BUSN 289 Lecture Notes - Lecture 5: François De La Rochefoucauld (Writer), Bernard Madoff, Officemax

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E(cid:374)(cid:396)o(cid:374), glo(cid:271)al c(cid:396)ossi(cid:374)g, wo(cid:396)ldco(cid:373), t(cid:455)(cid:272)o, boei(cid:374)g, healthsouth, tita(cid:374) co(cid:396)p, offi(cid:272)ema(cid:454), aig, citi(cid:272)o(cid:396)p, ge(cid:859)s. One good outcome of the recent increase in corporate and other scandals is that it has incited a virtual renaissance of ethics. The problem in organizations, however, is that many ethics solutions focus on compliance. Rationalization results in artificial dilemmas and co(cid:374)t(cid:396)i(cid:448)ed (cid:272)o(cid:373)ple(cid:454)ities(cid:863) - evan offstein (cid:862)the (cid:271)est (cid:449)a(cid:455) to defeat the fo(cid:396)(cid:272)es of (cid:272)o(cid:374)t(cid:396)i(cid:448)ed (cid:272)o(cid:373)ple(cid:454)it(cid:455) is th(cid:396)ough pu(cid:396)poseful si(cid:373)pli(cid:272)it(cid:455)(cid:863) - Evan offstein: make things as simple as you can (cid:862)most of ou(cid:396) faults a(cid:396)e (cid:373)o(cid:396)e pa(cid:396)do(cid:374)a(cid:271)le tha(cid:374) the (cid:373)ea(cid:374)s (cid:449)e use to (cid:272)o(cid:374)(cid:272)eal the(cid:373). (cid:863) -francois de la rochefoucauld (cid:862)highl(cid:455) ethi(cid:272)al(cid:863) emotion/ peer based decision making. Challenge: to (cid:373)o(cid:448)e ou(cid:396) u(cid:374)de(cid:396)g(cid:396)aduate stude(cid:374)ts f(cid:396)o(cid:373) a o(cid:374)e se(cid:395)ue(cid:374)(cid:272)e ho(cid:374)o(cid:396) (cid:272)ode (cid:396)ooted i(cid:374) a(cid:374)ti(cid:395)uit(cid:455) toward an approach to ethical conduct and decision making they will find relevant in the 21st century. Lying: turning a blind eye glossing over the presumed accuracy of accounting statements.

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