“I did what I thought was right, given the circumstances, given my knowledge at the time, given the pressures on me at the time.” Lee Kuan Yew, Singapore’s founding leader. “Doing what’s right” lies at the heart of ethical leadership. In business there’s always room for debate about what this means […]
Martin Shkreli, has been called the most hated man in America. CEO of a tiny company Turing Pharmaceuticals, he had bought the lifesaving prescription drug Daraprim from its owner Impax Laboratories. He promptly hiked the price 5,455% from $13.50 a pill to $750. He has since resigned from his job […]
With additional comments by compliance expert Richard Bistrong Checking up on employees to see they’re doing their job well is in disarray. Most managers hate doing annual performance reviews. Many completely fail to do it properly or at all. Those on the receiving end of appraisals–to give performance management yet another […]
“We can no longer simply use GDP growth rates to decide who the [party] heroes are,” President Xi Jinping speaking to party leaders in June 2014. [2] Instead, China’s leaders are adopting a new Quality of Life [QOL]measure. This is a significant cultural, economic and ethical shift. It has potentially […]
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 […]
A neat way to kick a hard ethical dilemma into touch is to re brand it as a “political” choice. Right now two great example of this happening are the dilemmas posed by fracking—getting buried fuel from just about anywhere, including under people’s homes; and the case for a third […]
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. […]
Little sympathy can be spared for bosses with a record of ethical failures. Often though, their resulting downfall proves the start of an incredibly costly and seemingly endless saga of damage repair as successors try to pick up the pieces. Almost simultaneously, both CEOs of global security companies Serco and […]
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