Wednesday, June 27, 2012

Making it Stick | Why has the increased attention to corporate scandals proven to be something of a mixed blessing?

Why has the increased attention to corporate scandals proven to be something of a mixed blessing?






























On the one hand, the average investor can be forgiven for thinking that the business world is full of crooks whose only purpose is to make as much money as possible. Problems with product quality, poor customer service, and fraudulent financial reports with no admission of guilt paint a very negative picture. The response to this negative picture has been the creation of new rules and tighter controls that now represent a greater risk for organizations who fail to comply with the expected standard of behavior. On the other hand, ethics has become an issue that also positively impacts the business world. This sense of value results in increased commitment and reduced turnover, which means greater profits for the company.



Source: 
Ghillyer_Business Ethics A Real World Approach 2e

1 comment:

  1. Intania/ 10130110092
    Two Tomorrows - A DNV Company

    merupakan organisasi yang telah berpengalaman dalam menyediakan jasa konsultasi dalam strategy, benchmarking, stakeholder engagement, responsible sourcing, training, report development, assurance, environmental auditing, international development dst. Two Tomorrows membantu perusahaan untuk menciptakan Corporate GOvernance yang berkualitas dan budaya etik yang kuat dengan membangun sinergi yang positif antara perusahaan dengan seluruh stakeholder baik internal maupun eksternal

    Karena di dunia bisnis sekarang, dimana perusahaan menghadapi demanding customer, aggresive competitor, supplier yang memaksa untuk memakai produk mereka, shareholder yang terus menuntut profit, dst. Membuat perusahaan sulit untuk melakukan kegiatan bisnisnya dengan ethikal. Sehingga dengan bantuan Two Tomorrows , diharapkan membantu perusahaan untuk mampu "doing the right thing" kepada seluruh stakeholdernya.

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