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.

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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. When my book 7 Lenses was first published, I wrote a guest post about it called “ The 7 Lenses of Ethical Leadership ” for this blog. This book helps leaders “see” the ethical impact of their choices through 7 Lenses of Ethical Responsibility.

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Driving digital transformation with Configuration Lifecycle Management

CEO Insider

The post Driving digital transformation with Configuration Lifecycle Management appeared first on CEOWORLD magazine. CEO Insider Entrepreneurial Finance Insider Entrepreneurial Management Insider Entrepreneurship Insider Ethics Insider Executive Compensation Insider

3 Steps Towards Improved Communications in the Workplace

CEO Insider

Imagine the following scenario: A business leader is excited about a project, and he calls someone into their office to talk about it. After they have enthusiastically shared their thoughts, they say: “Okay, go take care of it.”

How to Bring Your Hybrid Meetings to the Next Level

CEO Insider

CEO Insider Entrepreneurial Finance Insider Entrepreneurial Management Insider Entrepreneurship Insider Ethics Insider Executive Compensation InsiderThe COVID-19 pandemic has forever changed how companies around the globe operate their businesses.

Google Glass to Smart Glasses: What this may tell us about future technologies

CEO Insider

“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.” – Bill Gates. Predicting the future is easy; predicting when it will happen is the difficult part.

Leadership Lessons: Knowing When to Listen Versus When to Speak

CEO Insider

CEO Insider Economy Insider Education Insider Emerging Markets Insider Emotional Intelligence Insider Employee Retention Insider Entrepreneurial Finance Insider Entrepreneurial Management Insider Entrepreneurship Insider Ethics Insider Executive Compensation Insider

Tips for Improving Your Business’s Financial Reporting

Strategy Driven

Inaccurate financial reporting doesn’t only make your business look substandard to key stakeholders and investors, but it can also lead to a loss in finances and attract the attention of certain regulatory bodies.

Finance Can Be a Noble Profession (Yes, Really)

Harvard Business

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. Recently, I asked a few students how people react to their choice to go into finance, and I was greeted with nervous laughter. The usual reactions to misbehavior in finance are outrage or regulation.

Manager vs. ?

Lead on Purpose

Manager&# is an interesting title. An account manager is different from a store manager. Even within the title of “store manager&# the scope and breadth of responsibility varies widely. The manager of a 7-Eleven has significantly different responsibilities than the manager of a Costco store. Much has been written on the topic of “manager&# vs. “leader&# over the years. In many cases “manager&# is used as a pejorative.

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. Managing Your Business business management investment strategydriven

Leadership and Product Management

Lead on Purpose

Product managers hold a unique position in the company: they depend on people from other groups, but they do not have managerial authority over those people (in most cases). Therefore, a product manager must earn the trust of people in the organization and influence them to do their jobs effectively and efficiently. Product management — at every level — is a leadership role within the organization. What other roles are important for success in product management?

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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Business Management Tips to Help You Boost Profits in 2020

Strategy Driven

This article focuses on the latter, inspecting how you, as a manager of a business, can make better decisions, and manage your resources more wisely, in order to improve growth, boost profits, and please shareholders. Financial Management.

How can surety bonds benefit small businesses

Strategy Driven

While purchasing a surety bond is another expense for small businesses, doing so can help you to demonstrate that your company can be trusted to perform its work ethically and legally. Managing Your Finances Business Bonds business management strategydriven

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How to Become a Wealth Manager: Skills & Duties for Portfolio Management

HR Digest

Wealth management is an investment advisory service offered by a group or an individual to clients. Wealth Manager Job Description. The wealth manager gives holistic advice on all financial planning of an individual with capital to invest in the long term and short term.

How To Offset Cost Increases Without Driving Customers Away

Strategy Driven

The shift in a more ethically aware customer culture is also a powerful new force to be reckoned with. Managing Your Finances business management Profit Optimization strategydrivenThe cost of doing business is increasing.

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The Fickle Nature of Good Character and Trust

Leading with Trust

I’m sure you’ll enjoy his wisdom about the intersection of character, trust, and ethics. We are prone to make bad, and sometimes unethical judgements when there is greater pressure to “get’er done,” versus to get things done ethically, safely, or legally.

Company Gone Well? Here’s What to Do With the Cash

Strategy Driven

Without careful management, wealth that could last you the rest of your life could be burned through before you get a grasp on the situation. Managing Your Finances business management Capital Gains Tax strategydriven

The Problem with the Profit Motive in Finance

Harvard Business Review

I thought about this while listening Tuesday to David Swensen, the legendary manager of Yale University's endowment, arguing that acting as a fiduciary for other people's money and maximizing profits are incompatible activities. "A 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.

How to Fix Financial Capitalism? Focus on Ethics

Harvard Business Review

These were among the questions addressed at a luncheon in New York convened by CFA Institute President John Rogers with financial industry leaders that included representatives from private and not-for-profit asset managers, public pension funds, insurance companies, and diversified financial services firms. 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.

Why the MBA Alone is not Enough

Strategy Driven

And as companies continue to move into enterprise systems where metrics are fed and re-utilized across disciplines, anything that is feeding into the accounting system as a measurement should be better understood by the manager whose program it affects.

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. Think Siemens and widespread bribery — about $2 billion. Or, bigger yet, think BP and the gulf disaster — almost $20 billion to date, with another $20 billion-plus likely in the future.

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. “Ethical situations at work can be cause for alarm, and are also a normal part of doing business,” says Detert. A useful skill when it comes to ethical situations is perspective-taking.

Breaking Through | A New Frontier of Technology and Innovation

N2Growth Blog

While under enormous time pressures to produce solutions quickly and tackle modern needs during an ongoing crisis, these challenges have revealed cybersecurity issues, legal and regulatory issues, and socio-ethical dilemmas caused when applied in real-life situations.

April 2021 Leadership Development Carnival

Lead Change Blog

Ken shares: “ The “rocks in a jar” approach to time management is a good one, but they left a lot of things out that would help us be even more effective at managing our time; here are 11 of them. Stephanie Skryzowski of 100 Degrees Consulting provided How to Create a Monthly Finance Routine. Stephanie shares: “ In this post of the 100 Degrees of Entrepreneurship Podcast I’m sharing the monthly finance routine you can use to grow your business and your bottom line.

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. Upside : Though we know many famous whistleblowers , there are plenty of anonymous whistleblowers who still managed to make a change to company practices. 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.

Nabob and the Coffee Kerfuffle: How the 120-year-old brand managed to maintain its challenger status.

In the CEO Afterlife

And everyone is trying to climb to the top of that to get ahead,” explains Heather Fadali, senior brand manager for coffee at Kraft Heinz, Nabob’s parent company. “It’s The change in management, which included Bell and Powell, meant a big change in how the company would operate in the following decades. When management looked at all the categories it was playing in, they realized Nabob would have a strategic advantage in coffee compared to its competitors Kraft and Nestle. “We

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. The complexities of banking and finance involve a lot of moving parts as well as regulations and systems that are constantly in flux. Entrepreneurship Managing Your Business banking expert business management managing your business strategydriven

Five House Rules for Managing Risky Behavior

Harvard Business Review

For enterprise risk management, key policies include a statement of risk appetite and explicit risk tolerance levels for critical risks. The company's performance measurement and incentive systems, and the degree to which risk management is considered, will also have a profound impact on employee behavior. a survey indicated that fewer than 60% of the Secret Service personnel said they would report ethical misconduct. MORE ON MANAGING RISKY BEHAVIORS.

How can I start my own business?

Strategy Driven

However, if at all it does not work out and things don’t fall in place, keep an exit strategy ready to let things off and manage what has been lost. Your finances: Nothing works without investment. For a smooth financial journey, consider a good plan in terms of financial management.

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. They need to be tech experts, navigating your cloud contact center , social media and customer management systems. Culture Growing a Business Human Resource ManagementNew ventures, especially tech startups, have a character of their own.

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Understanding Gen Z in the Workplace

HR Digest

Their habits for financial management are different from those of previous generations as well. In this article, we will discuss how Generation Z’s habits differ from those of previous generations regarding finances and work ethic. Managing Gen z in the Workplace .

Know Your History, Purpose and Direction

CoachStation

This meant from a young age I knew that leading, not just managing and working with people was something I would always pursue. 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. Whether managers are prepared to acknowledge this is another point altogether! Why does CoachStation exist? Why do you do what you do?

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Where Teamwork Thrives in the Money Management Industry

Harvard Business Review

Recently, my colleagues at the Focus Consulting Group and I surveyed more than 100 asset management firms around the world, testing both for the strength of their cultures and for the effectiveness of their leadership teams. They make up the "secret sauce" of firms that are well managed and demonstrate strong culture. Teamwork is not the only key to success in the asset management industry. Finance Leading teams Organizational culture

Entrepreneur Motivation: Heroes, Factors And Values

Strategy Driven

So, hire a risk consultant from a risk firm or do an internal risk management project that can address these issues. He has been featured in the top 10 Ecom Entrepreneurs Helping People During The COVID-19 Recession list, which was published by Yahoo Finance.

3 Ways To Successfully Attain Any Goal In Life.

Rich Gee Group

In addition, look at your goal, if it is too big or unwieldy, break it up into manageable steps. 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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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. These manager interview questions will prove to be very effective during the process. The team ethic truly counts for everything.

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. Fortunately there are numerous shining examples of organisations that are showing us all ‘how to do it better’ ranging across the business spectrum, in sectors ranging from beauty to finance, and from fashion to beverages. Businesses want to have strong and long-lasting relationships with their consumers.

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. Therefore, it includes issues such as the ethical sourcing of ingredients, to environmentally sound production methodologies, to paying a decent living wage to production line workers, to adhering to animal-welfare, to pricing in a transparent manner, to communicating totally honest claims, etc.

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Conflict-of-Interest Rules Are Holding Back Medical Breakthroughs

Harvard Business

During our careers, we have worked in industry, academia, clinical medicine, and government and have managed successful academia-industry collaborations. Equally troublesome, almost all policies focus exclusively on payments and finances but ignore the powerful influence of careerism and other non-financial motives that may compromise objectivity far more than financial incentives. These scenarios are seldom contemplated in institutional management of conflicts of interest.

The Big Picture of Business – Business Success Checklist

Strategy Driven

Sometimes the difficulty of managing your time makes for a haphazard operation. Time management and “just in time” concepts are applied. Assets are adequately valued and managed. Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. Top management has as a priority the need to develop and practice People development, skills and team building responsibilities.