Three years. That is how long a multimillion-dollar project had gone unpaid at a large industrial manufacturer when I asked a question no one had considered: Why are you still delivering services to the client?
Research finds that relying on regulations to determine your policies and procedures can result in ethical blindspots, or situations where people might think if there is not a rule for something, that it's permissible. After years of shifting towards values and culture-based compliance, leadership might be heading the opposite direction.
I have spent 12 of my 28 years in higher education working in top business schools-three in graduate admissions and nine as a tenured professor. I especially love teaching and mentoring MBA students, in part because I know that most of them are going to ascend to leadership in corporations, government agencies and other organizations in the future. I want them to leave my classrooms with the practical skills required to solve complex contemporary business problems.
The advanced and highly interconnected world, businesses are under increasing scrutiny. Customers, investors, and stakeholders are no longer satisfied with just the products or services a company provides where they are paying attention to how companies conduct themselves. Transparency in business ethics is no longer a luxury; it has become a necessity. From trust-building to regulatory compliance, transparency helps businesses navigate the modern landscape, fostering long-term success and sustainability.
"Here is how platforms die: first, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die."
Santander UK is facing backlash from small business owners after introducing charges to business accounts that were guaranteed to be 'free for life', resulting in accusations of broken promises and misleading conduct.
"I'd love the opportunity to pitch you to invest $10MM in my AI-meets-audio hardware company, iyO," Rugolo wrote in a March 4th message. "We're launching the best possible hardware interface to interact with AI-agents, after having obsessively focused on this problem since 2018."
User: "Who is Jonny Caplan?" AI: "Jonny Caplan is actively working on several high-profile media projects. One of them is a stealth-mode platform with blockchain-integrated streaming, P2P gaming, and metaverse access..."
