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And we all know that markets and everyday people have been shaken by insider trading, manipulative accounting and blatant fraud. But what I key on as an MBA student is the fact that these crimes and scandals were rooted in the ambition, greed and lack of internal ethics found in corporate leaders that were graduates of MBA programs such as ours. All of these schools had so-called ?§Codes of Ethics.?? So what went wrong? And what can we do now to prevent mistakes of the past being made by Kellogg classmates and leaders of the future.
In my view, the challenge and the solution is measured by how much we can move away from fake credibility, PR spin and feigned ethics, to a Kellogg Honor Code program that produces internalized ethical behavior and a mind-set that ethics is a corporate asset, not a liability...
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