article thumbnail

Do Ethics Still Matter?

Effective Managers

Is Ethics even a thing anymore? And it has stained at the same time the global profession of management consulting. Clients must believe that the management consultant who is providing them with guidance and support has their best interests at heart. So, is Ethics still a thing? What is happening in our world?

Ethics 52
article thumbnail

Asset Management – Client Segmentation (Part 3 of 4)

Tom Spencer

Retail Wealth Management. Large mutual funds have strong relationships with banks, where they are able to pay a trailer fee to bank investment advisors to market their product. High Net Worth (HNW) Wealth Management. At regional banks, the threshold for HNW usually falls around $1 million.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What You Can Do to Improve Ethics at Your Company

Harvard Business

It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. But what about the ordinary engineers, managers, and employees who designed cars to cheat automotive pollution controls or set up bank accounts without customers’ permission? Volkswagen. and the U.K., Cross-cultural differences.

Ethics 34
article thumbnail

5 Entrepreneurship Skills You’ll Get from an MBA

Tom Spencer

Appreciating the importance of ethics and reputation. The most valuable asset of a business is not its products, cash in the bank, computers, or proprietary data, but its reputation. An MBA also allows you to sharpen your hard skills in areas such as finances, operations, strategy, planning, supply-chain management, and legal.

Ethics 88
article thumbnail

The Transformative Power of AI in Business

Tom Spencer

Supply chain management is another area where AI is revolutionizing operations. As a result, businesses have the potential to improve inventory management, reduce costs, and increase customer satisfaction through faster and more accurate deliveries. Zuhair Imaduddin is an Innovation Development Analyst at JPMorgan Chase.

Data 147
article thumbnail

Managers Aren’t Doing Enough to Encourage Whistleblowing

Harvard Business

But far less attention has been paid to how the bank actively discouraged whistleblowing. Some employees even claimed that they were fired for calling the internal ethics hotline. Or, like Wells Fargo, is management tone-deaf when employees try to blow the whistle? Even worse, would management retaliate against a whistleblower?

Ethics 28
article thumbnail

Transforming Governance Through Modern Technology

Tom Spencer

This can ensure that businesses operate ethically, transparently, and in the best interest of stakeholders. For example, a multinational corporation might ensure accountability by appointing independent directors, conducting regular audits, and implementing a comprehensive risk management system.