Whistleblowers play an important role in divulging ethical breaches, but we must reframe their role in order to preserve the ethical imperative in organizations. Unethical behavior is rampant nowadays. We see it across the board. We see it in business (e.g., Walmart bribery scandal, LIBOR scandal, Peregrine scandal, and many more); in universities (Harvard, Penn … Read more
Have you ever: Told one of your line managers to “do whatever it takes to make your numbers this quarter”? Pulled sales from next quarter to make this quarter’s numbers? Cut into critical R&D funds to hit Wall Street forecasts? Asked the CFO to lower the reserves for future expenses to help earnings this quarter? … Read more
Barbara Kellerman and Jim O’Toole, two leadership experts we respect, are ticked off about the failures in leadership we witness virtually every day. (See “Mad About Leadership” in Strategy+Business, June 2012). Think of all the leadership-related scandals recently: Recent Leadership Hall of Shame Barclays Bear Stearns BP Countrywide Financial Galleon Group GlaxoSmithKline Goldman Sachs Johnson … Read more
Rajat Gupta’s storybook life has taken a dark turn. An orphan from Kolkata, India, Gupta moved to the U.S. to attend Harvard Business School on a scholarship. He ascended to the top (Managing Director) of McKinsey, one of the world’s most prestigious consulting companies, and advised the world’s elite. After retiring, he joined the boards … Read more
