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Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

Companies that operate with integrity are more likely to build sustainable business models, which ultimately benefit the company, its employees, society, and the environment. Investment banks made huge profits along the way, and often knew that these securities were overvalued and going to fail.

Ethics 78
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CSR: Collaborating with NPOs for Positive Social Impact

Tom Spencer

Large companies now recognise that the environment and communities in which they operate can contribute significantly to their bottom line. This realisation has led to an increasing focus on CSR, which involves operating in a way that benefits society over the long term. Here are three examples of skill-based volunteering.

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What You Can Do to Improve Ethics at Your Company

Harvard Business

It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. But what about the ordinary engineers, managers, and employees who designed cars to cheat automotive pollution controls or set up bank accounts without customers’ permission? Volkswagen. and the U.K., Cross-cultural differences.

Ethics 39
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Should a CEO’s Bonus Be Based on Financial Performance Alone?

Harvard Business

On November 9, 2016, the shareholders of Australia’s largest company, and the world’s tenth-largest bank , revolted. Other firms have ventured down this path, including the conglomerate Wesfarmers , with its 200,000-plus staff, and the global hospital operator Ramsay Health Care.

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There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business

Every step of the process was measured, and real-time metrics were easily accessible. In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. In an experiment, we approached the call center of a bank’s consumer loans business.

Metrics 44
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When Is It Important for an Algorithm to Explain Itself?

Harvard Business

Who should be involved in decisions regarding business impact, regulatory compliance, technical approach, and even ethical values when companies integrate machine learning into business operations? Do different use cases require different types of explanations? A business analyst should map out the end-to-end business process.

Data 28