I just want to find some free info about caterpillar and co.
...hat person may have taken from a superior. I think that if ethical standards are practiced at the head of any corporation and are passed down through every level, even including the janitorial staff, that individuals will find it much more difficult to cut ethical corners for any reason. As far as what I would do to incorporate this factor into the strategic decision making of a firm assuming I am say the CEO, I would simply make certain to the best of my knowledge that every person I hired shared the desire for ethical business practices. In addition to this screening process I would lead by example and make examples out of any person(s) that violated our company’s culture and code of ethics so that it was known that unethical practices will not be tolerated in any shape or form. As a leader I would try to impart upon my co-workers a moral justice model for ethics. I would want every level of my organization to understand that we are willing to forgo profits if it requires our firm to participate in any dishonest behavior. It has been my experience that capital may be lost in the short term, but an honest reputation will attract many more clients in the long run and will be a legacy on which your firm can market its product or service. For example, in the instance of Arthur Andersen & Co. (a recent case study I reviewed), the firm had an ethical founder in Andersen himself, however with each successive leader, the firms ethical behavior and overall performance steadily declined. This can almost be directly attributed to the looser ethical standards that each leader after Andersen imposed on the company. In this case and several others, when cash is king, and heavy incentives are levied on this motto, ethical performance will begin to decline in an effort to make money in any way. Examples of this can be seen in every indust...