That a firm needs a social licence seems strange. Yet most would agree […]
Emerging markets and their ethical challenge
From China to Brazil, emergent nations claim one thing in common. They are fast growing and lure some of the largest firms to invest in them. A further pang of hunger comes from the West’s own slowdown. It is hard not to be impressed by the vitality of these newer […]