ChrisBanescu.com

by Ben Schiller – Post-financial meltdown, business schools are trying to make their graduates more responsible. But does taking one class on ethics work, or does a new ethical model need to permeate the curriculum? Many industry watchers saw business schools as contributing factors in the financial crisis, arguing that, by failing to challenge orthodoxies, [...]

by Chuck Colson – At the recently concluded meeting of the American Economic Association, the most contentious issue had nothing to do with economics, per se. It wasn’t about “the economics of the organic food system,” or “the costs and benefits of pollution control,” as two of the seminars were labeled. No, the behavior drawing [...]

11/19/2010 – Davia Temin – Evil in the office. If you think about it, you’ll probably realize you’ve seen it play out at least once in your career. All of a sudden a well-running, friendly, effective group or company begins to disintegrate for no apparent reason. People start to become demoralized and dysfunctional, efficiency plummets, [...]

The Crisis of Ethics in America 10/8/2010 – Chuck Colson – Even before the critically acclaimed film The Social Network opened in theaters, there was one big financial winner: Newark, New Jersey’s public schools. While critics were screening the movie, Facebook founder Mark Zuckerberg donated $100 million to the struggling school system. Not only that, [...]

Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men, even when they exercise influence and not authority: still more when you superadd the tendency or certainty of corruption by full authority. There is no worse heresy than the fact that the office sanctifies the holder of it. – [...]

Forbes | by Sharon Allen | July 21, 2009 With everyone’s current focus on the economy, you might assume I’m talking about that traditional financial metric, return on equity. But the ROE I advocate is different. It’s return on ethics. This ROE is really more mindset than measure, an approach to encouraging the highest standard [...]

American Thinker | by Gary Jason | June 10, 2009 In business ethics, the typical way one makes a judgment about the morality of a business action or practice is to consider the facts surrounding it in the light of four major ethical perspectives. These four ethical theories have been the ones considered most plausible [...]

Telling the truth is too often overlooked in business. Truth is the catalyst that should inform all management decisions and actions. It’s the foundation on which trust and integrity rest. Truth is the critical prerequisite that enables management and employees to make ethical decisions in the day-to-day activities of an organization. Now when I speak [...]

What happened to companies like Enron, WorldCom, Tyco, or even organizations like the Catholic Church where ethics collapsed and management behavior became criminal? Their leaders did not set out to break the law. So how did they end up disgraced, and some even behind bars? Many of these problems can be traced to a failure [...]