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worldcom Tagged Articles
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The Importance of WhistleBlowing
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| Whistle blowing. While some may view it as “snitching”, others may view it as bravery and a dedication to proper ethics. In this issue of Astronology, we take a look at the importance of whistle blowing, along with the positive and negative benefits from it. |
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The Meaning of Integrity
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| We hear many people in business talking about integrity these days. This article sheds some light on what integrity really means and why it is the mark of all true leaders. |
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Leadership with Integrity; how to ensure it exists in your organization
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| Throughout my career in Human Resources, I have had managers ask how, if they found themselves in a difficult situation, could they be sure to say the correct thing? “When in doubt think about these two things: treat people the way you would like to be treated and if you don’t want to read it or see it in the news, don’t say it!”
It’s simplistic, yes, but advice that the VP HR at Enron could have been doling out. In the absence of strategic leadership and clearly reinforced corporate culture or values, these are two basic considerations for managers running an organization today. |
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Other worldcom Related Articles
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The Business of Ethics and The Ethics of Business
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| In 2002 the corporate world in the United States was rocked with scandals. Enron, Arthur Anderson, WorldCom, Citi Group, HCA, Tyco and others were headline news in print and the lead story on the television news because of business ethics failures. This caused me to reemphasize and stress to each of my clients then and now, the importance of business ethics and to challenge each of my clients to integrate their core values into their policies, practices and decision making. And I recommend that they rededicate themselves to conducting business to the highest ethical standards. |
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“Ten Most Significant Risks and Costs of Unethical Behavior in Business, According To Your Strategic Thinking Business Coach”
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| The business world has been shocked and rocked by major corporate scandals involving unethical behavior. The real “poster” companies of ethics violations include: Enron, Tyco International, WorldCom, Global Crossing and Adelphia. The risks and costs associated with these examples of unethical behavior are astronomical in dollars, but also extremely high in other non-quantified costs and risks. These other significant risks and costs from unethical behavior include:
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“Building An Environment of Ethical Behavior. Ten Tips From Your Strategic Thinking Business Coach ”
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| Business ethics has become and has remained a popular news topic in today’s world thanks to Enron, Tyco, WorldCom, Adelphia, et al. We have read and heard about the “waiving of the ethics code or standard” and where compromises were made to ethical standards for business advantages. And now we hear about zero tolerance for unethical behavior. It now seems as though the pendulum is swinging strongly in the direction of zero tolerance for unethical behavior based upon the reactions to ethics misconduct cases across the corporate landscape.
Good business leaders have ethics, character and integrity. You have to create an environment in your business that allows everyone to operate in an ethical manner. Here are ten (10) tips from your strategic thinking business coach on how to build an environment of ethical behavior.
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FOREIGN CORRUPTION PRACTICE ACT FCPA USA
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| This article aims at dealing with the applicability of Foreign Corrupt Practices Act in the foreign investment scenario in Asia. I will further concentrate on the nature of compliances that a corporate ought to observe, be it under FCPA or under the domestic laws of a particular country, and the reason and wisdom to do so. All around the world, in every country, the goal of business is not to serve the public; it is to make money. When that drive for profit produces corrupt behaviour and erupts in major scandals, it can have a demoralizing effect. The early twenty first century scandals in America over revelation of business fraud followed by indictments and punishment included corporations such as WorldCom, Qwest, Tyco, Adelphia Communications, ImClone and Global Crossing. |
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What Do You Do If Your Company Is Involved In A Scandal
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| The events involving Enron and Worldcom brought to light the plight of employees caught in an unpleasant and potentially career-damaging situation not of their own making. But these situations are not limited to major scandals and many employees face similar dilemmas within other organizations. The question is what, if anything, can they and should they do? |
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