Philips announced a few months ago that sales of “green products” accounted for 51% of its total revenue last year. Similarly, the Siemens environmental portfolio brought in 43%, while General Electric reported that 19% of the group’s earnings came from “clean energy.” It is a good sign that the ratio of green products is on the […]
Ten Recommendations for the Ethical Rearmament of Banking
The image of banks has deteriorated. They urgently need to improve their image and regain people’s trust. It will be good for them and society. It’s true that some banks were more responsible than others for the tarnished ethical reputation most people now have of financial institutions. And although banks are not the only parties […]
Economic Freedom in the World: Is it Ethically Significant?
In our culture figures and ranking are quite central, and the economic freedom is not an exception. There are several indexes which try to ranking countries through models nurture by statistic often taken from the World Bank, the International Monetary Fund and the Economist Intelligence Unit. Two of these indexes are probably the best-known worldwide. In general, their […]
The ‘Moral Factor’: Learning from a Management Classic
Today many recognize the importance of ethics in management, and particularly in leadership, although some others remain unconvinced. This post presents some insights from Chester I. Barnard (1886-1961), one of the pioneers of management thinking. He wrote The Functions of the Executive (Boston: Harvard University Press, 1938), a book which for decades was widely read […]
