Ethics
« Previous EntriesCEO Corner: Relationship between ethics and customers
Friday, May 7th, 2010In the 1/19/10 issue of Forbes.com, Don Kraus, CEO, Clorox, discussed how an organization can influence customers with the way it conducts its business. “Influence comes from integrity and trust,” says Mr. Kraus. “Integrity, to me, is the foundation of trust, and trust is the grease of commerce.”
To build and maintain trust with customers:
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UK survey: 0nly 40% of employees say their business is ethical
Monday, May 3rd, 2010According to HRZone, only 40% of employees say their business is ethical (article by Cath Everett, April 28, 2010).
“While employers that adhere to corporate social responsibility and environmentally-friendly business practices show better rates of employee engagement and retention, only two out of five UK staff believe that the organisation they work for behaves [...]
Spotlight on Ethics: more to business than making money
Monday, April 19th, 2010A Wall Street Journal article (April 15, 2010) reports that many business schools are giving ethics more classroom time, in response to critics who have suggested that B-schools bear some responsibility for the “culture of excess risk-taking” that contributed to the financial crisis.
Faculty are recognizing that … “a company has responsibilities beyond its shareholders’ [...]
It Can Pay To Be Ethical – Ethisphere Institute’s 2010 List of World’s Most Ethical Companies
Tuesday, March 23rd, 2010The Ethisphere Institute announced its fourth annual selection of the World’s Most Ethical Companies on March 22, 2010. The list shows a strong correlation between business ethics and performance. These companies go beyond making statements about doing business “ethically” and translate those words into action.
Investing in ethics is beneficial for any company, even in [...]
Truth-telling: the line keeps slipping
Wednesday, February 17th, 2010A 2/16/10 article in Ethisphere magazine, Cheating: You Have to Sweat the Small Stuff, reports that cheating is widespread in our culture.
Rushworth Kidder, the founder of the Institute for Global Ethics and author of books including Moral Courage. found that people consistently tend to cite truth-telling or honesty as one of their five [...]
100 Most Influential People in Business Ethics
Thursday, December 17th, 2009Ethisphere announced its annual List of 100 Most Influential People in Business Ethics on December 16, 2009. The year 2009 saw increased scrutiny of corporate transparency, oversight and ethics.
“This year we not only saw the catastrophic consequences that ethical failings can have on an organization and industry at large, but we were also able to [...]
Johnson & Johnson ranked as most reputable U.S. company – Reputation Institute’s 2009 U.S. Pulse study
Tuesday, December 15th, 2009Johnson & Johnson ranked as the most reputable U.S. company, according to Reputation Institute’s 2009 U.S. Reputation Pulse. Other companies in the top five: Kraft Foods, UPS, General Mills, and FedEx.
AIG, the financial services firm, suffered the biggest drop in the index. Last year’s winner, Google, fell to number eight and lost significant reputation [...]
The Project on Public Trust in Business
Thursday, November 26th, 2009The Project on Public Trust in Business (the Project) is a major and ongoing effort—initiated by the Business Roundtable Institute for Corporate Ethics and the Arthur W. Page Society—to engage leading organizations in developing and implementing a long-term strategy to build public trust in business.
The project was officially launched June of 2009 with the [...]
National Business Ethics Survey (NBES): Ethics in the workplace has improved during the down economy, however …
Thursday, November 19th, 2009… NBES data show that, like the Enron era, improvements in ethical conduct tend to be temporary.
From 2000 to 2003, ethics metrics all improved, with the bursting of the dot com bubble, 9/11, and corporate scandals, including Enron and WorldCom, only to fall back until the start of the current recession in December 2007.
The [...]
2009 EthicMark Awards
Thursday, June 18th, 2009The World Business Academy announced the winners of the 2009 EthicMark Awards, which recognizes outstanding marketing, advertising, and public relations campaigns and communications that uplift the human spirit and society.
Pantene, a division of Proctor & Gamble, won in the for-profit category for its ad, “Chrysalis” (Thailand). CARE won in the not-for-profit category for its ad, [...]