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Editorial Reviews. Review. "It is difficult to imagine a more thorough and vivid qualitative Before It's Too Late - Kindle edition by Marianne M. Jennings. The Seven Signs of Ethical Collapse: How to Spot Moral Meltdowns in Companies.
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- The Seven Signs of Ethical Collapse | Marianne M. Jennings | Macmillan
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See our disclaimer. In demand nationwide as a speaker and analyst on business ethics, she takes her decades of findings and shows us in The Seven Signs of Ethical Collapse the reasons that companies and nonprofits undergo ethical collapse, including: - Pressure to maintain numbers - Fear and silence - Young 'uns and a larger-than-life CEO - A weak board - Conflicts - Innovation like no other - Belief that goodness in some areas atones for wrongdoing in others Don't watch the next accounting disaster take your hard-earned savings, or accept the perfect job only to find out your boss is cooking the books.
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The Seven Signs of Ethical Collapse | Marianne M. Jennings | Macmillan
Choose Store. And manage by walking around. Thirty-nine percent made loans to executives. Thirty-five percent purchased legal or banking services from directors. Twenty-one percent bought, sold, or invested in companies insiders owned. The antidote is simple, she said. In geographies like Silicon Valley, conflicts of interest grow rapidly over time. In many ways, their knowledge and past relationships are an advantage. The dot-com companies amused her the most. The antidotes are really very simple. She advised executives to understand business history and economic cycles.
Depend on the basics of business: keep costs low; keep quality high; focus on customer service. Dull and certainly not innovative, but quality and low cost keep them going. Ultimately, Jennings summed up, leadership and example matter. Culture is to company what character is to individuals. Culture comes from the collective actions and responses of leaders.
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Despite history repeating itself in a seemingly unending cycle of corporate corruption, Jennings remains optimistic. I believe this remains fixable. The power of a single person. The power of a story. Fear and silence Jennings noted that front-line employees never miss an ethical issue.