ethics

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Can we trust China’s new code of ethics?

Thursday, March 11th, 2010

The Wall Street Journal reported this week that Chinese politicians are maneuvering themselves into position for big changes in the government. Seems that a major shift in power is expected two years from now, being spurred by the National People’s Congress and the Chinese people themselves.
Some of the candidates-in-waiting are already mounting [...]

Speak simply

Friday, March 5th, 2010

Continuing my Friday series on keeping your business out of court, let’s address a problem that plagues the customers and clients of many highly skilled professionals: the inability to understand what’s their professional advisors are saying to them.
One of the hallmarks of a profession is education in a specialized field and, with it, immersion in [...]

You want a latte with that handgun?

Friday, March 5th, 2010

It can’t be easy to run Starbucks these days. Even before the recession hit, the wildly popular coffee chain had become the poster child for extravangant self-indulgence. All too often, if personal finance gurus wanted to demonstrate how little sacrifices add up to big savings they’d point an accusing finger at the decidedly [...]

The ethics of training orcas

Monday, March 1st, 2010

The death of Orlando SeaWorld trainer Dawn Brancheau last week has raised a firestorm of debate about whether it’s right to train big predators to entertain the public. Ms. Brancheau was killed by a 22-foot male orca named Tilikum. No one really knows what caused Tilikum to grab Ms. Brancheau by the hair [...]

Don’t let problems escalate

Friday, February 26th, 2010

Continuing my Friday series on keeping your business out of court, let’s discuss a mistake that even the biggest companies make: letting problems fester and grow until they do serious damage. For today’s example, we need look no further than Toyota Motor Co.
Toyota’s woes have been well-publicized, and investigations continue into what and when [...]

Mr. Toyoda, just tell us what went wrong

Thursday, February 25th, 2010

Today’s Congressional hearings about Toyota’s safety problems were deeply disappointing to those of us who hoped that the company would put its ongoing troubles to rest. Toyota’s President, Akio Toyoda, appeared in person to apologize to American consumers for the quality control issues that have dogged his company. It was a defining moment [...]

Even Tiger Woods is only human

Monday, February 22nd, 2010

It’s been an interesting few days, as I’ve found myself discussing Tiger Woods’ apology with interviewers from across the U.S., Canada and Europe. More than a few people have criticized the apology as being too “scripted” or dissed Woods’ delivery as too “wooden.” A handful of angry critics have refused to accept the apology [...]

Tiger gets an A- from me … but maybe not from the media

Saturday, February 20th, 2010

Tiger Woods did a lot of things right when he finally delivered his much-anticipated apology. He said a straightforward “I’m sorry” to his family, his fans, the children who idolize him, his PGA peers and his sponsors. He took responsibility for his actions, expressed appreciation to everyone who has supported him in the [...]

Will Tiger Woods’ apology be effective?

Thursday, February 18th, 2010

Tiger Woods has announced that he’ll make a public statement tomorrow apologizing for the actions that led to his spectacular fall from grace a few months ago. The event will be closely controlled, with only a few “friends, colleagues and close associates” attending in person and no questions from the media permitted. A [...]

What really tripped up Toyota?

Tuesday, February 16th, 2010

Seems as though almost everyone who writes about business has a theory about what landed Toyota in its current fix. Some pundits blame a failure of leadership in Toyota’s management, others claim that Toyota failed to stay true to its brand, and still others tag Toyota with the arrogance that comes from being a [...]

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