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How to Be Generous in Business

Nathan Magnuson

It can seem like a conflict of interest. At the end of the day, no one should feel guilty for profits that are earned legally and ethically. Obviously marketing campaigns and revenue targets matter. Make Money. It’s easy to be suspicious when we talk about altruism and profit in the same conversation. Meet a Need.

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What You Can Do to Improve Ethics at Your Company

Harvard Business Review

It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. many of us face an endless stream of ethical dilemmas at work. We were surprised that 30 leaders in the study recalled a total of 87 “major” ethical dilemmas from their career histories. Wells Fargo. Volkswagen.

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The Best Ways to Discuss Ethics

Harvard Business Review

Companies can take a wide variety of approaches to how to discuss ethics. At one end of the spectrum are companies that rely on their code of ethics or on the exemplary behavior of people at the top. Still, this leaves open the question of what actually works in guiding employees' ethical behavior. Setting the right example.

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William Miller on Business Model Innovation

Rajesh Setty

For example: • Charles Schwab disrupted the brokerage industry in the 1970-80s using a business model driven by Principles of high ethics, no conflicts of interest, being trustworthy, and helping everyone become financially fit. Any one or two of these factors can be the driving force(s) for the business model.

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The Case for Corporate Disobedience

Harvard Business Review

If your company puts you in charge of developing a foreign market or a new line of business, your challenges are in many ways similar to those facing a startup. And it requires a constant vigilance to make sure that you don’t get into legal or ethical grey areas or lose sight of the company’s interests. An HBR Insight Center.

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Big Pharma's Hidden Business Model and How Your Company Funds It

Harvard Business Review

The study assembles considerable evidence about the hidden business model of major pharmaceutical companies: to devote most of their research budget to developing hundreds of drugs that provide few if any advantages over existing drugs and then market them heavily to doctors and patients. Negative results are usually not published at all.

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The “Maximize Profits” Trap in Decision Making

Harvard Business Review

This logic and the institutions that reinforce it, like competitive markets and the rule of law, have transformed the world and lifted billions of people from poverty. In addition, 30 states have passed laws that explicitly authorize companies to consider the interests of parties other than shareholders.

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