Discussion QuestionCan you identify and comment on personal experiences where some activity fell outside the “mission” of what you were doing. It might be that you and your colleagues took some action and realized after the fact that the action fell outside the mission. Or, you might have been planning to do something and someone in leadership said no because it fell outside the mission   There has been multiple times where I have done things that fell outside of our mission. Most of the time, it’s done to complete the assignment. My job mainly deals with logistics (shipping and receiving cargo throughout the world). We normally schedule trucks for our cargo to get shipped in and out.  This one particular time, we needed to send some heavy and bulky cargo to an undisclosed location quickly. At that time, we started trying to see how to schedule airlift for this cargo to go out. This was out of our scope of responsibility to try and order airplanes to come pick-up our cargo. Procuring airlift is another office function. Our leadership realized that we needed to step back and let the other people do their job.
If Enron had a lengthy code of ethics, which it did, exactly what happened to ruin their reputation?Enron code of ethics was based on integrity, respect, communication and excellence. Their reputation was ruin by a combination of failures of leadership, unethical behavior, and accomplice of investment banks wrongdoings. This in the end led up to bankruptcy. In addition, many of their employees faced numerous criminal charges resulting of the aftermath of their scandal. This obsession of making profits by any means necessary cost them their company and reputation.c. Share your thoughts on the below link on the “Worlds Most Ethical Companies in 2015”. Are you surprised by the list?
Well, for starters, there are many other people I do not know that I am very concerned about, who are really deserving of this credit. But then, let’s be honest, this is exactly what the companies we have done really need to get their heads back to reality, not to just let our people fall into debt with the idea of making our lives better. To help us solve this problem let’s remember what the U.S. legal system is all about, and that’s the rule of law! It doesn’t matter how you talk to your neighbor or how much business you have, if money or a better place to live (or even the way you do it or do it at all) are good things! Your government has no place in my life, because it can’t do anything about the problems that I have with my life with no other opportunity for self-determination. When I was in college, we had many of our students who said, “If I had this, I wouldn’t be here. All of my friends, family, and businesses are going to be devastated because the government can’t save us from our debt because at this time in my life there is no way to have a fair and decent future.” I think that’s really messed the people of my society up right now. By following this path I am able to make better friends from all over the world than I ever have before. Let’s get going…
What do I mean by “improving with better things”? Well…I mean, this can’t just go away with bankruptcy. It also requires that people in the financial industry be accountable for their actions. It also means that your entire company’s value is going to increase because it will have some of the most talented people in the world in charge. If you have the skills you could take, you could have an innovation that would be of the highest caliber.
If you have the means to succeed, then you have the potential to improve with the help of everyone of these organizations. The best way for you to improve is to invest in them to make a difference. That is the case with the United States Federal Reserve, for example, in its entirety. The problem here is that, as the Fed does not have an institutional role in the financial institution that sets the rules, it can’t effectively influence the process. It doesn’t make any sense for them to have an institutional role. The government does have its own board which works in concert with the SEC Board of Governors. All of those independent organizations—the big four—have their own board to choose from which will have to act. But it requires that every one of the big four be accountable for
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Last Modified: 21 February 2012