Business Ethics

What Role Should Microaggressions Play in Discussions About Discrimination?

Examining Microaggressions as a Form of DEI A psychological concept that has become a part of the discussion of diversity, equity, and inclusion (DEI) is microaggressions. The term gained widespread appeal only twelve years ago, but by 2015 it had been crowned the word of the year by the Global Language Monitor. It is now rife on […]

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Regulatory Actions Taken Against Boeing: The Problems with 737 MAX

Ignoring Quality Controls to Maximize Profits The case of Boeing and its manufacturing deficiencies and production flaws is a tale of what can happen when a company puts profitability over safety. Most readers will be aware of the Boeing airplane crashes between 2018 and 2024 that threatened the very existence of a manufacturing company whose

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Boeing: Putting Profits Ahead of Safety

How Corporate Culture Drove Decision-Making The story of Boeing is it placed profits ahead of safety and the result has been a series of crashes/mechanical problems that have led to inspections by the National Transportation Safety Board (NTSB) and litigation by the Securities and Exchange Commission (SEC). In this blog I will address the culture

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Ethical Risks of AI in the Workplace

Creating an Ethical Framework to Mitigate Risk Today’s blog is an update to one previously posted about ethical risks of AI. I’ve added to it a discussion in the Harvard Business Review (HBR). A brief summary follows. Concerns About Ethical Risks According to the HBR article, for companies that use AI, risk aversion is a top

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Considerations in Deciding Whether to Blow the Whistle

Is Whistleblowing a Moral Act? Whistleblowers can be seen as heroes, disloyal, or even selfish if, in the latter case, the motivation for blowing the whistle is to gain a financial award, as is available under the Commodities Future Trading Commission (CFTC), Federal False Claims Act, IRS, SEC and the Dodd-Frank Financial Reform Act.  Whistleblowers

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The Story of FTX and Sam Bankman-Fried

An Example of Hubris, Incompetence, and Greed I always tell my students that the best way to learn about ethics, or the lack thereof, is through a case study. What follows is a mini-case study of the FTX fraud. Last week Sam Bankman-Fried was found guilty of misappropriating and embezzling billions of dollars of his

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Ethics & AI: Unanswered Questions

Ethics in the Age of AI: Addressing Moral Challenges in the Era of Automation I have previously blogged about the problem of creating an ethical framework and processes for AI. AI can improve human decision-making, but it has its limits. The possibility exists that bias in algorithms can create an ethical risk that brings into question the

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What Motivates Someone to Blow the Whistle?

Do Whistleblower Awards Lead to More Whistleblowing? The ethics of whistleblowing is a tricky matter. Whistle-blowing brings two moral values, fairness and loyalty, into conflict. Doing what is fair or just (e.g., promoting an employee based on talent alone) often conflicts with showing loyalty (e.g., promoting a longstanding but unskilled employee). Taken to its extreme

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The Importance of Critical Thinking Skills in Educating the Whole Person

Think Before You Act! Most educators are aware of the importance of technical skills in STEM subjects but do not necessarily recognize the importance of “soft skills” to carry out technical skills in a way that communicates personal values and logical thinking. Soft skills provide a foundation to analyze and apply decision-making effectively in many

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What is the Purpose of a Corporation?

Business Roundtable Issues a Public Relations Piece Have you read the “Statement on the Purpose of a Corporation” put out by the Business Roundtable on August 19? It suggests that corporations should no longer advance only the interests of shareholders. Instead, according to the group, they must also invest in their employees, protect the environment,

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