You are here: Home / Archives for Business Ethics

Gov’t Insurance Would Allow Coverage for Abortions

August 5, 2009

More reasons to oppose the government’s take-over of the health care system.
Breitbart | Ricardo Alonso-Zaldivar | Aug. 5, 2009

Health care legislation before Congress would allow a new government-sponsored insurance plan to cover abortions, a decision that would affect millions of women and recast federal policy on the divisive issue.

Federal funds for abortions are now restricted to cases involving rape, incest or danger to the health of the mother. Abortion opponents say those restrictions should carry over to any health insurance sold through a new marketplace envisioned under the legislation, an exchange where people would choose private coverage or the public plan. [Read more...]

Filed Under: Anti-Abortion, Business Ethics, Health care, Human rights, Media Bias

A Primer on Capitalism

January 23, 2009

ChrisBanescu.com | Chris Banescu | Jan. 22, 2009

In today’s turbulent financial times and difficult economic conditions, a lot of unjustified criticism and unwarranted accusations have been laid at the doorstep of capitalism. Many in the mainstream press and academia, a majority of politicians, and a large number of Americans have jumped on the bandwagon and unfairly blame capitalistic principles for the huge mess that we are in. Such widespread confusion evidences a misunderstanding by many Americans of how value is actually created in society and what capitalism really represents. [Read more...]

Filed Under: Business, Business Ethics, Capitalism, Economics, Freedom

Key Characteristics of Great Leaders – Part II

June 25, 2008

ChrisBanescu.com | Chris Banescu | Jun. 21, 2008

In this article I’m continuing with my review of the key characteristics of great leaders. Here are some additional qualities that embody superior leadership.

Great leaders surround themselves with greatness. They actively seek out the best possible people and hire them to fill all key positions within their organizations. Great leaders know that surrounding themselves with excellence is a direct reflection on their own character, abilities, and effectiveness as leaders. They understand that their own success and the success of their organizations depend mostly on hiring and promoting the best qualified, ethical, skilled, responsible, mature, and productive people and giving them the proper resources, authority, and freedom to do what’s needed for the long-term benefit of their companies. Great leaders do not feel threatened by anyone lower in the chain of command who’s smarter, better educated, more productive, or more popular than they are. They respect the greatness and unique abilities of the individuals they lead and encourage them to continually flourish and grow. [Read more...]

Filed Under: Business, Business Ethics, Leadership Tagged With:

Ethicist tells Catholic journalists in Toronto to be ‘word warriors’

May 31, 2008

CNS | Deborah Gyapong | May. 29, 2008

Ethicist Margaret Somerville, one of Canada’s leading intellectuals, challenged members of Catholic media to become “word warriors” and ethics agents to give people “the words they need to protect human dignity.”

“Words matter” because human dignity is under “unprecedented threat,” the founding director of McGill University’s Centre for Medicine, Ethics and Law told a gathering of about 400 Catholic journalists and communications professionals at the Catholic Media Convention in Toronto May 28. “A few words can turn the tide.” [Read more...]

Filed Under: Business Ethics, Culture war

Key Characteristics of Great Leaders – Part I

December 31, 2007

ChrisBanescu.com | Chris Banescu | Dec. 31, 2007

What are some key characteristics of a great leader? While many books and countless articles have been written about this subject, we continue to witness a significant shortage of great leaders in many companies and institutions. Here are some essential traits and skills that great leaders must possess. [Read more...]

Filed Under: Business, Business Ethics, Leadership

Truth in Organizations is Not Just a Matter of Opinion

October 3, 2007

OrthodoxyToday.org | Chris Banescu |October 3. 2007

Telling the truth is too often overlooked in business. Truth is the catalyst that should inform all management decisions and actions. It’s the foundation on which trust and integrity rest. Truth is the critical prerequisite that enables management and employees to make ethical decisions in the day-to-day activities of an organization.

Now when I speak of “truth” I mean the objective reality of our lives that we can all categorically agree with. This includes facts and information that cannot be disputed and are universally true whether or not someone chooses to acknowledge them. Some examples include: two plus two always equals four, water is necessary to sustain life, man has landed on the moon, companies must be profitable to remain in business, in a vacuum light travels at precisely 186,282.397 miles per second, and only 0.037% of our atmosphere is made up of carbon dioxide.

[Read more...]

Filed Under: Business, Business Ethics

Mistreating Employees A Clear Sign of Management Troubles

August 29, 2007

ChrisBanescu.com | Chris Banescu | August 28, 2007

During the glory days of the Dot Com Bubble I worked as Director of Web Development at Homestore.com (now Move.com). Homestore ran Realtor.com, the largest real estate site on the web. Homestore’s management team was unable to capitalize on the unique position and strategic advantages the company had in the marketplace and squandered the resources and talent they were entrusted with.

The way executives reacted to the looming financial crisis of their own making is an illustrative case study in how not to conduct layoffs and how not to manage a company’s most important assets – its employees.

[Read more...]

Filed Under: Business, Business Ethics

In Business, Ethics is Everyone’s Business

July 31, 2007

Orthodoxy Today | Chris Banescu | July 31, 2007

What happened to companies like Enron, WorldCom, Tyco, or even organizations like the Catholic Church where ethics collapsed and management behavior became criminal? Their leaders did not set out to break the law. So how did they end up disgraced, and some even behind bars?

Many of these problems can be traced to a failure of ethical decision-making. Ethics acts as a “fail-safe” mechanism.

[Read more...]

Filed Under: Business, Business Ethics