“We remain confident that we took every practicable and reasonable step to ensure that the range would be ethically produced.”[spacer height=”20px”] Deputy Chief Executive Fawcett Society, about charity T Shirts revealed as produced in forced labour conditions. Guardian, 3rd November 2014 In 2013 a group of Lithuanian men bought passage […]
By Keith Edmonds, Consultant at Coverdale Organisation Ltd The attentive City audience knew something important was coming. Yet they also expected the usual Bank of England platitudes. Instead Marc Carney who heads up the bank was brutally frank “Capitalism is doomed if ethics vanish” [spacer height=”20px”]Mr Carney told his London […]
This is the fourth in the series on the five pillars of ethical leadership in business Influence The fourth pillar is about Influence. Basically this prompts leaders to ask about any particular ethical concern:[spacer height=”20px”] How can we influence through our ethical actions?” [spacer height=”20px”] In answering this, leaders seek to […]
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 […]
I only did what everyone else was doing.” Or “my boss told me to do it.” These are the sort of dodgy answers people give when they want to avoid taking any blame for their actions.[spacer height=”20px”] To take an extreme case, the world refused to accept this excuse for […]
Even if they do not always recognise them, all business executives face moral dilemmas. What then is new? First, there is the demand to build ethics into the core of companies’ strategies. Not only do regulators expecting this, so does the rest of society. These days for example “society” can […]
Board room presence is essential if you are to carry weight and deliver a convincing compliance message. It stems from four aspects of human development: psychology, physiology, character, and chemistry. These are entirely learnable though you may sometimes need some specialist help to make the best of them.[spacer height=”20px”] Psychology This is […]
In a jargon-ridden study stuffed with technical observations and annoying acronyms, a new report from KPMG concludes the banking industry requires …nothing less than a complete metamorphosis of business models” [1][spacer height=”20px”] The industry needs such a transformation because the cost of bad behaviour is now life threatening. In a […]
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