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Obviously the very act of laying off large numbers of people suggests the firm involved is not in good shape, but the researchers wanted to test how the impact of layoffs differs from other forms of organizational crisis, such as poor publicity or breaches of ethical norms. Unique crises. ”
Businesses are more profitable and productive when they act ethically, treat their staff well, and communicate better with their customers, according to the latest Lady Geek Global Empathy Index. Automotive. Automotive. There is a direct link between empathy and commercial success. compared to weighted average of 5.2%
For example, Apple says that whenever it finds an underage worker in its supply chain, it sends the child home safely, continues paying his or her wages, and even finances the child’s education and offers employment once doing so is legal. Many companies claim to adhere to strict policies about child labor.
Formerly a leader in the automotive, retail, restaurant, media innovation and consulting industries. Darek Lenart – Senior VP HR, Finance MasterCard. Sanyin Siang – Executive Director of the Duke University Fuqua/Coach K Center on Leadership & Ethics (COLE). Former President, Dow Chemical USA. Author: The Launch Book.
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