Effective Managers

MAY 3, 2024

The consultant provides a final report, which includes an assessment of the project’s impact, lessons learned, and recommendations for future actions. In this phase, the consultant and client review the project’s outcomes against the initial objectives to ensure that all goals have been met.

Consulting 246

Consulting Intellectual Property Methodologies Ethics 246

Harvard Business

MARCH 24, 2017

The onus for ethical behavior falls first to the employee. Most companies talk a good ethics game and even make their goals public. Ethical behavior has to be led by example, and promoting people who ignore ethics when expedient for them tells everyone that the company wants results and it does not really care how they are obtained.

Ethics 71

Ethics Company Policies Sales 71

Harvard Business

APRIL 29, 2016

However, one of the more unsettling and unintended consequences of a singular focus on ethics-as-compliance is a checkbox mentality that gives the illusion of reducing risk without really doing so. So what can a company do to excel ethically? Plato emphasized a virtue-based system of ethics 2,400 years ago in his Academy.

Ethics 70

Ethics Culture Agile Exercises 70

Harvard Business

MAY 15, 2024

Some NDAs illegally place restrictions on an employee’s ability to report misconduct to government agencies like the U.S. 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.

Report 250

Report Government Marketing Company 250

Harvard Business

DECEMBER 12, 2018

At the same time, the need to win can blind us to ethical considerations. In one study, we asked 164 MBA students to read a hypothetical scenario (based on a true story) about an investment banker facing an ethical dilemma, and to estimate the likelihood that this banker would indulge in unethical behavior. Our Studies Study 1.

Ethics 133

Ethics Comparison Banking Study 133

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. We see five reasons for the rise of ethics-based dismissals. of all successions at the world’s 2,500 largest public companies.

Ethics 71

Ethics Media Government Resumes 71

Harvard Business

MAY 12, 2017

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. During booms, credit eases , conspicuous consumption proliferates , and fortunes swell.

Ethics 71

Ethics Financial Report Journal 71

Harvard Business

NOVEMBER 1, 2018

My research suggests that people acting on behalf of others can be influenced by the values and perceived expectations of those they’re representing—specifically when it comes to acting ethically. On the other hand, men showed no statistical difference in ethicality when acting for themselves or for others (60.6%

Ethics 129

Ethics Study Research Hotels 129

Harvard Business

DECEMBER 28, 2016

They learn that organizational failures result from rigid reporting lines, “one right way” problem-solving, cultures that shoot – or specify unreasonable standards for – the messenger, and restrictive communications protocols. When they hire CEOs, Boards of Directors must make ethics the deal-breaking criterion.

Ethics 119

Ethics Engineering Culture Case Study 119

The Consultants Peer Group

MARCH 14, 2024

I had written several blogs regarding the high cost of ethic lapses in consulting, in particular in June of last year Consulting Ethics Challenges , which addressed the very public nature of PwC Australia’s ethics problems. The high costs of those ethics problems are now very visible and quite frankly ugly.

Ethics 52

Ethics Financial Consulting Report 52

The Consultants Peer Group

DECEMBER 2, 2023

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

Ethics Intellectual Property Report Consulting 52

Harvard Business

NOVEMBER 28, 2018

Requiring managers to report periodically on their operations provides a check on that advantage. To bolster the trustworthiness of these reports, independent auditors are hired to provide reasonable assurance that the reports coming from the “black box” are free of material misstatement.

Ethics 132

Ethics Data System Report 132

The Consultants Peer Group

JUNE 27, 2023

CNN just reported that PwC is selling one of its government advisory businesses in Australia for just ‘cents’ after a scandal wrecked its reputation. In my one of my previous blogs, Consulting Ethics Challenges , June 14, 2023, I wrote about the major problems PwC’s government advisory services was having in Australia. Read these five.

Ethics 52

Ethics Consulting Government Report 52

1 to 1

OCTOBER 30, 2024

The resulting new report, “Bringing the power of data and analytics to the front line,” captures best practices for leveraging data analytics to transform the contact center. Report participants recognize that change is not easy. Not having to look at many different numbers to get to what you need to know. Implementations can fail.

Report 26

Report Data Retail Insurance 26

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.

Ethics 98

Ethics Consulting McKinsey Examples 98

Harvard Business

OCTOBER 6, 2016

They had a fuller discussion in 2013–2014 — around the time when media reports of the illicit behavior first surfaced. Senior leaders were so focused on financial impact that they couldn’t see the ethical damage. Even now, Stumpf adamantly refuses to hear criticism of the bank’s culture.

Leadership 129

Leadership Banking Ethics Culture 129

Harvard Business

NOVEMBER 16, 2018

According to my own research into dozens of bribery cases and five years of reporting on four continents, it’s because executives believe that their competitors are using bribery as a tool to get ahead, so they must, too. authorities on charges of overseas bribery. Why do kickbacks continue? “That’s enlightened management.”

Management 130

Management Ethics Government Sales 130

LSA Global

APRIL 21, 2025

Teaching reps how to interpret a balance sheet or spot a companys pain points from a 10-K report may not seem like a sales skill, but its one that distinguishes top solution sellers from the rest of the pack. Ethical Selling and Integrity Transparency , honesty, accountability , and trust are the currency of modern sales.

Sales 62

Sales Balance Sheet B2B Training 62

Harvard Business

SEPTEMBER 4, 2018

The school summarized its decision in a revealing 23-page investigation report , which serves as a useful case study for the way organizations, leaders, and individuals fall victim to moral biases — rationalizations for behaving unethically usually due to one’s self-interest. Performance over principles.

Ethics 70

Ethics Report Recruiting Recruitment 70

Tom Spencer

SEPTEMBER 6, 2024

Despite the gravity of the crime, BCG has avoided prosecution by self-reporting the violations, cooperating with the US Department of Justice ( DOJ ), and taking remedial actions, including firing those involved and closing its Luanda office. Foreign Corrupt Practices Act 1977 ( FCPA ). This scandal raises a number of key questions.

Ethics 97

Ethics Boston Consulting Group Government Financial 97

Harvard Business

SEPTEMBER 8, 2017

He had been experiencing a serious performance plateau that was, he learned, an effect of his micromanaging and intimidating his direct reports. His direct reports trusted him more and did better quality work. He will tell you that mindfulness played a critical role in transforming his career.

Emotional Intelligence 136

Emotional Intelligence Case Interview Leadership Report 136

Harvard Business

MARCH 7, 2017

The dispatch included disturbing and potentially illegal managerial activities, such as Fowler’s boss telling her she could be fired for reporting the behaviors. That is like setting up a finance organization to do exotic risk hedging before putting in place basic reporting and compliance.

Recruitment 141

Recruitment Recruiting Finance Agile 141

Harvard Business

MAY 19, 2016

Indeed, a 2012 Royal Society report emphasized that these “enhancements,” along with other technologies for self-enhancement, are likely to have far-reaching implications for the business world. After the study was published, media reports began to refer to Modafinil as the world’s first safe smart drug.

Ethics 133

Ethics Exercises Study Policies 133

Harvard Business

FEBRUARY 7, 2017

Some employees even claimed that they were fired for calling the internal ethics hotline. These claims raise important questions that every major company needs to ask: Are employees aware of our ethical standards and the laws surrounding our business? Is there a specific time frame for investigating ethics complaints from employees?

Management 70

Management Ethics Banking Sales 70

Harvard Business

SEPTEMBER 4, 2018

Given the ethical issues surrounding deception, how can one be sure when telling a well-meaning lie is the right thing to do — and when it’s not? Some would argue that deceiving others is never ethical, especially in today’s corporate climate.

Ethics 121

Ethics Study Examples Construction 121

Harvard Business

APRIL 4, 2018

In the first study, 31 leaders and 72 direct reports from a real estate organization completed a survey at the end of each workday for 10 days. The leaders were asked to assess their own abusive behavior and emotional experience toward their staff, while the staff were asked to report on their leaders’ constructive behaviors that day.

Construction 132

Construction Study Real Estate Survey 132

Harvard Business

JULY 19, 2018

Researchers have found that managers tend to be unaware of research-supported management insights reported in academic journals, and that such insights are typically excluded in practitioner-oriented journals. Relatedly, managers tend to hold on to long-held assumed truths that often management scholars’ studies have dispelled.

Research 131

Research Journal Ethics Metrics 131

Harvard Business

APRIL 11, 2017

Our results showed that participants who indicated little overlap existed between their values and their organization’s values reported the highest levels of creating facades of conformity when their leader was perceived as having high integrity.

Ethics 130

Ethics Video Case Interview Survey 130

Harvard Business

MAY 25, 2017

The Commonwealth Bank’s shareholders were reacting to the board’s annual Remuneration Report, which contained a recommendation that the CEO be granted a bonus based on what critics saw as “soft” measures. The future of corporate reporting lies in an integrated approach.

Financial 121

Financial Banking Metrics Benchmarking 121

Harmonious Workplaces

JANUARY 25, 2024

They go on to highlight that bosses and managers primarily affect their happiness, whereby 75 percent of workers report that their relationship with management causes the most stress. Gallup’s research corroborates this finding, reporting that 80% of employees who receive meaningful feedback weekly feel fully engaged​​.

McKinsey 98

McKinsey Sports Ethics Leadership 98

Harvard Business

NOVEMBER 14, 2018

million records of internal reports made by employees of public U.S. Even when firms want to support whistleblowers, managers don’t know what to make of reported level of internal reports. Are more internal reports of problems a signal of widespread troubles within the firm? fewer pending lawsuits and 20.4%

Research 131

Research Company System Report 131

Peter Stark

MAY 12, 2020

Instead of stepping up and aligning their behaviors to the new vision, they file an ethics violation. In the last six months, I have seen more ethics complaints filed than I have in my entire career. Almost every one of these complaints are sent to the company’s ethics “hotline” and are completely anonymous.

Ethics 39

Ethics Resources Examples Policies 39

Harvard Business

JUNE 9, 2017

Since many faculty members rely in part or fully on grants for their salaries, they are highly motivated to report data that supports grant applications. In some states, accepting a cup of coffee from a pharmaceutical company must be reported, so “education” over lavish meals or in resort settings has largely receded.

Pharmaceuticals 124

Pharmaceuticals Policies Journal Research 124

Harvard Business

MARCH 13, 2017

Some in the media responded with shock and excitement (Fortune called it , for example, “a reverse gender gap”), while others cautioned about the report’s small sample size. A cynical but plausible explanation comes from research on moral and ethical behavior.

Study 125

Study Ethics Research Journal 125

Harvard Business

NOVEMBER 19, 2018

So people became more philosophical when asked to consider longer time periods like their life overall, and they reported wanting more happiness experienced in the moment. In contrast, Easterners’ preferred happiness persisted across timeframes.

Ethics 133

Ethics Study Culture Journal 133

Harvard Business

SEPTEMBER 17, 2018

Consider that in India in 2016, nearly seven in 10 citizens reported paying a bribe to access basic public services such as public schools, public clinics or hospitals, access to official documents, and utilities, according to Transparency International. and $2 trillion globally.

Company 70

Company Ethics Tools Operations 70

Epicflow

JULY 12, 2022

Data privacy, ethics, and security will be treated as areas of required competency. The second challenge refers to responsible and ethical data use, which has become a matter of concern related to data management and ownership [3]. Prioritization and automation of data management. . AI tools for data management will become available.

Data 187

Data Analysis Efficiency Survey 187