We would all like to think that we are not like Bernie Madoff. And perhaps most of us are correct in that self-assessment. And yet, studies show that individuals always tend to overrate their own ethical compasses. We're not as ethically pure as we think we are. Just wait until you find yourself in a context you've never encountered before. What tools do you possess to guide you through the ethical minefield that is business in the 21st century?
Andrew Likierman, dean of the London Business School, says that anyone going into business today needs ethical training. This training goes well beyond the question of whether you would steal from someone or accept a bribe. What if your personal ethics conflict with that of your business? What can you do to prepare yourself ahead of time so you will be ready when the inevitable clash occurs?