The capacity for trust— both to trust others and to inspire trust— is a fundamental character trait every leader with great responsibility must have. But it’s tricky. A leader dependent on praise and affirmation or one who is overwhelmed by his duties can be too trusting. Read more
“Moral as well as legal obligations will be fulfilled openly, promptly, and in a manner which will reflect pride on the Company’s name.”
These words form the basis of a very fine code of conduct. Unfortunately, this code did not prevent Enron’s problems when it finally collapsed. Read more
With so much noise and confusion surrounding the current political, business and economic climate, middle-market business owners are unsure how to protect the best interests of their businesses in the short and long term. The simple and common-sense answer: No matter what anyone else may be doing, you should continue doing the right thing, and support like-minded companies that do the right thing. Read more
Top MBA programs in the US are stepping up their focus on business ethics. The next generation of business leaders will have ample opportunity to participate in ethical coursework, in which professors use case studies, simulations, and other exercises to explore how students navigate real-life scenarios informed by their perceptions of what is “right” and “wrong.” Read more
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