The major corporate climate debate of the moment is whether business should be solely answerable to stockholders or whether much broader stakeholder responsibilities must be brought into play. In this article I discuss “Business Ethics” and how old-fashioned views of stockholders alone are broadening out into a wider conception of value creation.
I have avoided Twitter [...]
Each individual has two to three values in their business life that are their “sacred cows”. Salespeople who want to “connect” with their prospects and customers need to learn the individuals’ key values.
Among the key values for any businessperson can be two or more of the following:
* money conscious
* people associations
* loyalty to associates and [...]
Our economy has been brought to its knees, decent men and women have been left homeless and jobless and children are going hungry across this great nation of ours all due to the lustful greed of men in power. What has ever happened to honor, integrity and living by a code of ethics?
I did not [...]
Consequences are the guideposts of your moral compass. If there were no consequences, people would run roughshod over each other. Items in your garage would be stolen by your neighbors. Police forces would become irrelevant. You would leave the doors unlocked because, what’s the point? Business would hire Grade 6 dropouts into senior management positions. [...]
In addition to a clear strategy, good measures, and streamlined processes, reinventing enterprises requires a focus on personal relationships and human potential. As a result, it depends upon emotional connection and excellent communication to function well. The objective business world has often struggled with the subÂjects of emotions and communication. If they are considered at [...]
To err is human; To admit and accept complete responsibility for it, divine.
Up until the past several years, companies including Enron, Worldcom, Arthur Andersen and now more recently Bear Stearns, Lehman Brothers, AIG and to a lesser degree GM and Chrysler did not understand how completely devastating betrayal of trust can be. Ironically and sadly, [...]
The simple answer is no. Then, why is everyone going around shouting that it is the root of All Evil? Because they were conditioned via massive repetition that such is what they should believe in. But let’s be serious for a bit here, are You really going to believe those whom would literally sacrifice their [...]
Online ethics training has the potential to be the perfect solution for compliance training in companies both large and small. The benefit of online training is that there is no requirement for student numbers to make an effective class. Online courses are self-propelled and can be taken by the single student as easily as a [...]
“Love your neighbor as yourself.” This statement is most famously attributed to Jesus, but he in turn was citing one of the books of Moses from centuries earlier. In other words, the ideal isn’t new. Neither is business.
So this shepherd swapped a certain weight of clean raw wool for a farmer’s three bags of wheat. [...]
Have you ever attended a luncheon or formal meeting and observed people busily texting on their cell phones? Did you think, “How rude?”
When did professional business ethics, etiquette and common courtesy drop off the planet?
I had this thought recently when speaking with a colleague who shared her observation about this same scenario happening during a [...]