Executives who ignore the ethical dimensions of crisis management expose themselves to serious risks that can lead to the collapse of their firms. The authors use the 2010 BP oil spill in the Gulf of Mexico as a cautionary example of what happens when a company fails to make decisions based on and directly connected to a set of core ethical values, such as trustworthiness, responsibility, caring, citizenship, respect and fairness. They outline how to construct an ethical corporate culture, which will make firms better equipped to deal with a crisis when it occurs, so that they emerge stronger and more respected as a result.
Tools and Frameworks:
"Signs of Ethical Leadership Failure" reveals the telltale shortcomings and failings, and how to overcome them, to boost your level of ethical leadership.
See full Press Release: http://www.ieseinsight.com/doc.aspx?id=1426&ar=17
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