The Ethical Businessman of the 21st Century
What type of ethics training do both individuals and organizations need to navigate through the ethical minefields of business in the 21st century?
What's the Big Idea?
Were the problems that led to the financial crisis of 2008 purely financial issues, or ethical issues? Consider, for instance, the practice of selling a product to someone that you know can't afford it. Or consider lending someone money that you know they won't be able to repay. Who is ultimately responsible for such practices, often referred to as "predatory lending"?
Andrew Likierman, dean of the London Business School, says that these are simply examples of questions that anyone going to business school, or starting a business of their own, will inevitably face. And some ethical training is required of us all in order to be prepared for the world of business, which can often be an ethical minefield.
After all, you might think you have the best moral and ethical compass in the world, but what if the organization you work for does not? How do you contend with the inevitable conflicts that will result?
Watch Likierman here:
Image courtesy of Shutterstock
A federal judge ruled that the Trump administration likely violated the reporter's Fifth Amendment rights when it stripped his press credentials earlier this month.
- Acosta will be allowed to return to the White House on Friday.
- The judge described the ruling as narrow, and didn't rule one way or the other on violations of the First Amendment.
- The case is still open, and the administration may choose to appeal the ruling.
Progressive America would be half as big, but twice as populated as its conservative twin.
- America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
- Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
- Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
The definition of a kilogram will now be fixed to Planck's constant, a fundamental part of quantum physics.
- The new definition of a kilogram is based on a physical constant in quantum physics.
- Unlike the current definition of a kilogram, this measurement will never change.
- Scientists also voted to update the definitions of several other measurements in physics.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.