Ethics

Coaching Tip

At a time when fraud, sexual harassment, and other forms of workplace misconduct are making daily headlines, ethics has become as indispensable a tool for the modern workplace as technology or finance. In TAKING ETHICS SERIOUSLY , author John Hooker, provides an intellectual framework for deciding whether an action is ethical. Hooker brings his extensive background in philosophy, logic, and management science to the rigorous analysis of ethical dilemmas.

Ethics

Coaching Tip

At a time when fraud, sexual harassment, and other forms of workplace misconduct are making daily headlines, ethics has become as indispensable a tool for the modern workplace as technology or finance. In TAKING ETHICS SERIOUSLY , author John Hooker, provides an intellectual framework for deciding whether an action is ethical. Hooker brings his extensive background in philosophy, logic, and management science to the rigorous analysis of ethical dilemmas.

To Understand Complexity, Use 7 Dimensions of Ethical Thinking

Leading Blog

T HE BOTTOM LINE is that there is no “good leadership” without ethical thinking. The thinking that powers leadership choices must be grounded in ethical values or the impact on important constituents will be overlooked. 7 Lenses™ of Ethical Responsibility.

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Ethical Viewpoints & Environmental Investments: Helping Your Business Profit Emotionally (Without Wasting Profit)

Strategy Driven

With this in mind, are there any ways for us to embody a more ethical outlook while also keeping our finances down? The best place to begin is by looking at your business and how compliant it is from an ethical standpoint. For those companies that don’t think about it, you’ll soon see that your customers won’t align with your ethical viewpoints or you may have financial penalties.

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Developing a Strong Work Ethic Takes Work

Your Voice of Encouragement

We were all about the same age and from similar economic backgrounds, so it wasn''t a difference in generations or finances. It’s rooted in the development of a strong work ethic in childhood. Parenting Strong Work Ethic Personal Stories Personal Responsibility

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Why Finance Needs More Humanity, and Why Humanity Needs Finance

Harvard Business Review

Mihir Desai, professor at Harvard Business School and Harvard Law School, argues for re-humanizing finance. He says the practice of finance, with increasing quantification, has lost touch with its foundations. But he says finance can be principled, ethical, even life-affirming. Desai is the author of the new book, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return. He also writes about finance and the economy for hbr.org.

Quotes And Leadership Lessons From Ant-Man And The Wasp

Joseph Lalonde

You can’t be an ethical leader while doing unethical things. A Reel Leadership Article Paul Rudd and Evangeline Lilly return in the 20th Marvel Cinematic Universe movie Ant-Man And The Wasp.

A Crisis of Character – A Book Excerpt

Lead Change Blog

Medical doctors are considered one of the most respected professions, yet the incidence of violations of ethics, misconduct and more appear to be higher than what one would expect from a profession that goes by the Hippocratic Oath to do no harm.

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The Problem with the Profit Motive in Finance

Harvard Business Review

It was an event packed with prominent people who work (or worked) in finance, but seem to come from a different, more genteel world than the bulk of modern Wall Street: Bogle, Swensen, former Fed chairman Paul Volcker, former TIAA-CREF CEO John Biggs. You can make a lot of money in finance doing things that are bound blow up in someone's face a few years down the road. Compensation Ethics Finance

So You Think Your Boss Is Breaking The Law

Strategy Driven

Your career is on the line; the personal finances of your family are on the line. Practices for Professionals business ethics strategydrivenPhoto courtesy of Pixabay. In the movies, if someone suspects their boss is breaking the law, the conclusion to the story is pretty standard.

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Why Are Some Sectors (Ahem, Finance) So Scandal-Plagued?

Harvard Business Review

Ethics Leadership Risk management LIBORIn the past 25 years, the size of settlements, fines and penalties for individual corporations found guilty of wrongdoing has escalated from millions of dollars, to tens of millions, to hundreds of millions, to billions.

How to Fix Financial Capitalism? Focus on Ethics

Harvard Business Review

It has forgotten, as economist Robert Shiller writes in Finance and the Good Society , that "financing is really creating the architecture for reaching a goal. The goals served by finance originate with us. Finance is not about making money per se. Restoring trust and confidence requires commitment to and investment in professional and business ethics. Here are a few examples: Commit to a gold standard code of ethics and professional conduct.

How to Speak Up About Ethical Issues at Work

Harvard Business Review

You suspect that your finance colleague might be fudging numbers, your boss isn’t telling his manager the truth about an important project, or your co-worker is skipping out of the office early but leaving her computer on so it looks like she’s just down the hall.

Why Everyone Needs to Know a Banking Expert Witness

Strategy Driven

Unfortunately, many criminal or ethically questionable actions are taken in the name of money every single day, and in today’s increasingly litigious world this often leads to a trip to court. Think about some of the most heated arguments of your professional and personal life.

Case Study: Can an Ethical Bank Support Guns and Fracking?

Harvard Business Review

As the founder and president of a new ethical bank focused on environmental sustainability, Jay McGuane realized that he and his board needed to set guidelines about which loans to approve and which to reject on “values” grounds. Without clear ethics rules, Jay worried that his already divided directors would fall into bitter squabbling, which could lead to resignations, negative media attention, and a flight of investors. What is ‘green’ if not an ethical principle?

CEOs Who Began Their Careers During Booms Tend to Be Less Ethical

Harvard Business Review

For instance, people who entered adulthood during economic depressions tend to be attuned to economic and national security throughout their adult lives , and particularly cautious with their personal and professional finances. Based on these previous findings, we wondered: Would CEOs who began their careers during boom times be less ethical? Our question stemmed from the idea that prosperous times are often linked to ethical missteps.

4 Tips Every New Business Owner Needs To Know

Strategy Driven

But if you focus on obtaining people with the right qualities and work ethic, you will reap the rewards of a strong and focused team to help you drive the business forward. Everything from tax, finances, and regulations should be left to people in the know.

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It's Your Country.Lead It!

Coaching Tip

For our children's future, America needs to get better by reengineering our shared values and implementing a united ethical purpose. Despite waitressing to supplement her 20-year career as a support specialist at a cable company, the woman said that her finances are strained as utility bills, gas prices and the expenses of her two daughters keep growing. The American Dream is dying. .

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The Future Is Where Brands Must Focus

Great Leadership By Dan

And the actions that these brands take to demonstrate their credibility must clearly illustrate a blend of corporate ethics and brand authenticity.

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The Trust Issue

Strategy Driven

The ‘actual’ difference between ethical brands with a moral code and those exposed as being without one, is increasingly a key factor in consumer brand adoption or rejection. Businesses want to have strong and long-lasting relationships with their consumers.

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Management Futures: The best people make the best managers

Chartered Management Institute

For the past few decades, the matters of ethics and social responsibility in business have been put firmly in their place: a short section near the end of the annual report; a few minutes before the close of the Board meeting. It has been – and often still is – seen as very much junior to the big beasts of finance, strategy and marketing.

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Know Your History, Purpose and Direction

CoachStation

My career from that point has almost always been in leadership roles within the retail, hospitality, finance and contact centre industries in Australia and overseas. Industries we have worked within include finance, architecture, recruitment, health, government and local council.

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How Goldman Sachs Drifted

Harvard Business Review

Ethics Finance Organizational culture Steven G. Mandis of Columbia Business School discusses his book, What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and Its Unintended Consequences. Download this podcast.

Starting Your Business In Style – You Don’t Have To Go It Alone

Strategy Driven

Financing the venture from your personal savings is an option, but won’t be open to many. The team ethic truly counts for everything. Once you’ve had that Eureka moment, your mind will be fully focused on growing those seeds of an idea into a fully grown business.

3 Ways To Successfully Attain Any Goal In Life.

Rich Gee Group

A better way to break up your steps would be to have three segmented goals (with sub-goals) that build up to your main goal, ownership of the Z4: Finance – a. When are the Finance and Research steps complete? Initiate the finance process.

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These Are the People You Need on Your Startup Team

Chart Your Course

Business leadership researchers tell us that the best traits for your CFO are emotional stability and global ethics. The finance department is your business foundation so you need it to be one that you can trust. New ventures, especially tech startups, have a character of their own.

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Some Ideas To Help Accelerate Your SWOT Analysis

Six Disciplines

Products and Services (price, quality, Finances (stability, profitability, debt to equity ratio). Cultural (values, ethics). A SWOT analysis is a tool used to assess an organization''s strengths, weaknesses, opportunities and threats. The purpose of using the SWOT tool is to uncover or reveal the organization''s competitive advantages, and what opportunities (sales, profitability) to capitalize upon.

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Leadership Lessons from the Banking Upheaval

Great Leadership By Dan

New CEO Antony Jenkins has set out an ethical vision for the bank, assessing performance “not just on what we deliver but on how we deliver it.” Finance should by definition be a risk-averse business.

Statesman vs. Politician | N2Growth Blog

N2Growth Blog

This is the distinction between what he terms the 'Character Ethic' vs the 'Personality Ethic' The prior depends on deep changes within each of us including our view of creating a legacy for future generations.

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If the Auditors Sign Off, Does That Make It Okay?

Harvard Business Review

Fastow suggested that to avoid falling into an ethical trap he should have asked himself the right questions: Am I only following the rules or am I following the principles? Fastow said we can begin by understanding that structured finance is like steroids: a little can cure many illnesses, but a lot can destroy your organs. Ethics Finance Risk management

Ideas To Help Accelerate Your SWOT Analysis

Six Disciplines

Products and Services (price, quality, Finances (stability, profitability, debt to equity ratio). Cultural (values, ethics). A SWOT analysis is a tool used to assess an organization's strengths, weaknesses, opportunities and threats. The purpose of using the SWOT tool is to uncover or reveal the organization's competitive advantages, and what opportunities (sales, profitability) to capitalize upon.

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The Perils of Hitting “Reply All”

Great Leadership By Dan

The job seeker, Manos Katsampoukas, sent his resume to 4000 recruiters politely asking for a position in finance or marketing. The industry in general doesn’t have the greatest reputation when it comes to integrity, ethics, and treating people with respect.

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Psychopaths on Wall Street

Harvard Business Review

Citing Richard Peterson, managing partner of MarketPsych (a firm that provides psychological and behavioral finance training for the industry), DeCovny notes that these are some of the traits that also predict success on Wall Street. Consistent decisions in their self interest, even where it is ethically questionable. Ethics Finance HealthPsychopaths are the subject of endless fascination.

The Libor Scandal and the Price of Prosperity

Harvard Business Review

Now, let me couch this for you in the human terms of political economy — the terms in which you and I should rightly conceive of an "economy" as the sum of the enduring human good; not merely as a set of pipes for the grease of finance to be injected into. Economy Ethics FinanceTo the long, dismal list of fatally broken institutions — GDP, governments, schools, corporations — we can add the mysterious Libor , and its conveniently comfortable calculation.

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What It Will Take to Change the Culture of Wall Street

Harvard Business Review

One of the changes I document in the book is how Goldman drifted from a focus on ethical standards of behavior to legal ones — from what one “should” do to what one “can” do. This kind of interdependence has the potential to move the focus back to ethical standards of behavior instead of just legal ones. Compensation Ethics Finance William C.

Find Your Small Business Loans and Grants Here :: Women on Business

Women on Business

What sites do you recommend for finding financing for small businesses?

Should CEOs Have Term Limits? | N2Growth Blog

N2Growth Blog

Furthermore, last time I checked a CEO can always be removed for lack of performance, or moral and ethical indiscretions, so what purpose do CEO term limits serve other than to disincentivize the CEO?

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Why Companies Are Blind to Child Labor

Harvard Business Review

For example, Apple says that whenever it finds an underage worker in its supply chain, it sends the child home safely, continues paying his or her wages, and even finances the child’s education and offers employment once doing so is legal. Ethics Psychology Social responsibility Articl

Loyalty vs. Tenure | N2Growth Blog

N2Growth Blog

Reward talent, innovation, loyalty, attitude, creativity, work ethic, contribution, and leadership ability…not tenure.

Bonus or No Bonus? | N2Growth Blog

N2Growth Blog

I personally dont feel bonuses work to promote a good work ethic. salary X, if certain milestones are met on schedule and also tied work ethic and thorough performance-both field and paperwork… a person would have the ability to increase their pay by X.

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Why Bankers Need to Be Put Into Little Boxes

Harvard Business Review

Compensation Ethics FinanceThere's a beguiling little moment in the financial-crisis documentary Inside Job where hedge fund billionaire George Soros describes the principles of oil tanker design. If a tanker consisted of one big tank of oil, the sloshing liquid would soon capsize the vessel, Soros explains. So tankers are comprised of lots of smaller, separate tanks, which keeps the sloshing in check and the ships afloat. Financial markets are like that, Soros goes on.

Why the Fed Is So Wimpy

Harvard Business Review

Ethics Finance Government Regulatory capture — when regulators come to act mainly in the interest of the industries they regulate — is a phenomenon that economists, political scientists, and legal scholars have been writing about for decades. Bank regulators in particular have been depicted as captives for years, and have even taken to describing themselves as such.

Part 1 of the How to Establish a Financial Relationship with a.

Women on Business