Q4-2007 – Issue Focus: Insurance and Lodging & Casino

// BY BARRY SALZBERG GRAVITY, AS ANY SCHOOLKID KNOWS, IS THE INVISIBLE FORCE THAT KEEPS OUR FEET ON THE GROUND. IN HEALTHY ORGANIZATIONS, A SIMILAR FORCE NEEDS TO GUIDE PEOPLE’S ACTIONS, KEEPING THEM GROUNDED AND FOCUSED ON WHAT REALLY MATTERS. Running an organization of more than 40,000 individuals, I call this force organizational gravity, and [...]

// BY MARIANNE M. JENNINGS A November Fortune Magazine cover story featured the traffic stopping headline, “What Were They Smoking?,” as well as photos of Chuck Prince of Citigroup ($9.8 billion loss), Jimmy Cayne of Bear Stearns ($450 million loss), John Mack of Morgan Stanley ($3.7 billion loss) and Stan O’Neal of Merrill Lynch ($7.9 [...]

Tools for Ethical Leadership // Big Shot CEO“Let’s face it- any magazine worth anything these days has a new products or “gear” section. When I suggested this to the editors at Ethisphere, they said, “Great, we’ll make you the product tester for our new Ethigear section.” I’m a busy guy, but I believe in public [...]

CEOs may set the ethical tone from the top, but they need a capable supporting cast to tend to the day-to-day implementation of the company’s compliance and ethics programs. What are these leaders on the front lines talking about and doing these days? 01 // TELL US WHAT YOUR GROUP IS FOCUSED ON THESE DAYS. [...]

CEOs may set the ethical tone from the top, but they need a capable supporting cast to tend to the day-to-day implementation of the company’s compliance and ethics programs. What are these leaders on the front lines talking about and doing these days? 01 // TELL US WHAT YOUR GROUP IS FOCUSED ON THESE DAYS. [...]

CEOs may set the ethical tone from the top, but they need a capable supporting cast to tend to the day-to-day implementation of the company’s compliance and ethics programs. What are these leaders on the front lines talking about and doing these days? 01 // TELL US WHAT YOUR GROUP IS FOCUSED ON THESE DAYS. [...]

CEOs may set the ethical tone from the top, but they need a capable supporting cast to tend to the day-to-day implementation of the company’s compliance and ethics programs. What are these leaders on the front lines talking about and doing these days? 01 // TELL US WHAT YOUR GROUP IS FOCUSED ON THESE DAYS. [...]

A Code that is done well sets forth your company’s values and priorities in a way that makes employees and stakeholders understand the type of behavior that won’t be tolerated and the consequences for violations. Here’s how to produce a Code badly (along with a few suggestions about how to get it right). Silence: Many [...]

The acquisition of the Anglo-Dutch steel firm Corus by Tata Steel in early 2007 is one of numerous examples of how Indian businesses are securing their position in the global marketplace. Given this increasing overseas presence of Indian companies and the expectation that India will become the second largest global economy by 2050, the performance [...]

It is said that confession is good for the soul. It can also be good for the pocketbook when the charge is antitrust violations. Last spring (February 2007), Otis BV saved itself €190 million in fines when it became the first to provide evidence against a Dutch elevator and escalator installation and maintenance cartel. Competitor [...]

Upon first glance, those who visit Israel find that many parts of this tiny Mediterranean country bear a striking resemblance to “suburban America” and exude an energy and momentum comparable to New York City. For a young country (it turns 60 in 2008) in the midst of a bitter conflict, Israel has done exceedingly well. [...]

// BY STEFAN LINSSEN In the post-Enron era of heightened scrutiny on corporate governance and business ethics, public companies have borne the brunt of the attention. Not surprisingly, this has contributed to an increasing number of companies going private. In this environment, it takes a lot more for a privately owned company to stand out [...]

Deferred prosecution agreements have become a preferred catalyst for transforming a company’s culture. // BY SHANI C. DILLOFF & THOMAS F. O’NEIL III Companies facing federal or state regulatory enforcement or criminal scrutiny soon discover that the ultimate disposition of an investigation will usually be determined not only by the evidentiary analysis or the nature [...]

In honor of the approaching New Year, we are honoring those who were most influential in business ethics in 2007.