Do companies care about the intent of one’s actions, or just the results? While we think that our intentions should matter, if an unethical action takes place, do we really care why? Let me know what you would do in the following dilemma: Alternative #1 – You are taking care of a chatty 3-year old. …
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 …
Too often, when Board members struggle with attendance, participation, or decision-making, they simplistically resort to a Board training session or undertake team building and training to address their problems. Those techniques seldom work to address those problems. Why Board Training Alone Seldom Restores Boards It is not uncommon that Board members want a “quick fix” to …
In the post, Part 1, we reviewed the first 5 practices. This post is a continuation from that post, and reviews the remaining 5 practices. 6. Ensure strategic plan that includes action plans The action plan part of an overall strategic plan specifies who is going to do what and by when in order to …
What’s the difference between a code of conduct and a rulebook? A rulebook certainly sets outer parameters as what is unacceptable behavior. However, since most behavior is within those legal parameters, does (and should) a code of conduct dictate how employees should in fact conduct themselves at work? Imagine if a supervisor asks an employee …
This Part explains the first 5 practices. Part 2 describes the last 5 strategic partnership practices. Recent and very public “white collar,” stock-fraud crimes have brought much public attention to how governance is supposed to work, but too often doesn’t. The Sarbanes Oxley Act is one example of new regulations intended to strengthen the transparency …
(Much of this blog post was published in April of 2010. This post is republished now with additional information from guest blogger, Alan Hough, whose valuable comments are added later on below.) A common question about Boards is “How many members should we have?” Usually that question spawns a range of answers. For for-profits, some …
What makes the field of business ethics so interesting and so challenging is that as a term, and as a concept,“business ethics” means so many different things to so many different constituencies. However, many of these constituencies often don’t communicate well together. The academic side of business ethics is often not seen as a resource …
