“We want to stay a family business. We want to be able to think long term. We want to be able to concentrate on the values—the ethical and moral values, of course that we have…” Sir James Dyson, in Boldness in Business, FT.Com March 2018 Ethical business leaders develop […]
Tag: Short termism
It’s the culture, stupid!–making sense of business ethics
Travis Kalanick, Uber’s combative, and arrogant CEO is no model ethical leader. His apparent “shock horror” at finding lack of respect for employees as rampant under his regime does not convince. To Kalanick, business results out rank everything else. Integrity seems in short supply. Whether its treatment of women or […]
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 […]
High rollers with low morals
“With so many people rolling the dice in hopes of a big score, there are bound to be some winners, their rich rewards raise wealth inequality even further.” This conclusion by Edmund Phelps, winner of the 2006 Nobel Prize for Economics has important implications for the ethical behaviour, or rather […]
“What exactly is your company purpose ?”–asks Aspen Institute
“If you don’t know where you’re going any road will do” remains as true now as when it was first coined thousands of years ago in China. The latest report from the Aspen Institute in Washington DC throws more light on the destination organisations’ want to reach—namely their purpose. [1] Based […]
Seven ways financial leaders can start being more ethical
Perhaps it’s asking too much to expect a trade association to show ethical leadership. Even so, the gap between what the Financial Services Forum says is happening and what Christine Lagarde, head of the IMF says is going on remains absurd. [spacer height=”20px”] Speaking for the biggest banks, the Forum declares […]