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- Behind the Bust: Bad Ethics Or Bad Luck?
- Behind the Bust: Bad Ethics Or Bad Luck?Bad IncentivesNeither.Bad incentives.Wall Street is paid on revenues, not profit.Misaligned incentives create bad behavior."Heads the trader wins, tails the investor loses."Easy to decide what to do in that environment.No one will dispute that.re: incentiveswell, they aren't doing so well this year. But...
- Discussion threads 2008-07-25
Additional Resources
- Behind the Bust: Bad Ethics Or Bad Luck?
- Is Wall Street's manage-to-the-numbers approach the reason we're in the economic mess we're in? That's the argument of Gresham's Law and the Shaky Nature of Today's Business Ethics on the Slow Leadership blog. Gresham's Law, it tells us, is a 16th century maxim that 'bad' money (with...
- Blog posts 2008-07-24
- Lessons of an Ethics Writer
- Lessons of an Ethics WriterAlways thought the term "business ethics" was...an oxymoron. However, reading your blog gave me hope that someone was bringing the issue into the light. Some good discussion came out as result of this blog.Thanks, I will miss your discussions.Good Post and Good BlogFunny, I just came...
- Discussion threads 2008-06-18
- Performance-Enhancing Drugs at Work: An Ethics Poll
- Performance-Enhancing Drugs at Work: An Ethics PollNot an either/orThe use of synthetic drugs to enhance performance is an issue to me, not so much because it helps an individual perform better, but because of the long-term effects on the brain and body. The extended use of steroids has been proven...
- Discussion threads 2008-05-13
- Business Ethics Integral to Corporate Strategy, says Stanford's Malhotra
- Professor Neil Malhotra of the Stanford GSB focuses on business ethics and non-market strategy. Last week, we discussed the increased emphasis on ethics training within Stanford's curriculum. Today, we'll talk about what kind of approaches will be most effective in driving home the importance of ethics...
- Blog posts 2009-07-01
- Ethics Management Myths: Learning from Them
- Many ethical decisions are analyzed in reverse. Choosing what is right is often just an analysis of everything you know to be wrong. But when we're talking about trying to manage those ethics, to attempt the huge challenge of getting a large group of people to behave accordingly, what do...
- Blog posts 2008-05-06
- Lessons of an Ethics Writer
- A year-and-a-half ago, when I was asked to write this ethics blog, I wrote out a short introductory post. So today, my last day writing this blog, I took a quick look at it. Everything you need to survive in today’s business world you probably learned in...
- Blog posts 2008-06-17
- Ethics Without Consequences
- Ethics Without ConsequencesServant LeadershipLeaders are called to serve, and not to be served. Jesus Christ, in washing the feet of His disciples, was acting as a servant leader. In that act, He was trying to model what was expected of followers once they became leaders. It was part of His...
- Discussion threads 2008-05-20
- Business Ethics Begins on Your Hard Drive
- Business Ethics Begins on Your Hard DriveBusiness Ethics Begins on Your Hard DriveAnswering "no and those who do should not be in the C suite" comes with a bitter pill. I was guilty in the past. Some from my own doing and some from my employer who provided...
- Discussion threads 2008-07-25
- Complete Guide to Ethics Management: An Ethics Toolkit for Managers
- The profession of business ethics has long needed a highly practical resource that is designed particularly for leaders and managers -- those people charged to ensure ethical practices in their organizations. Unfortunately, far too many resources about business ethics end up being designed primarily for philosophers, academics and social critics....
- White papers 2003-01-01
- Better Ethics Through Incentives
- The Find: If you're keen to prevent scandal and corruption at your company, experts recommended that rather than just moralize, you focus on the incentives. The Source: An article entitled "How to Prevent Cheating" by Margaret Steen featured in this month's stanfordknowledgebase from the Stanford Graduate School...
- Blog posts 2008-08-21
- Ditch the Ethics Course
- Business schools all run ethics courses nowadays. Students like them because they are an easier way of gaining a course credit than struggling with the mysteries of Black-Scholes option pricing model, and just as useless. The essence of ethics courses is to urge...
- Blog posts 2008-10-02
- As Wall Street Goes, So Goes "Liberal Ethics"
- Some are saying that the financial crisis signals "the end of Wall Street." Does it also signal the end of the traditional, liberal concept of ethics that have dominated in the West for the past two centuries? Even before the meltdown, University of...
- Blog posts 2008-09-23
- Can You Teach Ethics to MBAs?
- Maybe, but research suggests they need a lot of practice. Take our quiz and see how your moral compass measures up. In the spring of 2009, when Bernie Madoff?s massive scam still felt raw and shocking, a few members of Harvard B-School?s...
- Articles 2009-10-19
- Social Responsibilities, Ethics, And Strategic Planning
- An organization exists in a society. In this respect, it has a definitive social responsibility in discharging its duties and conducting its operations. Ethics are certain rules and procedures that outline as to what is good or bad behavior. An ethic-centric organization follows ethical tenets in conducting business and overseeing...
- Presentations 2003-01-01
- Does PR Need a Stronger Sense of Ethics?
- At first blush, it's a no-brainer that the PR industry could use a much stronger and enforceable Code of Ethics. The industry is rife with bad practices and shoddy, over-priced work, which is why we still find ourselves on the defensive so often. This is not to say that there aren't a...
- Blog posts 2008-10-27
- "Lose Your Ethics, Lose Your Business"
- Check out this wonderfully scathing missive from Joe Scarlett, the former CEO of Tractor Supply, on how an ethical lapse led to the biggest beef recall in history, and the destruction of a company, Westland/Hallmark Meat. There's so much about the California meat scandal that is beyond...
- Blog posts 2008-04-23
- Shipped any bad parts lately?(Editorial)
- Recent corporate scandals are bringing an increased focus on ethics. In response, the Harvard Business School last month began requiring its first-year MBA students to take an ethics course. The scandals and Harvard's response have focused on financial transgressions. But ethics certainly...
- Research articles 2004-02-01
- Poll: CEO Payouts in a Bad Year?
- The news is filled with stories of CEOs receiving huge payouts. The news is also filled with stories of companies performing poorly in the fragile economy. When you add the two together, the sum often equals bad P.R. for the CEO. But is this wrong? Should a...
- Blog posts 2008-04-11
- Obama Wants To Split GM Into 'Good' and 'Bad' Companies
- Tyler Durden submits: CNBC just out with this: The First Portfolio Manager, who today also became the First HR Manager of General Motors, is quoted as saying he wants to split GM into a "Good" GM and "Bad" GM, thus cementing his spot as The First Company Ethics Arbitrator....
- External links 2009-03-31
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