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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.

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Five Ways to Raise your Game in Consulting - Part 2

The Consultants Peer Group

As you are likely aware, there are enumerable media articles on ethics lapses in management consulting. USD] because of, among others, ethics and conflicts of interest abuses ; When McKinsey Comes to Town argues that the legendary firm has accrued an inordinate amount of influence chasing profits at the expense of moral principle.

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Are CEOs Less Ethical Than in the Past?

Strategy+Business

This year's CEO Success study shows that boards of directors, institutional investors, governments, and the media are holding chief executive officers to a far higher level of accountability for corporate fraud and ethical lapses than in the past. percent of all successions in 2007-11 to 5.3 percent in 2012-16.

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MIT Media Lab’s Joi Ito on Digital Innovation and Disruption

BCG

The MIT Media Lab encourages the unconventional mixing and matching of seemingly disparate research areas. Soon after coming to MIT, Ito introduced mindfulness meditation training to the Media Lab. Video Tuesday, March 22, 2016.

Media 76
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AI in Consulting: The Beginning of a New Era

Tom Spencer

For example, by analysing large amounts of data, such as historical sales, weather, and social media data, machine learning algorithms can identify patterns that can be used to predict future customer demand and inventory levels. In addition, AI raises new ethical and legal issues.

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CEOs Are Getting Fired for Ethical Lapses More Than They Used To

Harvard Business

From 2007-2011, forced turnovers due to ethical lapses were 3.9% On a regional basis, the share of all successions attributable to ethical lapses rose most sharply in the U.S. We see five reasons for the rise of ethics-based dismissals. of all successions at the world’s 2,500 largest public companies.

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Real-World Examples of AI in Management Consulting

Tom Spencer

AI-powered tools, such as natural language processing (NLP) and machine learning (ML), are able to generate valuable insights from unstructured data, such as customer reviews and social media posts. Clare Gregory is a consultant who combines a background in philosophy with a passion for physics.