From It Takes A CEO: It’s Time To Lead With Integrity by Leo Hindery.
Does corporate culture have to be driven by greed? Or can you do good and still make good in the big business world?
Should CEOs act as moral compasses for their companies? Leo Hindery thinks they should. If every CEO did so, then Enron, WorldCom, Adelphia, and Tyco would not have become poster children for greed. They would not have become corporate embarrassments – living illustrations of all that can go wrong in the corner office.
How did these once prestigious companies fall off the ethical cliff? How is it that reputations were destroyed, shareholders lost value, employees (in many cases) lost everything, and, in a few cases, entire companies disappeared? Everyone is pointing fingers, and the new widespread mistrust of public companies may turn out to be more damaging to America’s economic future than the billions actually lost in the scandals.
