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

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