From the course: Values and Ethics: Case Studies in Action
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Transparency vs. getting results
From the course: Values and Ethics: Case Studies in Action
Transparency vs. getting results
- A lot of companies include transparency in their list of corporate values. Now, that doesn't just mean telling the truth. It means telling the whole truth. Especially in situations where it might benefit you to just say nothing at all. And, like many other values, this one can seem like it makes it difficult to get the results you want. And in this scenario, you'll see a couple of examples of that play out. So, imagine the chief executive officer and the chief financial officer are having a private conversation about how the company's profits are going to look this quarter. Now, the quarter ends in about three weeks and everybody's been stressed because the forecasts are showing that they're not going to make their numbers. But the CFO assures his boss that they are going to make their numbers. And when the boss asks how he's so sure, the CFO gives him two reasons. First, he told him that he'd already talked to the VP…
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