Ethics

Michael Toebe reviews Yonason Goldson's book, “Grappling with the Gray: An Ethical Handbook for Personal Success and Business Prosperity,” a collection of case studies intended to ignite thoughtful consideration of ethical dilemmas. When I learned of a new book on ethics and saw the title “Grappling with The Gray: An Ethical Handbook for Personal Success and Business Prosperity,” my interest...

Good ethics is good business. Yonason Goldson discusses seven principles of leading ethically, explores the problem with legislating ethics and offers guidance on applying these principles to our own actions and behavior. “Everyone is entitled to his own opinion, but not his own facts.” – Daniel Patrick Moynihan The Steep Road Ahead How do members of a pluralistic, largely secular...

Volkswagen has paid dearly for the ethical shortcomings that led to “Dieselgate.” But has VW learned from the scandal? With the FTC recently filing the final court summary on the case, Michael Toebe reflects on the crisis that leveled the company’s reputation. Volkswagen’s good name has been tarnished regularly in the media in the last four years over its low-level...

Why shouldn’t businesses only be worried about the bottom line? How have business strategies changed? MetricStream’s Gaurav Kapoor article discusses the importance of putting ethics and integrity at the core of the organization’s business strategy. In today’s world of social media and global interconnectedness, organizations are constantly under examination. This scrutiny comes not only from regulators and stakeholders, but also...

The pull of artificial intelligence is strong, but there are serious ethical questions that must be addressed in certain fields. Nexdigm’s Director of Intelligent Automation and Accelerated Analytics Service, Amit Kumar, considers the implications of using AI solutions in health care. “Ethics is knowing the difference between what you have a right to do and what is right to do”...

Confronting the Root Causes of Misconduct is the focus of LRN's annual Ethics & Compliance Program Effectiveness Report for 2020 and reflects the input of ethics and compliance professionals from around the world, filtered through insights gained over the last 25 years. The research and survey results behind the 2020 Ethics & Compliance Program Effectiveness Report affirm that the most...

Brevity is the soul of wit (hence that 280-character limit), and one needs little more than a Twitter account and a sharp-tongued wit to call our culture’s kings and princes to task. Sandy Erez considers the weight of the highly visible justice campaigns that play out on social media. To Tweet or Not to Tweet, That is the Question The...

AI is often credited with making work easier and more efficient, but few organizations have a framework in place for its ethical use within risk management and compliance programs. Deloitte’s Irfan Saif and Maureen Mohlenkamp explore how to rectify that issue. Think of artificial intelligence (AI) ethics as the organizational constructs that delineate right and wrong, such as corporate values,...

AI systems based on machine learning can be used to audit financial data efficiently and look for financial fraud, but ethical risks exist if the data is biased. Dr. Steven Mintz explores the principles governing the ethical use of AI. Ethics are important, whether in our personal or professional lives. Most people believe that ethical behavior encompasses standards such as...

As the news of the day should make clear, whistlblowing is never an ideal proposition. Even with legal protections in place, whistleblowers face a host of risks. Marcy Maslov shares her personal story as a whistleblower. Whistleblowing is hard in the best of circumstances. Having made the choice to report unethical and illegal activities and almost getting myself killed for...

NAVEX Global CCO Carrie Penman discusses how the derogatory meaning we’ve assigned the label “whistleblower” actually discourages the reporting we train and expect employees to do when they witness wrongdoing. For many years, I’ve been concerned that the term whistleblower — which admittedly has become ingrained in both the public and private sectors — will have a discouraging and detrimental...

Michael Volkov posits a reasonable definition of business ethics – and outlines what it’s NOT – and offers a framework for going beyond determining whether a decision is “legal” and instead determining whether it is “right.” Forgive me for the title of this posting. I am trying to make a point; a rather obvious one. I confess: I did not take...