“Everybody’s ethics are different”, claimed Richard Desmond, owner of the Daily Express. He was being put on the spot to say what ethics meant to him. His much derided response landed badly. Particularly at the national enquiry examining the ethics, or lack of them in the media and especially at […]
Tag: rules
Ethical fading: is it happening right under your nose?
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 […]
Survey: What the C-Suite cares about right now
What is the executive team’s top priority? No prizes for guessing it’s growth, growth and more growth. LRN’s latest report on Ethics and Compliance confirms the C-Suite concern has stayed the same for the last three years—see chart. Boosting profits, cost cutting and innovation stay well ahead of other concerns. Innovation […]
How incentives can distort sales honesty
GUEST POST FROM RICHARD BISTRONG Can a sales or business development person succeed around the world, while staying on the path of an anti-bribery and ethical program? [spacer height=”20px”] In The Ultimate Excuse, Andrew Leigh offers the bell curve of employee ethics. Most employees (93%) are committed or neutral. This got me thinking. […]
Why going beyond compliance makes business sense
Should a company go beyond compliance? Is there any point in doing more than meeting basic regulatory requirements? The latest White Paper from US growth specialists Frost and Sullivan looks at how practices that go beyond compliance can drive company value. The paper’s broad conclusions apply to any organisation wondering whether […]
Bad apples, rogue employees, and lone wolves– the fine art of denial
All you’ve got to do is say you were a lone wolf.” This is what ex News of the World former royal editor Clive Goodman said he was told by Andy Coulson, one of those involved in the hacking scandal.[1] The lone wolf defence suggests the mis-behaviour is a rare exception. […]
Shredding no longer a simple, innocent action
Shredding Enron documents virtually destroyed Arthur Anderson, a once world-class consultancy. The latest news about shredding of committee minutes about Forex at the Bank of England may not be in the same league. Such activity though, could undermine the integrity and reputation of the bank. This danger explains why the […]
“Show don’t tell”, the musical message for all leaders
Don’t talk of stars burning above If you’re in love show me Tell me no dreams filled with desire If you’re on fire show me.” Eliza Doolittle’s heartfelt cry in the musical My Fair Lady targets all business leaders. When the exasperated girl tells her lover “Words, words, words, I’m […]
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