In the month May 2009 interview, Harvard Business School Professor and SSRN chairman Michael Jensen defines honesty, elucidate how it differs from values and morality, and claims the effects of out-of-integrity behaviour are significantly more damaging than most folks believe. He describes that individuals are not the only ones that can have integrity: systems and objects can have it too - indeed, they can just get maximum performance by keeping integrity.
He describes the ethics of use, the integrity of implementation and the distinction between the ethics of layout. Reflecting on the 200809 finance crisis, the writer says that putting the economic system back in sequence is deceptively easy: "folks need to begin honoring their word. If they do, trust will materialize nearly immediately."
PUBLICATION DATE: September 01, 2009 PRODUCT #: ROT088-PDF-ENG
This is just an excerpt. This case is about ORGANIZATIONAL DEVELOPMENT