In a seminal 2011 Harvard Business Review article, Michael Porter and Mark Kramer urged companies to abandon the ‘old narrow view of capitalism’ in which the sole purpose of companies is to make profits. Instead of focusing exclusive on share value, they argued, corporations have a duty to also address the challenges of society — […]
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Sceptics of enterprise risk management believe that the 2008 financial crisis proves their point: risk management practices do little to prevent risks. Instead, according to these sceptics, focusing on potential risks only leads to a fear of innovation and initiative. Companies stay in their safe zones, becoming sitting ducks for competitors who are not afraid […]
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Most people think of themselves as moral and ethical. And yet, major fraud and unethical behaviour is widespread. A team of researchers from the University of North Carolina, University of Washington and University of Arizona studied how people who are otherwise good allow themselves to become involved in increasingly unethical behaviour. “There are a number of […]
Read More… from Ethics and the Slippery Slope: Why Good People Do Bad Things
Recent years have seen a surge in ‘unethical’ behaviours in the workplace, whether in the form of corporate scandals, fraud, or just disrespecting company values. As management research has focused on the drivers of such behaviours, increasingly sleep deprivation has come up; recent studies have found that sleep deprivation can deplete self-regulatory resources, which can […]
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