There were plenty of news stories throughout 2016 that kept business leaders wondering, how deep within the corporate culture did deceptions live? And how do they fester long enough to explode into these kinds of ethical issues?
Organizations with a strong culture of trust are more productive and resilient than their competitors.
When did CEOs decide that morality was irrelevant? Shouldn't the recent departures by the heads of United Airlines and Volkswagen send a message that cutting ethical and legal corners is a foolish business strategy?
Think your company’s anti-corruption policy is enough to keep employees from engaging in unethical behavior? Think again.
The most important trait of ethical leadership is the ability to stop and think. A pause provides a fortress of composure amid the chaos of our constant activity, allowing us to make sense of all the stimuli, differentiating and determining an appropriate response. Here are 5 more traits of an ethical leader.
Ethics consultants are not hired when everything is hunky dory. They're different, and often more severe, than other corporate crises. An ethics crisis is about who you are as an organization and not just about specific actions that have gone wrong. But you can limit their damage.
Have CEOs essentially lost their first amendment rights?
I was recently asked about the biggest ethical mistakes CEOs make. In 35 years as an ethics consultant, I have seen some doozies. After all, you only hire an ethics consultant if you face an ethical dilemma. And once an ethical mistake occurs, it is extremely hard to set things right with the public and media, who already may believe that companies routinely engage in unethical conduct. The truth is that most of these mistakes are entirely avoidable—if you are on the lookout for them. Here are the top 5 ethical mistakes I've seen made by CEOs.
Ray Lane will step down as chairman of Hewlett-Packard after a rocky two-and-a-half-year tenure. The surprise move is in addition to the surprise resignations of two other board directors, John Hammergren, CEO of McKesson, and G. Kennedy Thompson, former CEO of Wachovia, who nearly lost their seats at the March annual meeting.
Wal-Mart's alleged FCPA violations are bound to bring about much legal fallout. Executives have gone to jail for violating the FCPA, and only time will tell what will happen to Wal-Mart's C-Suite. If your company does any business outside the U.S., it's important to follow this story and let Wal-Mart's missteps be a cautionary tale. Here's what you need to know.
12Page 1 of 2