article thumbnail

High Cost of Ethics Lapses, Part ?

The Consultants Peer Group

I had written several blogs regarding the high cost of ethic lapses in consulting, in particular in June of last year Consulting Ethics Challenges , which addressed the very public nature of PwC Australia’s ethics problems. The high costs of those ethics problems are now very visible and quite frankly ugly.

Ethics 52
article thumbnail

Striking the Ethical Balance: Navigating Corporate Learning for Productivity and Well-Being

Clarity Consultants

Organizations face a delicate ethical balancing act of maximizing productivity while ensuring the well-being of their employees. It involves considerations related to the ethics of corporate training and the complexities of achieving a balance between productivity and the well-being of employees.

Ethics 90
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ethics Lapses Rears Its Ugly Head, Yet Again…

The Consultants Peer Group

Ethics is a crucial aspect of management consulting, as it affects the trust, reputation, and value of the profession. Management consultants are expected to adhere to high ethical standards and principles, such as those set forth by the Institute of Management Consultants USA (IMC USA) in its Code of Ethics1.

Ethics 52
article thumbnail

Consulting Ethics Challenges

The Consultants Peer Group

Where’s the lead sentence of my March 28, 2023 Blog, Consulting Ethics Concern Once Again , “Lack of consulting ethics once again. I went on to describe some recent consulting ethics lapses and proposed fixes. Peter Westlund CMC® showed a path to avoid these ethical traps through professionalism.

Ethics 52
article thumbnail

McKinsey, Opioids, & Ethics

CaseInterview.com

That said, just because something is legal doesn’t mean it is moral, ethical, or advised. Over the past few years, I think McKinsey has lost its ethical and moral compass as a firm. I do think the vast majority of those who work at McKinsey have strong ethics. What I think McKinsey did was worse. That is the problem.

article thumbnail

From Expert to Trusted Advisor: The Role of ISO 20700 in Management Consulting

Effective Managers

In the world of management consulting, being an expert isn’t just about having extensive knowledge in your field; it’s about becoming a trusted advisor to your clients. Focusing on Ethical Practices Ethics are at the core of the ISO 20700 guidelines.

article thumbnail

Consulting Ethics Concern, Once Again

The Consultants Peer Group

Lack of consulting ethics once again. In November 2022, an Economist article started with this sentence, “If a list were made of the reviled species in the professional world, only investment bankers would stand between management consultants and the top.” Adopt and adhere to both a Code of Ethics and a Code of Conduct.

Ethics 52