Remove Ethics Remove Examples Remove Intellectual Property
article thumbnail

PEST Analysis

Tom Spencer

STEEPLED: Social, Technological, Economic, Environmental, Political, Legal, Ethical, and Demographic. For example, social factors might be quite relevant for a retail business, but political factors will be more relevant for a global munitions dealer. Prohibitions, taboos, and ethical issues. Industry regulation. Technological.

Analysis 114
article thumbnail

Ethics Lapses Rears Its Ugly Head, Yet Again…

The Consultants Peer Group

Ethics is a crucial aspect of management consulting, as it affects the trust, reputation, and value of the profession. Management consultants are expected to adhere to high ethical standards and principles, such as those set forth by the Institute of Management Consultants USA (IMC USA) in its Code of Ethics1.

Ethics 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Company Needs a More-Radical Board of Directors

Harvard Business

Remember the public shaming – and heavy sentences — heaped on Enron and Worldcom for their accounting (and more importantly, ethical) failures? If your strategy relies heavily on aggressive M&A, for example, do you really want a CFO who doesn’t command a salary higher than the norm? It’s not surprising.

Company 129
article thumbnail

How the CFO and General Counsel Can Partner More Effectively

Harvard Business

These issues include legislation, regulation, litigation, enforcement, investigations, geopolitical risk, demands for ethical actions, and public criticism, affecting all the functions of the corporation in their interaction with all levels of global governments (central, regional, local).

Ethics 70
article thumbnail

Five Ways to Raise your Game in Consulting - Part 4

The Consultants Peer Group

The new Code of Conduct is over and above the Code of Ethics and is not meant to subsume or replace it, rather to be in addition to the Code of Ethics. If you were to simply refer to the second blog you will likely see how these very public instances were caused by misplaced ethics and/or poor conduct behaviors. legality 1.4

article thumbnail

Proposals, Part 2: The Potential Solutions

The Consultants Peer Group

The consultant, subsequently, spent hours of (unpaid) time writing the proposal, which they emailed, and, in the process of creating ‘credibility’ gave away their time and their intellectual property with no expectation of reciprocity, i.e., paying consulting engagement, from the possible client. This is for your protection.”

Ethics 52
article thumbnail

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? Often, the reason given is to protect intellectual property or prevent a security breach.

Data 72