Harvard Business Review

DECEMBER 22, 2016

Trust and openness are crucial elements of an ethical organizational culture. Only when employees are able to voice the problems they see can ethical lapses be discussed and resolved. Moral attentiveness: This describes the extent to which individuals are aware of the various ethical dilemmas at hand. You and Your Team Series.

Ethics 8

Ethics Groupthink Morale Conflict of Interest 8

Harvard Business Review

SEPTEMBER 12, 2012

The study assembles considerable evidence about the hidden business model of major pharmaceutical companies: to devote most of their research budget to developing hundreds of drugs that provide few if any advantages over existing drugs and then market them heavily to doctors and patients. Negative results are usually not published at all.

Business Model 15

Business Model Company Pharmaceuticals Price 15

Harvard Business Review

JUNE 2, 2014

If your company puts you in charge of developing a foreign market or a new line of business, your challenges are in many ways similar to those facing a startup. And it requires a constant vigilance to make sure that you don’t get into legal or ethical grey areas or lose sight of the company’s interests.

Innovation 15

Innovation Conflict of Interest Strategy System 15

Harvard Business Review

DECEMBER 4, 2013

Use an evaluation system that links the company’s strategic requirements with the prospects’ individual capacities and performance, with the latter focusing on their integrity and ethics, team building, execution excellence, shareholder return, and personal gravitas—and ability to work in the boardroom. Place the board leader in charge.

CEO 9

CEO Tips Consultative Long-term 9

Harvard Business Review

DECEMBER 6, 2012

For example, the SEC in 2010 had charged Goldman with misleading some of the parties to a billion dollar transaction (involving a complex derivative called a synthetic collateralized debt obligation), alleging specific facts about undisclosed conflicts of interest. Goldman settled within months for $550 million.

Conflict of Interest 8

Conflict of Interest CEO Asset Management Committee 8

Harvard Business Review

SEPTEMBER 19, 2016

From a historical perspective, the idea that managers in organizations have a single, dominant duty — to achieve or maximize economic returns — is a striking development. In addition, 30 states have passed laws that explicitly authorize companies to consider the interests of parties other than shareholders.

ROI 8

ROI Long-term Conflict of Interest Pharmaceuticals 8

Strategy Driven

MARCH 11, 2011

Business development. So were professional development programs, rewards for random acts of kindness and other empowerment initiatives. The audit committee of the board would not sign off on behalf of the deals, which just kept happening and developing secret lives of their own. Running the business. Body of Knowledge.

Strategic Planning 57

Strategic Planning Committee Golden Handcuff Media 57

Harvard Business Review

FEBRUARY 3, 2017

By that I mean that pharma companies should develop innovative treatments for pervasive unmet medical needs; avoid corruption, collusion, and other unethical marketing practices; and make sure that their products reach as many patients around the world as possible. For instance, 60 institutional investors, collectively managing more than $5.5

Reputation 8

Reputation Pharmaceuticals Price Business Model 8