Performance management is a key part of organizational culture and leadership messaging. The way goals are set affects people’s behavior – Key Performance Indicators give employees guidance on how to act and prioritize.… Continue Reading
Though in the aggregate the increase in modern differentiation and complexity has been a boon to humankind, it is perhaps helpful (or at least practical) to view these developments as evolutionary processes without telos.… Continue Reading
The first volume of the 2019 World’s Most Ethical Companies Insights Report series launched this week uses data obtained from the honoree companies to assess their programs and create industry benchmarks.… Continue Reading
According to the recently published EY Global Fraud Survey 2018, only 22 percent of respondents said that integrity is an individual responsibility. The remainder believe the primary responsibility for ensuring integrity sits with other groups in the organization including management (41 percent), the board (15 percent), HR (11 percent) and legal & compliance (9 percent).… Continue Reading
Seventy-three years ago today, the United States dropped an atomic bomb on the Japanese city of Hiroshima.
The blast destroyed 90 percent of Hiroshima and killed at least 80,000 people. Around 60,000 more died from radiation sickness before the end of the year.… Continue Reading
Forget the idea that human beings are perfectly rational. People do not always make consistent decisions based on strict logic or narrow self-interest. Human behavior is complex and emotions and intuition have a significant role to play in individual decision-making.… Continue Reading
For the last several years, academic attention has converged on questions of behavioral ethics, and the findings are robust and sophisticated.
Organizations such as NYU’s Ethical Systems and the Santa Clara University Markkula Center for Applied Ethics provide a wealth of insight, tools and research to help companies access and use the latest thinking to enhance their internal ethics and compliance approaches.… Continue Reading
Fostering strong ethical cultures within business firms could be the most effective and durable means of controlling the payment of bribes by firms. Creating a strong ethical culture is difficult, but measuring and maximizing stakeholder trust may overcome that difficulty.… Continue Reading
Hardly a week passes without at least one corporate crisis in the news, often with unpredictable and long-term negative consequences, impacting not only the organization’s reputation, but also all its internal and external stakeholders.… Continue Reading
When a company doesn’t budget for organizational trust, how can it be elevated?
Most public company CEOs, with the support of their Board, operate under the misconception that they and their organization are trustworthy.… Continue Reading