Page 61 - Flip Banks TG

Questions
Objectives

“Power tends to corrupt and absolute power corrupts

absolutely”

Lord Acton, 1887

Objectives

Ethical behaviour is an ideal that many companies

propound in their literature and embed in their mission and

value statements. But, often this is simply camouflage when

the individual is confronted with a decision on whether to

act in an ethical manner or cheat, lie or steal.

Actions have consequences! The small first step on the road

to unethical behaviour is often also the first in a domino

effect where the consequences become more severe as

each domino falls.

The objectives here are to examine the circumstances that

lead to the actions that were taken by, in particular, the

strategic leadership of the company and, secondly to

appreciate that mechanisms to counter unethical behaviour
are, even when entrenched in the operating procedures of

the organisation, often eroded when unchecked, excessive
power is exercised.