The leaders of today face many difficult and potentially explosive situations in which they must make decisions that can help or hurt their businesses, themselves and others. How they can improve the ethical quality of their decisions? How can they ensure that their decisions will not backfire? The authors consider the three types of theories - theories about the world, theories about other people, and theories about yourself - it is to help managers to understand how they make judgments on which they base their decisions. By understanding these theories, they can learn how to make better ethical decisions. "Hide
by David M. Messick, Max H. Bazerman Source: MIT Sloan Management Review 16 pages. Publication Date: December 1, 1996. Prod. #: SMR018-PDF-ENG