How to Approach Business Ethics as Global Consensus Breaks Down
Harvard Business
MARCH 20, 2025
Three strategies to help your organization thrive amid geopolitical risk and market volatility.
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Harvard Business
MARCH 23, 2017
Our research in Egypt , Zimbabwe , and India shows that organizations should view the prospect of building a strong ethical reputation in such environments as an opportunity, and consider the costs of resisting corruption as an investment in building such a reputation. Ethics Can Be a Differentiator.
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Harvard Business
DECEMBER 29, 2016
It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. many of us face an endless stream of ethical dilemmas at work. We were surprised that 30 leaders in the study recalled a total of 87 “major” ethical dilemmas from their career histories. Wells Fargo. Volkswagen.
Effective Managers
JUNE 24, 2024
Predictive analytics, a field within AI, can forecast market trends, consumer behavior, and potential risks, providing businesses with a proactive approach to decision-making. In marketing, AI-driven tools analyze consumer data to personalize marketing efforts, tailor promotions, and optimize pricing strategies.
Consulting Success
MARCH 13, 2023
In this episode, Mindy Weinstein, the Founder of Market Mindshift, shares how consultants can use The Power of Scarcity to influence customers’ decisions and attract better clients. She explains the psychology behind scarcity, which consultants should correctly and ethically. It is that element that keeps the consulting business going.
Harvard Business
JUNE 9, 2022
Introduced at the right points, “good friction” can create a more transparent, ethical experience.
Harvard Business
MARCH 8, 2024
Companies like Costco, Salesforce, Amazon, and Patagonia demonstrate the power of understanding and capitalizing on unique market differentiators. Costco’s foray into organic foods and Amazon’s expansion into cloud computing with AWS, for instance, were strategic moves rooted in their inherent capabilities and market insights.
Harvard Business
OCTOBER 6, 2016
” These customer-praising marketing messages are part of a broader trend in “corporate societal marketing,” which aim to emphasize companies’ social efforts to consumers. billion in 2015 , companies have been spending more on cause-related marketing—it reached about $2 billion dollars in 2016.
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.
Consulting Matters
JANUARY 30, 2020
The fear might be not having what it takes to do the marketing and attract clients or even if they landed clients they wouldn't have the goods to back up whatever promises they made in their marketing. It comes out with all types of logical excuses about money and ethics about marketing. And this fear is sneaky.
Tom Spencer
APRIL 14, 2023
While AI has the potential to bring significant benefits, it also raises important ethical questions. This article will explore some of the ethical implications of AI in consulting, and discuss potential ways to address these concerns. Potential for bias One of the main ethical concerns with AI systems is the potential for bias.
Harvard Business
DECEMBER 16, 2016
Most companies have ethics and compliance policies that get reviewed and signed annually by all employees. “Employees are charged with conducting their business affairs in accordance with the highest ethical standards,” reads one such example. Creating an Ethical Workplace. You and Your Team Series. Mark Chussil.
Harmonious Workplaces
AUGUST 30, 2024
Ignoring ethics can risk damage to life and limb, not just profits and reputation I once worked for a crane company — a business that rents large construction equipment to move heavy loads. Even though I served as the marketing director, I underwent the same on-the-job workplace safety training as anyone in the field.
Seth Godin Blog
OCTOBER 3, 2016
They seek to increase their market share, their dividends, their stock price. But ethics? In fact, most companies strive to be just ethical enough. To get ethics to the point where no one is complaining, where poor ethics aren't harming their KPIs. Being more ethical was the most important KPI?
Effective Managers
JUNE 24, 2024
Predictive analytics, a field within AI, can forecast market trends, consumer behavior, and potential risks, providing businesses with a proactive approach to decision-making. In marketing, AI-driven tools analyze consumer data to personalize marketing efforts, tailor promotions, and optimize pricing strategies.
Harvard Business
JUNE 6, 2017
From 2007-2011, forced turnovers due to ethical lapses were 3.9% On a regional basis, the share of all successions attributable to ethical lapses rose most sharply in the U.S. On a regional basis, the share of all successions attributable to ethical lapses rose most sharply in the U.S. and Canada (from 1.6% to 8.8%).
Harvard Business
SEPTEMBER 19, 2017
I’ve been a consultant for almost 20 years, advising companies on complex challenges in ethics, risk, and responsibility. Happily fading from memory is the cliché that ethics and compliance teams effectively constitute a “business prevention department.”
Epicflow
DECEMBER 20, 2024
Sustainability and ethics. Retrieved from: [link] Precision Medicine Market Report 2025: Key Data & Innovations. It aims to provide patients with the right treatments at the right time. [3] Currently, personalized medicine is mostly used for treating cancer and rare diseases. More accurate modeling. US Food and Drug Administration.
Effective Managers
MAY 20, 2024
Being recognized as an ISO 20700 Practitioner distinguishes you in the job market, enhancing your appeal to potential employers and clients. Promoting Ethical and Transparent Practices Ethical behavior and transparency are increasingly crucial in successful consulting.
Harvard Business
MAY 2, 2018
Communicators and marketers can now adopt a personalized approach to their work, ideally one based on behavioral science. But the execution lags behind the science while the claims of some marketers as to what personality marketing can do far exceed it. We believe that includes personality marketing.
Harvard Business
MAY 12, 2017
The stock market had more than doubled in the previous five years , and the unemployment rate was at a 30-year low. Based on these previous findings, we wondered: Would CEOs who began their careers during boom times be less ethical? Our question stemmed from the idea that prosperous times are often linked to ethical missteps.
Action Plan
JUNE 26, 2023
But how do we do that ethically, without manipulation? Over the weekend, I asked ChatGPT five questions about ethical persuasion and selling. All you need to do is paste them into ChatGPT one at a time and get a powerful primer on how to make persuasion and selling as ethical as possible. first appeared on Action Plan Marketing.
Effective Managers
MARCH 10, 2024
This distinction is crucial, as it separates those who simply sell hours for dollars from those committed to a higher standard of service, ethics, and accountability. While this model has its merits, including flexibility and a wide array of services, it lacks a unified set of standards or ethical guidelines.
Effective Managers
MARCH 15, 2024
It ensures that consultants cover all critical aspects of a project, from initiation to delivery, aligning with global standards of quality and ethical practice. Encouraging Ethical Practices Ethical conduct is at the heart of the ISO 20700 standard, and the checklist reinforces this.
Successful Independent Consulting
FEBRUARY 12, 2021
Supply and demand – Assess the market for your expertise to get an idea of how hard it may be to find work. Marketability – Were former bosses, colleagues or teammates sad to see you move on to a different department or project? Are you comfortable reaching out to nearly everyone you know to tell them that you’re going out on your own?
The Consultants Peer Group
SEPTEMBER 20, 2023
As you are likely aware, there are enumerable media articles on ethics lapses in management consulting. USD] because of, among others, ethics and conflicts of interest abuses ; When McKinsey Comes to Town argues that the legendary firm has accrued an inordinate amount of influence chasing profits at the expense of moral principle.
Effective Managers
JUNE 17, 2024
This trend has increased the market reach for consulting firms while reducing costs and time spent on travel. Sustainability and Ethics in the Digital Age As digital transformation progresses, management consultants are increasingly addressing issues of sustainability and ethics.
Effective Managers
JUNE 17, 2024
This trend has increased the market reach for consulting firms while reducing costs and time spent on travel. Sustainability and Ethics in the Digital Age As digital transformation progresses, management consultants are increasingly addressing issues of sustainability and ethics.
Jerry Fletcher
MARCH 27, 2021
Some of us are inherently close mouthed, have solid ethics and just cannot comprehend behaving in such a way. That’s why the Institute of Management Consultants (IMC) has a 15 point code of ethics. Jerry Fletcher is a sought-after International Speaker, a beBee ambassador, founder and CEO of Z-axis Marketing, Inc.
Harvard Business
DECEMBER 28, 2016
Second, they don’t consider at a human level how their stated strategic intents shape the acceptable ethical boundaries for those who must turn those intents into reality. He didn’t set ethical boundaries in a scoop-focused media market, and he hired executives who didn’t set policies and procedures to preclude such acts.
Jerry Fletcher
FEBRUARY 13, 2021
But is faulted on ethics. Research conducted in 2020 indicated that ethical attributes drive 76 percent of the trust capital of organizations, while competence drives 24 percent. Jerry Fletcher is a sought-after International Speaker, a beBee ambassador, founder and CEO of Z-axis Marketing, Inc. Trust in the light.
Harvard Business
NOVEMBER 16, 2018
Studies show that it’s also counterproductive resulting in lower profit margins, return on equity , and employee morale ; costly delays as players haggle over the size of the kickback; and poverty and poor governance in the markets where they’re paid. ” Identify “moon markets” and walk away.
IMC USA
JULY 18, 2019
Talerico CMC, and Michiko Wolcott CMC join over 8,200 CMC’s worldwide who are recognized for their professionalism, standards, core competencies and ethical practices. Of the recent award-winners, Member Lisa Apolinski CMC is a digital marketing consultant from Gilbert, Arizona. Member James J.
Harvard Business
MAY 29, 2018
The marketing industry will be no exception. AI holds great promise for making marketing more intelligent, efficient, consumer-friendly, and, ultimately, more effective. Data-Driven Marketing. But first, what are some examples of how AI can help make marketing more effective? Using AI in Marketing. Insight Center.
Tom Spencer
MARCH 31, 2018
This is especially important for marketers whose job is to connect consumers and products. In some ways, the use of Big Data in marketing is only continuing and extending a trend that has been going on for many years already: market-oriented marketing. Big Data helps them to do exactly that.
The Consultants Peer Group
SEPTEMBER 12, 2023
First, likely you will develop your marketing pitch/collateral along the lines of your skill set, what you offer. As you create your own path, you will discover the need to separate yourself/your practice from the other estimated 1,000,000 consultants in the U.S. IT, HR, Profit Improvement, Operations, etc., will be the first cut. Stay tuned.
Harvard Business
NOVEMBER 28, 2018
Companies have long been required to issue audited financial statements for the benefit of financial markets and other stakeholders. It is reasonable to anticipate that emerging regulations might be met with market pull for services involving algorithmic accountability. We have a proposal for a good place to start: auditing.
Effective Managers
MARCH 19, 2024
This set of guidelines provides a framework for delivering high-quality consulting services, focusing on transparency, ethical conduct, and client satisfaction. This assurance can be incredibly appealing to clients who are looking for consultants who can deliver not just results, but also a professional, transparent, and ethical service.
Harvard Business
FEBRUARY 2, 2024
The author recommends five strategies for companies to maintain consumer trust during these periods: 1) If you have to increase pricing, tell customers why, 2) practice value-oriented marketing, 3) offer customer-centric pricing strategies, 4) enhance your customer support and communication, and 5) prioritize long-term relationships.
Harvard Business
MAY 15, 2024
Securities violations, including fraud, insider trading, and market manipulation, are some of the most common forms of misconduct that companies try to prevent employees from reporting. Some NDAs illegally place restrictions on an employee’s ability to report misconduct to government agencies like the U.S.
Tom Spencer
SEPTEMBER 6, 2024
The bribery scandal is likely to have a significant impact on BCG’s global reputation and its relationships with clients, particularly in emerging markets. The revelation that the firm engaged in bribery to secure contracts in Angola raises concerns about its commitment to ethical standards and the integrity of its business practices.
Consulting Matters
FEBRUARY 11, 2020
Nice on the surface appears more ethical and in alignment with one's integrity. Doesn't get too aggressive with their marketing. Willingness to take on self-limiting beliefs about marketing and putting yourself out there. You have to be good. A "nice" consultant or coach delivers what a client asks for. But consider this.
Harvard Business
NOVEMBER 15, 2023
Whether you call it propaganda or greenwashing, companies have long used marketing to tout the good they do for the environment while obfuscating any negative externalities of their businesses.
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