It is still the dominant model, but we have to do away with it: The company can’t last as an organization whose ultimate goal is financial profit. Dozens of examples demonstrate that the model is wanting, outdate, needs to change. The two economic crises early this century and the emergence of new heights of social […]
Black cards? That deserves a red card!
Spain was rocked last week by another ethics scandal: the use of black credit cards by the top management of the Spanish bank Caja Madrid-Bankia. (Please note: business ethics is not only about scandals; it also focuses on preserving a solid culture within business organizations and markets in order for them serve the common good. […]
Innovation and Sustainability: Ethics and Efficiency
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 […]
Who we are depends on what we have decided to be
Our lives and the organizations we belong to depend on two factors: the decisions we make and the external environment. The external environment is made up of all the circumstances that surround us, which we have no control over, or any way to influence. A person may be smart or foolish, tall or short, French, […]