An Ethical Systems Book Review BY DAVID NEWMAN Sidetracked: Why Our Decisions Get Derailed, and How We Can Stick to the Planby Francesca GinoHarvard Business Review Press (2013) (public library)Summarized by Jennifer Fang Overview The adage “the best laid plans of mice and men often go awry” succinctly summarizes the difficulties of executing even the most…
BY JEREMY WILLINGER Ethics and trust are inextricably linked. We are interested in ethics in large part because we are concerned, even obsessed, with the question of who we can trust is a world where there is risk and uncertainty. In our relationships, we humans are much more concerned about assessing trustworthiness of others than we…
An Ethical Systems Book Review BY DAVID NEWMAN The Lucifer Effect: Understanding How Good People Turn Evilby Philip ZimbardoRandom House Publishing Group, 1st Ed. Reprint (2008) (public library)Summarized by Joshua Elle Overview In a compelling story of his own life’s journey, Phil Zimbardo juxtaposes his famous Stanford Prison Experiment (SPE) and the equally famous Milgram experiment on obedience to authority…
BY ETHICAL SYSTEMS After each major business scandal, a chorus of voices calls for business schools to work harder to instill ethics into their students. But what exactly should they doOn this page we focus on what business schools can do that may lead to stroner ethical systems in the corporate world. Some common changes business schools have made to…
BY ETHICAL SYSTEMS Corporate culture, a rather nebulous psychological construct, is nevertheless part of an organization’s personality. It informs employees—via expectations, standards, prohibitions, and norms, both written and unwritten—how to behave, ultimately driving individual and group-level behavior. This culture is also inherently and deeply linked to ethics, because individual employees tend to act in accordance with…
Q: When can you quit your day job when starting a small business? A:When you are starting a business, your personal finances are inseparable from the business. So you need to factor your living expenses into all your financial calculations. An exercise I use with my students is to have them calculate their “runway.” It…
ETHICAL SYSTEMS Cheating, misconduct, deception and other forms of unethical behavior are widespread today, not just in business but in sports, government, schools, and many other arenas. While the media often focuses on extreme cases of cheating and sensational scams (such as Madoff’s ponzi scheme), less attention is paid to what researchers call “ordinary unethical behavior.” For example:…
Business Ethics Resource Center collaborated with Ethical Systems at the NYU Stern School of Business to bring ES’s “Breaking the Fever” podcast to BERC. Breaking the Fever is a 26-part series examining climate change, the pandemic, and ethics. A cross-disciplinary cast of thought leaders talk through a range of challenges and possible responses to the…
Ethical Systems’ Breaking the FeverPodcast Series on Climate Change – Episode 6 In episode 6, Dr Jill Atkins, Chair in Financial Management, Sheffield University Management School, outlined a global agenda for finance, business, and biodiversity. The pandemic is finally bringing business and investor attention to biodiversity issues, which are comparable in scale and impact to…
Ethical Systems’ Breaking the FeverPodcast Series on Climate Change – Episode 7 In episode 7, Charles Green, CEO, Trusted Advisors Associates, put people back at the center of the trust equation and discussed why trust is so widely misunderstood and mischaracterized. A fascinating look at what it takes to give, and to receive, trust, in…
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