Dave Gardner’s “Thank God It’s Monday” 01NOV10

“Thank God It’s Monday” is to help companies thrive!

This week’s focus: ethics

Ethics is about meeting expected, professional standards of conduct—“doing the right thing”—especially when no one is looking.

This past week, GlaxoSmithKline, one of the world’s largest pharmaceutical companies, agreed to pay a whopping $750 million fine to settle with the FDA for serious quality control breaches (read my blog post here).  We do not know if people died or suffered significant side effects as a consequence of this ethical lapse—it is certainly possible.

The Gulf Oil spill was no accident—repeated warning signs were ignored. Besides the economic and ecological catastrophe that ensued for BP and the Gulf region, we should not forget that eleven people lost their lives, a horrific outcome for such an ethical lapse.

In both instances, the quest for profits trumped safety.

Companies that thrive instantiate a culture imploring employees to “do the right thing” irrespective of the implications.

Thought for the week:

“We must look for the opportunity in every difficulty instead of being paralyzed at the thought of the difficulty in every opportunity.”
– Walter E. Cole

__

Dave Gardner, Gardner & Associates Consulting http://www.gardnerandassoc.com

© 2010 Gardner & Associates Consulting  All Rights Reserved

Note:  To receive an email version of “Thank God It’s Monday” to start your week, please subscribe here.  I would very much appreciate your suggesting to others that they subscribe.

Privacy Statement:  Our subscriber lists are never rented, sold, or loaned to any other parties for any reason.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s