Harvard Business
DECEMBER 5, 2024
The results are predictable: inefficient and difficult-to-scale efforts at managing AI’s ethical, reputational, and legal risks; wasted resources; and slowed innovation. 6) How will the program harmonize with other enterprise priorities? 4) Have you trained the people responsible for overseeing its implementation?
Harvard Business
NOVEMBER 8, 2016
But as more organizations fall prey to complex intangible risks, from unwanted disclosure due to rampant cyber threats to breaches of conduct driven by skewed incentive systems, the aperture of risk management is expanding from protecting the balance sheet to promoting ethical leadership and values-based decision making.
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Harvard Business
DECEMBER 18, 2017
Corporations often approach ethics as an individual problem, designing oversight systems to identify the “bad apples” before they can turn the organization into a “rotten barrel.” And our explanations for ethical scandals are incomplete without a focus on group dynamics. Vince Streano/Getty Images.
Tom Spencer
OCTOBER 25, 2024
Governance Metrics: These assess the quality of a company’s leadership, executive compensation, and adherence to ethical standards. Starbucks, with its commitment to ethical sourcing and community engagement, has cultivated a loyal customer base that values sustainability.
Tom Spencer
AUGUST 30, 2024
These include managing data security, integrating legacy technology, navigating ethical issues, addressing skills gaps, and balancing benefits with regulatory risks. Ethical Challenges Among the biggest concerns for the banking sector is the potential for AI-based systems to generate outcomes or advice which are biased or unfair.
Harvard Business
NOVEMBER 15, 2023
Additionally, CEOs need to be vigilant about often overlooked expenses, including infrastructure overhaul, data security, and ethical considerations. Integrating cost control into decision-making processes, utilizing comprehensive monitoring dashboards, and empowering teams through strategic talent management are indispensable strategies.
Tom Spencer
APRIL 29, 2022
The school environment helped them develop networks that played a key role in launching their enterprises. Appreciating the importance of ethics and reputation. Through analyzing case studies and taking the ethics classes during the MBA, one gets to see the value of building a reputable company and acting ethically.
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