David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
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Journal of Business Ethics 25 (1):65 - 78 (2000)
Turning around and changing an organization's culture does not happen by chance. The purpose of this paper is to offer insights into what is needed for an organization to successfully transform itself from a culture and experience that does not support individual ethical behavior. The recent bond trading scandal at Salomon Brothers will be used to demonstrate that a successful ethical turnaround does not just happen spontaneously. In particular, we argue that new leadership, altering policies, structure, behavior, and beliefs are paramount to successfully change to an organizational culture that supports ethical behavior. Schein's five primary mechanisms available to leaders for embedding and reinforcing culture will be used to systematically analyze efforts to change Salomon Brothers' culture.
|Keywords||Philosophy Ethics Business Education Economic Growth Management|
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Meagan E. Brock, Andrew Vert, Vykinta Kligyte, Ethan P. Waples, Sydney T. Sevier & Michael D. Mumford (2008). Mental Models: An Alternative Evaluation of a Sensemaking Approach to Ethics Instruction. Science and Engineering Ethics 14 (3):449-472.
David Pastoriza, Miguel A. Ariño & Joan E. Ricart (2008). Ethical Managerial Behaviour as an Antecedent of Organizational Social Capital. Journal of Business Ethics 78 (3):329 - 341.
Vykinta Kligyte, Richard T. Marcy, Ethan P. Waples, Sydney T. Sevier, Elaine S. Godfrey, Michael D. Mumford & Dean F. Hougen (2008). Application of a Sensemaking Approach to Ethics Training in the Physical Sciences and Engineering. Science and Engineering Ethics 14 (2):251-278.
Vykinta Kligyte, Richard T. Marcy, Sydney T. Sevier, Elaine S. Godfrey & Michael D. Mumford (2008). A Qualitative Approach to Responsible Conduct of Research (RCR) Training Development: Identification of Metacognitive Strategies. Science and Engineering Ethics 14 (1):3-31.
Linda M. Sama & Victoria Shoaf (2008). Ethical Leadership for the Professions: Fostering a Moral Community. [REVIEW] Journal of Business Ethics 78 (1-2):39 - 46.
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