As the world watched the amazing rescue of the Chilean miners, I was struck by the amazing level of transparency being demonstrated by the Chilean government. No one knew if the rescue was going to be successful. And yet, the world was watching the event unfold live, with cameras above and below ground. What a …
Starting a Business/
Business Laws & Ethics
How to File a South Dakota DBA Name Online in 2024
Do you want to understand the ins and outs of DBA registration in South Dakota and take charge of the filing process? We’ve got you covered. In South Dakota, a DBA, or Doing Business As, lets individuals operate under a different name for various purposes like marketing, sales, and legal matters. It’s also known as …
Business ethics in the workplace is about prioritizing moral values for the workplace and ensuring behaviors are aligned with those values — it’s values management. Yet, myths abound about business ethics. Some of these myths arise from general confusion about the notion of ethics. Other myths arise from narrow or simplistic views of ethical dilemmas. …
Boards need to discuss horrible ideas: the idea that your product might no longer be relevant to your target market, the idea that your staff might prefer to work elsewhere, or that your technology might leave you unable to deliver goods and services. These are not issues that management like to talk about and, indeed, …
Let’s Start With “What is ethics?” Simply put, ethics involves learning what is right or wrong, and then doing the right thing — but “the right thing” is not nearly as straightforward as conveyed in a great deal of business ethics literature. Most ethical dilemmas in the workplace are not simply a matter of “Should …
Company directors on not-for-profit boards are often required to make substantial donations to the cause, or to elicit substantial donations from their network. Those that can’t or won’t become major benefactors are, more or less subtly, removed from the boardroom. But does this model sit well with current notions of directors’ responsibility and the professionalization …
Our firm regularly gets calls, asking about the differences between for-profit and nonprofit Boards. Although there are certain differences, there are more similarities than people often realize. Misconceptions often stem from the belief that nonprofits have to have a Board because they’re nonprofits. Not true. Chartered, or registered, nonprofits have to have a Board because …
The role of the boards and management changes as the company grows and the management team becomes more diverse, with a wide range of experts who can contribute to strategy in different ways. A company passes through several stages in its life cycle. In the first stage ‘Start-up’ strategy is developed and implemented by the founder …
