Ethikos Editors Weekly Picks: 3 Reasons to Update Your Core Values

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3 Reasons to Update Your Core Values

From Patrick Thean Chief Executive:
Ever since Jim Collins and Jerry Porras published “Built to Last” in 1994, Fortune 500 companies have been proudly proclaiming their core values to the world. Core values, when done right, should be the company’s backbone and guiding light. They are what companies are built on and live by, and the generally held belief is that they should never be changed! Read more

Putting Credibility First

Augusto Giacoman for Strategy + Business:
I sat in the conference room with poor lighting and industrial carpeting as a healthcare executive began to speak. “This is not an important initiative you are working on,” he said, followed by a dramatic pause, “it is the most important initiative this company is working on.” Read more

Don’t Confuse Perks with Company Culture

Sarah Landrum for Lead Change Group:
There’s a company out there — in every corner of every town — that prides itself on being a great place to work. Customers are greeted with vigor and felicitous wishes. The lights are bright and appealing in the space, lending a favorable glow to the interactions and products within the room. This company has it all together – or so it seems on the outside. Read more

Why We Are Better At Making Decisions for Other People

From Stephanie Vozza for Fast Company:
If you’ve ever started a sentence with, “If I were you … ” or found yourself scratching your head at a colleague’s agony over a decision when the answer is crystal-clear, there’s a scientific reason behind it. Our own decision-making abilities can become depleted over the course of the day causing indecision or poor choices, but choosing on behalf of someone else is an enjoyable task that doesn’t suffer the same pitfalls, according to a study published in Social Psychology and Personality Science. Read more

Keep a List of Unethical Things You’ll Never Do

Mark Chussil for Harvard Business Review:
Management is about commitment, execution, and follow-through. Did you act? Good. Did it work? Do it again. It didn’t? Do something else. Above all, keep doing things; keep taking action. Read more

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ethikos is a publication of the Society of Corporate Compliance and Ethics

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