random shit

Question 1

Giving Voices to Values (GVV)

Answer 1

An approach to values-driven leadership development that helps you learn how to effectively act on your values and ethical principles in the context of your professional responsibilities.

Question 2

GVV 7 pillars

Answer 2

1. Values
2. Choice
3. Normalization
4. Purpose
5. Self-knowledge & Alignment
6. Voice
7. Reasons & Rationalizations

Question 3

Follow Dubious Orders or Speak up?

Answer 3

Susan:
- asked to misrepresent herself
- potentially being asked to violate her own values
- risks damaging her own reputation
- risks damaging her university’s reputation
Ambiguous situation: legal vs.ethical
- Susan is not in a position of power
New employee; intern
Career implications
Cultural differences
Conflicting advice

Question 4

Enron

Answer 4

In November 2001 Enron, the United States’ seventh largest corporation, issued a statement drastically revising its stated profits over the past three years. Within a month, the company was forced to declare bankruptcy—the largest bankruptcy in business history—and numerous charges surfaced that the company had engaged in a repeated pattern of un-ethical and perhaps illegal practices. In addition to shareholder and employee lawsuits, Enron’s executives also faced potential criminal charges for their roles in the scandal.

Question 5

Theranos

Answer 5

privately held health technology corporation known for its false claims to have devised blood tests that only needed very small amounts of blood

Founded in 2003 by then-19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors

A turning point came in October 2015, when investigative reporter John Carreyrou of The Wall Street Journal questioned the validity of Theranos’ technology. Since then, the company has faced a string of legal and commercial challenges from medical authorities, investors, the U.S. Securities and Exchange Commission (SEC), Centers for Medicare and Medicaid Services (CMS), state attorneys general, former business partners, patients, and others

Question 6

Purpose as disguise

Answer 6

professed purpose/mission covers up questionable business or even misconduct

Question 7

accounting vs finance

Answer 7

accounting tracks the decisions made by finance