 |
 |
 |
|
 |
 |
 |
| |
>>Institute
News Releases
l Media
Kit
Enron Media Roundup - Business Ethics
Expert Quotes -
1
l
2
l
3
l
4
-- February 7, 2006
| |
| What can be done to prevent a future
Enron? Can ethics be taught to adults who
attend MBA classrooms, never mind senior
executives? |
|
|
| |
Well, for some, it may not make any difference,
but for a lot of managers, sure, ethics can be
taught. The question is the systemic structures
that align managers’ performance with short-term
outcomes. If an investor can change stock
positions a dozen times a day on corporate news,
how can an executive build in long-term
strategies where things like goodwill,
reputation, etc. matter? It isn't impossible to
do so, but the deck is loaded against it.
Timothy L. Fort
Academic Advisor, Business Roundtable Institute
for Corporate Ethics
Lindner-Gambal Professor of Business Ethics at
George Washington University Business School
|
|
| |
The upside of the recent scandals is that they
have led to widespread public concern about
ethical business practices. This heightened
level of engagement creates a moment—a unique
moment—to make lasting difference in corporate
practice. We can be the generation that makes
business better.
R. Edward Freeman
Academic Director, Business Roundtable Institute
for Corporate Ethics
Elis and Signe Olsson Professor of Business
Administration, The Darden School
|
|
| |
We lead seminars for CEOs, senior executives and
directors and we do it because we believe it
makes a real difference. Executives and managers
who want to be ethical leaders can always learn
new ways to bring their firm’s values to life.
Becoming an ethical leader is a career-long
process, not an innate ability or something
learned in six weeks. The best learning often
comes from peers, mentors and role-models.
Dean Krehmeyer
Executive Director, Business Roundtable
Institute for Corporate Ethics
|
|
| |
Ethics can certainly be taught. People can be
taught to recognize ethical issues when they
arise and they can be given decision making
skills and told what expectations are. But,
education isn't enough. Most people are
susceptible to influences from the environments
in which they find themselves. Therefore,
organizations and their leaders must create
strong ethical cultures in which ethical
behavior is supported and unethical behavior is
seriously disciplined. This happens by
focusing on multiple systems (including reward
and disciplinary systems) that all point
employees in the right direction. Senior
leaders who deal with the most ambiguous ethical
issues should be thoroughly vetted for their
moral courage and ethical leadership.
Linda K. Trevino
Academic Advisor, Business Roundtable Institute
for Corporate Ethics
Professor of Organizational Behavior and Cook
Fellow in Business Ethics, The Pennsylvania
State University
|
|
| |
Pushing companies to take ethics seriously – not
as a band aid, but as a way to re-envision what
it means to be a great business. Ethics can be
taught to adults, even though such training may
never convince a criminal to change their
behavior. Particularly when it is done right and
has the backing of the organization, ethics can
provide a powerful influence – through the
culture of the organization, peer pressure, and
the expectations of authority figures – on
individual behavior within organizations.
Andrew Wicks
Academic Advisor, Business Roundtable Institute
for Corporate Ethics
Associate Professor of Business Administration,
The Darden School
|
|
Media
Contact:
Brian Moriarty, Associate Director for Communications
Business Roundtable Institute for Corporate Ethics
moriartyb@darden.virginia.edu
434-982-2323 (tel)
434-924-6378 (fax)
|
|
|
|
|
|