Legislative changes have made compliance a focus for companies over their lifespan. The law is tough, and will only get tougher. Companies cannot neglect any aspect of their observance of the law, because it applies to them all, in an integrated way. And it falls directly on the shoulders of executives, who are running out of excuses […]
Volkswagen: The Value of Ethics and Integrity
Ethics must be based on principles and integrity must be aligned with these principles. Hence something has failed at Volkswagen… I have been always been impressed by Volkswagen’s ads for their “intelligent humor.” Unfortunately, the engineers of the German automotive group have not learned anything from their colleagues in marketing. I don’t know if they […]
Why is it hard to be ethical in business?
No one ever said leading was easy, much less leading with ethics. But the latter is very important. It is the difference between a good executive, in the full sense of the expression, and one who only knows how to achieve technical perfection, and how to do things right, but does not know how to […]
The Anchors of Happiness
A few days ago Arthur Brooks, President of the American Enterprise Institute, came to IESE to give a seminar on Capitalism and Happiness. I’d like to expand on some of his ideas about happiness, which can also be found in this article from the New York Times and in this video: As Brooks explained, drawing […]
