My interest in business ethics was forged in the fire of personal experience. In 2004, shortly after commencing my career in the banking and finance industry, I was publicly named as one of the “whistleblowers” in a trading scandal that rocked one of Australia’s largest financial institutions. The fallout was everything you’d expect from a major governance failure: the resignation of the Chair and CEO, large financial losses, significant reputational damage, and criminal charges for the traders involved. The experience caused me to ask, “Why?” Specifically, why do ethical failures happen? And why will they continue to happen? In the years since, I have spent considerable time reflecting deeply on these questions.
My writing focuses on ethical failure, situations where people, when given the choice between the morally right and the morally wrong, choose the latter. Tackling the thornier “right versus right” ethical dilemmas is far more challenging. To do it requires an individual who is both a masterful thinker and writer. Joseph Badaracco is just that. In this brilliant book, Badaracco takes the reader into the minds of business people, at different levels of seniority, facing right versus right ethical dilemmas of increasing complexity. By doing so Badaracco not only provides insight into how challenging these dilemmas are to navigate, but also how finding a sensible path through is possible. This book is a must-read for business ethics students and practitioners.
When Business and Personal Values Collide "Defining moments" occur when managers face business decisions that trigger conflicts with their personal values. These moments test a person's commitment to those values and ultimately shape their character. But these are also the decisions that can make or break a career. Is there a thoughtful, yet pragmatic, way to make the right choice? Bestselling author Joseph Badaracco shows how to approach these dilemmas using three case examples that, when taken together, represent the escalating responsibilities and personal tests managers face as they advance in their careers. The first story presents a young manager…
I have cross-disciplinary expertise (ethics and moral philosophy, philosophical anthropology and moral psychology), and my work focuses on personalist virtue ethics, moral human development, and the links between ethics and economics; I am a person who loves nature and animals, and I’m thrilled to do good work. I was educated and worked internationally, with academic degrees in different Europe countries and the USA, and 30 years of work and academic experience in Europe, the USA, and SE Asia. I live with my family near London, U.K.. I am passionate about enabling a more sustainable society that however remains rooted in human dignity and avoids instrumentalizing the person
I love the clarity and the bold historically informed orientation, and that the proposal on how to act for the common good takes ideas from different virtue ethics around the world (from Aristotle’s European to Asian ones in Confucius, Watzusian ethics in Japan, etc.).
They are so different from how current politics act with only power in mind. This book is sensitive to local insights and has strong realist basis for global ethics for business.
This book evaluates strategies for managing ethical conflict. Macro-approaches that attribute select values to entire peoples and claim supremacy for these values are suspect. A micro-approach, focusing on the ethics of individual thinkers, is better. The study uses the ethics of Confucius and Tetsuro Watsuji to derive a process-based universal ethic that respects local differences yet is not relativistic.
My interest in business ethics was forged in the fire of personal experience. In 2004, shortly after commencing my career in the banking and finance industry, I was publicly named as one of the “whistleblowers” in a trading scandal that rocked one of Australia’s largest financial institutions. The fallout was everything you’d expect from a major governance failure: the resignation of the Chair and CEO, large financial losses, significant reputational damage, and criminal charges for the traders involved. The experience caused me to ask, “Why?” Specifically, why do ethical failures happen? And why will they continue to happen? In the years since, I have spent considerable time reflecting deeply on these questions.
The majority of (if not all) ethical failures in the business world are caused by suboptimal (and at times completely flawed) incentives. If one wants to be a serious business ethics practitioner, then a basic understanding of incentives is a must – they matter. In this book, Jason Murphy provides a whirlwind tour of how incentives operate to drive both positive and perverse outcomes across a range of settings. The book is packed full of stories to illustrate the power of incentives and I think Murphy is onto something with the title – Incentivology should be a compulsory course in any undergraduate business or public policy course. And for Australian-based students and practitioners an extra bonus – Murphy is a local author.
Rewards. Punishments. Prices. The Nobel Prize. Candy Crush. Incentives take more forms than you might expect and they can be hard to spot, but they shape our lives in ways that we rarely examine.
Some incentives are obvious, like for example, publicly committing to doing something you dislike in order to motivate you to do something difficult, like lose weight. But, many of the most powerful incentives are accidental, and invisible even to those who designed them. Some are tame - and some are most definitely not. Whether it's bounties for criminals or Instagrammable meals, training your dog or saving…
I have cross-disciplinary expertise (ethics and moral philosophy, philosophical anthropology and moral psychology), and my work focuses on personalist virtue ethics, moral human development, and the links between ethics and economics; I am a person who loves nature and animals, and I’m thrilled to do good work. I was educated and worked internationally, with academic degrees in different Europe countries and the USA, and 30 years of work and academic experience in Europe, the USA, and SE Asia. I live with my family near London, U.K.. I am passionate about enabling a more sustainable society that however remains rooted in human dignity and avoids instrumentalizing the person
An admirably internally coherent book with a rigorous and philosophically informed proposal to restore ethical business premised on altruism as an underlying force of agency.
It also supports the idea that more classical (i.e Aristotle’s virtue ethics) rather than the modern ethics (utility, duty, social contract, etc.) foundations are stronger.
Over 30 years Ronald F. Duska has established himself as one of the leading scholars in business ethics. This book presents Duska's articles the years on ethics, business ethics, teaching ethics, agency theory, postmodernism, employee rights, and ethics in accounting and the financial services industry. These reflect his underlying philosophical concerns and their application to real-world challenges - a method that might be called an Aristotelian common-sense approach to ethical decision making.
I have cross-disciplinary expertise (ethics and moral philosophy, philosophical anthropology and moral psychology), and my work focuses on personalist virtue ethics, moral human development, and the links between ethics and economics; I am a person who loves nature and animals, and I’m thrilled to do good work. I was educated and worked internationally, with academic degrees in different Europe countries and the USA, and 30 years of work and academic experience in Europe, the USA, and SE Asia. I live with my family near London, U.K.. I am passionate about enabling a more sustainable society that however remains rooted in human dignity and avoids instrumentalizing the person
It attempts an evaluation of capitalism from within ethics and various disciplines.
Although universal moral rules in capitalism have clear difficulties in implementation, this challenge pushes us to reflect on the moral inadequacy of pragmatist/utilitarian ways of responding to ethics in capitalism, as they are myopic. The book suggests a universal ethic of duty for dignity is better ethics, even if it is still assuming a global universal moral rule.
This work provides a critical look at business practice in the early 21st century and suggests changes that are both practical and normatively superior. Several chapters present a reflection on business ethics from a societal or macro-organizational point of view. It makes a case for the economic and moral superiority of the sustainability capitalism of the European Union over the finance-based model of the United States. Most major themes in business ethics are covered and some new ones are introduced, including the topic of the right way to teach business ethics. The general approach adopted in this volume is Kantian.…
I am one of the founders of the American dispute resolution field and have taught negotiation, legal ethics, mediation, alternative dispute resolution and international dispute resolution for 40 years in over 25 countries on every continent. I have mediated, negotiated or arbitrated hundreds of cases. I am a law professor who has taught legal ethics since it was required post-Watergate for all law students. As a negotiation teacher and practitioner, I have seen the effects of deceit and dishonorable negotiations in law and diplomacy and peace seeking and I have also seen what can happen when people treat each other fairly to reach better outcomes for problems than they could achieve on their own.
Drawing on years of business school teaching and research and leading negotiation trainings in many countries, Shell provides an important guide for people to stand up for their values in business, law, and complex work situations. Real-world stories put flesh on the bones of outlines of both philosophical and political approaches to difficult choices in career and workplace negotiations. This book can assist any negotiator in figuring out what is really important to them (and their clients and organizations) and then how to actualize behaviors that make principled change happen. This book also provides great advice about when to walk away from the negotiation table or a particular task or job because higher values call.
The Conscience Code is a practical guide to creating workplaces where everyone can thrive.
Surveys show that more than 40% of employees report seeing ethical misconduct at work, and most fail to report it--killing office morale and allowing the wrong people to set the example. Collegiate professor G. Richard Shell has heard work misconduct stories from his MBA students which inspired him to create this helpful guide for navigating these nuances.
Shell created?this book?to point to a better path: recognize that these conflicts are coming, learn to spot them, then follow a research-based, step-by-step approach for resolving them skillfully.?By committing…
I’ve worked top-down with dozens of governments worldwide and bottom-up with many campaigns, start-ups, and social enterprises. I realised that the connecting thread is how to mobilise shared intelligence to address the big challenges like cutting carbon emissions or reducing inequality, and how to avoid the collective stupidity we all see around us. We waste so much of the insight and creativity that sits in peoples’ heads. I thought we were missing both good theory and enough practical methods to make the most of technologies – from the Internet to generative AI – that could help us. I hope that my book – and the work I do – provides some of the answers.
One of my favourite books from a few decades ago is Jane Jacobs’ Systems of Survival.
She is best known for her work on cities, but this has a wider canvas. It explains how all working societies, and organisations, combine contradictory moral syndromes, what she calls the guardian and trader syndromes. She also shows the pathologies that result from mixing them up too much, like when businesses become like governments or governments become too much like businesses.
It is one of the rare books that changes how you see the world – and helps you understand the errors in much social thought.
With intelligence and clarity of observation, the author of The Death and Life of Great American Cities addresses the moral values that underpin working life.
In Systems of Survival, Jane Jacobs identifies two distinct moral syndromes—one governing commerce, the other, politics—and explores what happens when these two syndromes collide. She looks at business fraud and criminal enterprise, government’s overextended subsidies to agriculture, and transit police who abuse the system the are supposed to enforce, and asks us to consider instances in which snobbery is a virtue and industry a vice. In this work of profound insight and elegance, Jacobs gives…
I am a historian and economist who is fascinated by the intersection of the economy and culture. This started for me with the idea that economic ideas were shaped by the cultural context in which they emerged, which resulted in my book on the Viennese Students. Over time it has expanded to an interest for the markets for the arts from music to the visual arts, as well as the way in which culture and morality influence economic dynamism. Economics and the humanities are frequently believed to be at odds with each other, but I hope to inspire a meaningful conversation between them.
Economists are arguing to this day what gave rise to the enormous rise in living standards since the 1750s. Deirdre McCloskey argues in this first book of her Bourgeoistrilogy that it resulted from a cultural shift in which bourgeois virtues replaced aristocratic ones. The book opened my eyes to the importance of cultural attitudes (dignity and stigma) of various economic and social activities. McCloskey claims that sustained economic growth and innovation were crucially dependent on the dignity of the bourgeois and their commercial activities. McCloskey’s fluent prose which interweaves empirical historical knowledge with literary allusions remains a model to me.
For a century and a half, the artists and intellectuals of Europe have scorned the bourgeoisie. And for a millennium and a half, the philosophers and theologians of Europe have scorned the marketplace. The bourgeois life, capitalism, Mencken's "booboisie" and David Brooks's "bobos" - all have been, and still are, framed as being responsible for everything from financial to moral poverty, world wars, and spiritual desuetude. Countering these centuries of assumptions and unexamined thinking is Deirdre McCloskey's "The Bourgeois Virtues", a magnum opus that offers a radical view: capitalism is good for us. McCloskey's sweeping, charming, and even humorous survey…
I pivoted into brand consulting after working in banking, because I saw a need to align organizational behaviors and actions with purpose and values. So naturally, as a strategist my work has always informally included an element of coaching brands and people to have the courage and confidence to be their best, true selves. To have a broader societal vision and positive social impact. Since the Me-to-We continuum of Brand Citizenship emerged unsolicited in research, I also have been on a larger mission to help business balance how it earns a profit with how it serves individual people, betters society, and regenerates the planet.
At a time when businesses are targeting net zero carbon emissions, Net Positive is a rallying cry for leaders to embrace a wider definition of sustainability.
As Paul Polman, former CEO of Unilever, who I’ve had the privilege of interviewing, and Andrew Winston explain net positive companies improve the lives of everyone they touch, increasing long-term shareholder returns in the process; take ownership of social and environmental impacts their business models create, viewing these as opportunities to innovate; and partner with competitors, civil society and governments to drive transformative change.
Although some concepts presented in this book were not new to me, the authors’ examples add meaningful perspective. Net Positive affirmed my belief in purpose-led organizations and the power of business to do more.
Named one of 10 Best New Management Books for 2022 by Thinkers50
"An advocate of sustainable capitalism explains how it's done" - The Economist
"Polman's new book with the sustainable business expert Andrew Winston...argues that it's profitable to do business with the goal of making the world better." - The New York Times
Named as recommended reading by Fortune's CEO Daily
"...Polman has been one of the most significant chief executives of his era and that his approach to business and its role in society has been both valuable and path-breaking."…
I became interested in privacy in the mid-1990s. When I began my career as a law professor, I thought I might write one or two papers about privacy and then move on to other issues involving law and technology. But like Alice in Wonderland, I found an amazing world on the other side of the rabbit hole. I’ve written more than 10 books and 50 articles about privacy, and I have a list of topics and ideas that will keep me writing many more in the future. I recently wrote a children’s book about privacy called The Eyemonger, which is designed to spark a child’s thoughts and understanding about privacy.
Ari Waldman’s Industry Unbound eviscerates many of the current privacy laws and corporate privacy programs. On the surface, we appear to be living in the golden age of privacy law. Privacy laws are being passed at a feverish rate. Many companies now have dedicated teams of individuals who build a privacy program at the company to comply with the laws, assess privacy risks, train employees, and ensure that products and services are designed in ways that are protective of privacy. Unfortunately, Waldman contends, these privacy programs are hollow. They amount to building a meaningless paper record and end up cloaking poor privacy practices with a pretty facade. Even those who do not agree with the potency of Waldman’s critique must take note of the concerns he raises. His arguments are essential to engage with.
In Industry Unbound, Ari Ezra Waldman exposes precisely how the tech industry conducts its ongoing crusade to undermine our privacy. With research based on interviews with scores of tech employees and internal documents outlining corporate strategies, Waldman reveals that companies don't just lobby against privacy law; they also manipulate how we think about privacy, how their employees approach their work, and how they weaken the law to make data-extractive products the norm. In contrast to those who claim that privacy law is getting stronger, Waldman shows why recent shifts in privacy law are precisely the kinds of changes that corporations…
