Five House Rules for Managing Risky Behavior
Harvard Business Review
JUNE 13, 2012
a survey indicated that fewer than 60% of the Secret Service personnel said they would report ethical misconduct. One of my clients, a CEO of an asset management firm, said to me, "I would not blink if one of my fund managers lost $10 million due to a wrong bet, but I would fire him immediately if he cheated $10 on his expense report.".
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