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What is moral reasoning? Moral reasoning is a process of discerning the possible effects of making a decision on a specific issue and examining the pros and cons of what values are at stake and why and the “prices to pay” for each decision made. Moral reasoning has a “justice” component to it, and…
it comes to ethics, values, having a moral compass or moral awareness with some people. Daily accounts of executives doing things against the law and that are unethical come from well educated, highly regarded leaders, C-suite execs, etc. A question here is what is it that “tempts” those whose companies are fined millions/billions of…
1. What does it mean to you to be ethical? You need to define it, not just for yourself but for your people. You need to embrace it and consistently promote/live it. 2. What guides you ethically? List the values that you internalize and prioritize them in order of personal preference. 3. Have you…
This is what Socrates is purported to have said. True? Let’s look at this statement a little closer. Can education make people moral, of course it can, but the question is how? I remember as a teacher being taught that “true education only happens when learning links up to people’s experience.” When this happens, people…
Here are my questions about all this, particularly in the wake if this past week’s Bank of America’s recent fine of $17 billion: 1. Where does the fine money go? Who/what gets it? How is it used? Whose accountable? 2. Why do these banks fight their wrongdoing in court? 3. I wonder how much money…
The research of NAVEX Global 2014 ethics and compliance report points this out. This finding should cause leaders to think about what are they doing about these two critical areas of employee and business development? Therefore consider: • If ethics is one of two key training priorities, what state is your ethics training in at…
How is it that people can 12-15 years of formal education and not have one class on emotional self control? For example, what’s temporary insanity in a court of law? It means someone let emotions control their behavior and now the court applies rational consequences for that behavior, as emotions out of control is no…
It has been said that perceptions determine attitudes and attitudes determine behavior. Assuming this is true, then if I perceive that you are unethical, you are! Perceptions are neither right nor wrong they just are, and yet they have a profound impact on our buying habits, personal/professional relationships, etc. For example, if you walk…
In the Forbes magazine interview on2/28/2014 on Corporate Leadership and Ethics, Citigroup CEO Michael Corbat is quoted: “As much as I have to say it, at appears even now—five years after a crisis in which the financial services industry shouldered its fair share of blame-There are some people that still don’t get it. For…
On July 1,2014, in the Risk and Compliance Journal, there was an article on the BNPE Bank scandal. Below is a short excerpt. “BNP Paribas SA prodded, sidelined and co-opted its compliance staff as the bank broke U.S. sanctions and hid massive Iran, Sudan and Cuba transactions from U.S. authorities, according to the bank’s…
